Tag: Business
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Thailand Prepares for Influx of Chinese Products Amid China-U.S. Trade Tensions
For decades, Lampang province in northern Thailand has been synonymous with its iconic porcelain rooster bowls. Known as the country's ceramics hub, the province produces handcrafted tableware and stoneware sold in domestic markets and exported to Europe, the U.S., and neighboring countries.
Buy Now, Pay Later: Latin America Pressured by Chinese Online Shops
By Paulina Abramovich Isidora Olave opens a package containing a T-shirt, a skirt, and a handful of glitter stickers shipped to her front door in Santiago, Chile, all the way from China, almost 20,000 kilometers away.
Chinese PM Meets Saudi Crown Prince During Riyadh Visit
Saudi Arabia's de facto ruler Crown Prince Sheikh Mohammed bin Salman met on Wednesday with visiting Chinese Premier Li Qiang to discuss bilateral ties, Saudi state media said. Riyadh was Li's first stop in a regional Gulf trip that will also ...
Indonesia’s Antitrust Agency Says Shopee Arm Admits Breaches
The Indonesian arm of e-commerce firm Shopee has admitted violating anti-monopoly rules and agreed to change some of its operations, Indonesia's antitrust agency, or KPPU, said on Wednesday. The KPPU said in May it was monitoring the Indonesian units of e-commerce ...
Indonesia Probes Shopee and Lazada for Suspected Anti-Competition Breaches
Indonesia's antitrust agency said Monday it was probing local units of e-commerce giants Shopee and Lazada for potential breaches of anti-competition rules. The agency said it was closely watching PT Shopee Internasional Indonesia and PT Ecart Webportal Indonesia, the domestic units ...
QatarEnergy Signs $6 Billion Deal With China Shipbuilder
A Chinese ship-building giant will construct 18 huge gas carriers for QatarEnergy under a $6 billion deal the Gulf firm announced on Monday. The firm hails it as the largest ever such contract. The China State Shipbuilding Corporation (CSSC) is set ...
Chinese EV Brands Want to Dominate Global South Auto Markets
Enthusiasm for electric vehicles is waning in both the U.S. and China, but that is definitely not the case in other parts of the world where EV adoption rates are steadily rising. In fact, at the Bangkok Motor Show this week, ...
TikTok Finds Its Way Back Into Indonesia’s Booming E-Commerce Market
Chinese-owned TikTok announced on Monday that it is taking over 75% stake in Tokopedia, the Indonesian e-commerce unit of GoTo’s super-app ecosystem. The company said that it will spend a total of $1.5 billion and that the transaction will be completed by the first quarter of ...
Lots of People Are Confused About Indonesia’s Decision to Ban E-Commerce on TikTok. Here’s Why They Did It.
The Indonesian government last week outlawed the use of TikTok to sell goods online goods, delivering a massive blow to the Chinese social media giant in its fastest-growing market in Southeast Asia. Since the ban went into effect last Wednesday, there's ...
Zambian President Haikinde Hichilema Does the Rounds of Shenzhen’s Tech Giants
Zambian President Haikinde Hichilema devoted the third day of his week-long China tour to visiting some of the country's largest tech companies headquartered in the southern megacity of Shenzhen. The president visited the headquarters of internet giant Tencent, automaker BYD and ...
ASEAN’s Hyper-Focus On Economic Growth Won’t Make Geopolitical Tensions Go Away
Indonesia’s ASEAN Chairmanship this year leans heavily towards spurring economic growth, believing that the focus on the more “neutral” subject would unite the group. In these economic efforts, ASEAN has been consistent in its messaging about working with all partners, because ...
Translation: How a Middle-Aged Chinese Divorceé is Enjoying His “Next Life” in a Big House With a Zambian Wife
This article was published on 驻外之家 (Home Abroad), a popular WeChat page that focuses on the stories of Chinese expatriates in Africa. This channel provides a more detailed picture of Chinese who came to Africa, stayed in Africa, and, in many instances, eventually became part of the ...