May 28, 202 May 28 (Reuters) – Shein, the online fast-fashion giant, is now shifting its IPO ambitions to Hong Kong after Chinese regulators did not approve its previously proposed London listing, according to three sources familiar with the matter. The Singapore-headquartered company, which moved its base from China in […]
Chinese Economy
Chinese Economy
By UT volunteer On Thursday, Chinese Vice Premier He Lifeng met with NVIDIA President and CEO Jensen Huang in Beijing. During the meeting, He expressed China’s willingness to welcome more U.S.-funded enterprises—such as NVIDIA—to expand their presence in the Chinese market and leverage their technological strengths to enhance global competitiveness. […]
The U.S. has added two Chinese companies to its Uyghur Forced Labor Prevention Act (UFLPA) blacklist over forced labor accusations. The Department of Homeland Security placed a Chinese steel manufacturer and an artificial sweetener maker on the list, which now includes 75 entities banned from importing goods tied to forced […]
By Uyghur Times Staff, May 17 Opening: The United States has taken a significant step in its efforts to address human rights concerns in the Uyghur region by barring imports from 26 Chinese cotton traders or warehouse facilities linked to allegations of forced labor involving Uyghur people. Details: The move […]
The Chinese propaganda outlet Global Times reported that China’s Ministries of Commerce and Science and Technology have released a catalog titled “Export Prohibited and Restricted Technologies.” China’s trade ministry announced that “In accordance with the “Foreign Trade Law of the People’s Republic of China” and the “Technology Import and Export […]
Key Takeaways: Rome, Italy – December 7, 2023 – Italy, the only G7 nation to have participated in China’s Belt and Road Initiative (BRI), has announced its withdrawal from the global infrastructure program. This decision, effective March 2024, reflects a hardening stance towards China among European nations. Prime Minister Giorgia […]
China has appointed economist Pan Gongsheng, who studied at Cambridge University and Harvard University, as the new Communist Party chief at the People’s Bank of China (PBOC). This unexpected move comes as Beijing aims to address the country’s economic slowdown and stabilize its currency. Pan, currently serving as the deputy […]
Campaigners have accused Vietnam of laundering cotton from ‘Xinjiang’ to help China bypass the fresh Uyghur Forced Labor Prevention Act, EcoTextile reports on its website. Eventually, the Vietnamese manufacturers sell the items to the US market without disclosing the source.
U.S. Senator Marco Rubio (R-FL), with five other Republican senators, has sent a letter to the Chief Executive Officer of the U.S. International Development Finance Corporation (DFC) Dev Jagadesan. They have inquired whether the (DFC) is inadvertently aiding the Chinese Communist Party’s (CCP) export of solar panels tainted with the forced labor of Uyghurs in Xinjiang.