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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL
India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…
ANI
Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says
The US Treasury and State Department recently announced fresh restrictions against 400 people and e…
Huileng Tan
Hedge fund turned to a wargame to plan for a Chinese invasion of Taiwan
A hedge fund turned to a tabletop wargame to see how a Chinese invasion of Taiwan could play out. I…
Michael Peck
Mark Cuban wants to take out Chinese knockoffs, and he says Kamala Harris is on the same page
"Knockoffs are a plague on small businesses, that costs them time, money and may put them out of bu…
Kwan Wei Kevin Tan
5 ways rich Chinese Gen Zers are redefining luxury
Gen Z shoppers in China prioritize craftsmanship, brand stories, and reflecting trends like slow li…
Paige Bruton,Alexandra Bacon
Rakhi festive sales expected to surge over Rs 12,000 crore across country: Confederation of All India Traders
The Confederation of All India Traders (CAIT) on Sunday anticipated a festive trade of over Rs 12,0…
ANI
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
Chinese farmers across 14 towns are spraying industrial sulfur on wolfberries so they'd be 'red and beautiful:' state media
CCTV aired clips of workers soaking the berries in vats of sodium metabisulfite and smoking them in…
Matthew Loh
To get paid by Russian customers, some Chinese banks are taking documents across borders to get them stamped, reported Reuters
Smaller local Chinese banks are overlooking US sanctions to process payments with Russia because th…
Huileng Tan
The Chinese economy is so bad, even Chinese people can't be enticed into buying dirt-cheap mega-sale items
The 618 sale, which normally draws in billions, reported its first sales dip in eight years, showin…
Aditi Bharade
Queen-size mattresses are selling for as little as $175 in the US, thanks to Chinese overproduction
There's a probe into whether Chinese mattresses are being shipped via other countries to the US aft…
Huileng Tan
Everyone from Starbucks to Chinese giants wants in on the global boba tea craze. Meet the family who started it all.
Chun Shui Tang started out as a traditional teahouse in Taiwan. But as founder Liu Han-Chieh found …
Huileng Tan
Chinese EV makers are hit with new EU tariffs
The European crackdown comes after Joe Biden announced sweeping tariffs on $18 billion worth of Chi…
Tom Carter
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
Dozens of angry Chinese suppliers swarmed Temu's office, saying they're tired of giving Westerners refunds without returns
Small merchants in China have been holding rallies this month to protest Temu's fines and refund po…
Matthew Loh
Chinese shoppers are so obsessed with LVMH that some people asked the CEO to bless their babies
Bernard Arnault's last visit to China drew large crowds, even as the Chinese luxury market dips.
Shubhangi Goel
Biden announces a 100% tariff on Chinese EVs
The White House has announced it's imposing tariffs on $18 billion of Chinese goods, including a 10…
Tom Carter
The US battle against Chinese trade could hurt the Americans it's supposed to protect, Harvard professor says
Putting up higher barriers presents a separate set of risks, Kenneth Rogoff said.
Filip De Mott
Apple finally gets some good news in China as iPhone shipments surge
iPhone shipments in China soared about 40% in May, according to Bloomberg calculations, suggesting …