Posted inEconomy
US tampon brand Kotex apologizes for controversial ads, removes content
An advertising video on Douyin showed a man carrying a pad everywhere he goes, using it as an eye mask, foot pad, or a rag to wipe down objects. "If…
Posted inEconomy
All projects in Iraq operating normally, without damage following rocket attack: Chinese petroleum and gas firm
Zhongman Petroleum and Natural Gas Group Corporation (ZPEC) said that all of the company's projects in Iraq are operating normally, and the attack will not affect the normal construction and…
Posted inEconomy
New reality for Chinese live-streaming
Industry expected to reshuffle following tightening regulation Having stepped into the short-video and livestream sector - widely viewed at the hottest form of social media over recent years - Liu…
Posted inEconomy
China to continuously promote high-quality construction of BRI in 2022: Foreign Ministry
China will continue to promotea high-quality construction of the Belt and Road Initiative with all parties in 2022 and try to achieve fruitful results, said Zhao Lijian, Chinese Foreign Ministry…
Posted inEconomy
Biz Quick Take: Tesla and others will embrace faster growth as China removes restrictions
China on Monday renewed its foreign investment negative lists, shortening the lists five years in a row. Among major changes, restrictions on foreign ownership in passenger car manufacturing are now…
Posted inEconomy
Amid global energy crunch, China’s economic system prevails again
In late September, as an unusual cold wave arriving weeks earlier than previous years took the country by surprise, many residents in Northeast China were caught off guard by sudden…
Posted inEconomy
China honors pledges to scrap ownership limits on foreign automakers in new negative list
China on Monday unveiled a nationwide negative list for 2021 - in a move that observers called "a signature and phased step in high-level opening-up of the economy" - that…
Posted inEconomy
Local market regulator in Xi’an summoned e-commerce platforms to stabilize prices and ensure supply
Local market regulator in Xi'an, capital of Northwest China's Shaanxi Province, summoned more than 20 e-commerce platforms and online food delivery platforms, including JD.com, Meituan, and Freshhema, to stabilize prices…
Posted inEconomy
Chinese education company New Oriental launches livestreaming platform and ventures into e-commerce after stricter regulations on private tutoring
China's largest private education agency New Oriental Education and Technology officially launched a livestreaming platform called "Dongfangzhenxuan," with the company's founder Yu Minhong set to deliver his first livestreaming show…
Posted inEconomy
Xinjiang’s imports and exports value hitting a record high in November
The total value of imports and exports of Northwest China's Xinjiang Uygur Autonomous Region hit a new high in November, rising 48 percent from October to 16.03 billion yuan ($2.52…