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Tag: China

Posted on June 23, 2021

North Korea’s Food Supply in Crisis as Imports From China Drop 90 Percent

Kim Jong-un recently admitted the food situation in North Korea is “getting tense” as imports from China have dropped 90 percent.

( read original story …)



Posted on June 23, 2021

North Korea’s currency, commodity markets in turmoil as borders stay closed – reports

Currency exchange rates and commodity prices appear to be wildly fluctuating in North Korea as a resumption in major trade with China hasn’t materialised, media reports and analysts say, increasing …

( read original story …)



Posted on June 23, 2021

China Jan-May State-Owned Firms’ Profits up 170% Y/y – Finance Ministry

Profits at China’s state-owned enterprises rose 170% to 1.79 trillion yuan ($276.18 billion) in the first five months of the year versus the same period a year prior, the ministry of finance said on …

( read original story …)



Posted on June 23, 2021

China Jan-May State-Owned Firms’ Profits up 170% Y/y – Finance Ministry

Profits at China’s state-owned enterprises rose 170% to 1.79 trillion yuan ($276.18 billion) in the first five months of the year versus the same period a year prior, the ministry of finance said on …

( read original story …)



Posted on June 23, 2021

China’s GDP Surge Is Chance To Reboot Country’s Image On World Stage

The best thing Xi Jinping can do to boost China’s soft power is to lean into this recovery, and provide the stability that the rest of the globe needs.

( read original story …)



Posted on June 23, 2021

LG pivots from phone business to electric cars; aims to focus on EV supply chain

South Korea-based LG Electronics is shutting down its smartphone business and now the company is aiming at the growing electronic vehicle supply chain. By the end of July, LG will exit the phone …

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Posted on June 23, 2021

Chinese E-commerce Giant JD.com Accelerates Cross-border Trade with Thailand

JD.com, China’s largest retailer, announced a record-breaking transaction volume of RMB 343.8 billion yuan (~1,680 THB billion) during its 618 Grand Promotion (June 1 to …

( read original story …)



Posted on June 23, 2021

Chinese E-commerce Giant JD.com Accelerates Cross-border Trade with Thailand

JD.com, China’s largest retailer, announced a record-breaking transaction volume of RMB 343.8 billion yuan (~1,680 THB billion) during its 618 Grand Promotion (June 1 to …

( read original story …)



Posted on June 23, 2021

Graphics: Chinese business continues its post-COVID bounce back

China’s corporates have made further progress in business normalization despite lingering uncertainties, continuously recovering from the COVID shock, according to the latest China CFO survey by UBS …

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Posted on June 23, 2021

US-China: Soon neither country will have ambassadors in each other’s capitals. Will it make a difference?

CNN has launched the Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here.

( read original story …)



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