Labubu toymaker Pop Mart plans to establish its European headquarters in London, reports the South China Morning Post. This came as UK Prime Minister Keir Starmer met the company’s founder during a high-profile China visit aimed at rebuilding Britain’s economic ties with China. “London stands at the heart of the global creative ecosystem, and we are thrilled to plant our European roots there,” Wang said in a […]
Category: Economics & Trade
China’s largest gold mining company Zijin Mining is acquiring Canadian miner Allied Gold in an all-cash deal valued at about C$5.5 billion (US$4 billion), reports the South China Morning Post. This is the first major cross-border transaction after Beijing and Ottawa recently reset ties after years of diplomatic strain. Zijin Gold International, a Hong Kong-listed subsidiary of […]
China’s largest gold mining company Zijin Mining is acquiring Canada’s Allied Gold in an all-cash deal valued at about $4 billion. This is the first major cross-border transaction since Canadian Prime Minister Carney’s recent visit to Beijing, which saw a thawing of several years of diplomatic tensions. The announcement came as gold prices reached a […]
Guangdong province, China’s largest regional economy, expanded by 3.9% in 2025, reports Caixin. The number fell short of its official goal and saw the province far below the national average as the country’s top manufacturing hub continues to grapple with a prolonged property slump. The province’s gross domestic product rose to RMB 14.58 trillion ($2.1 trillion) […]
China is set to ramp up imports of Russian oil in January, absorbing barrels that would have previously gone to India and Turkey, reports Reuters. This comes as tougher Western sanctions force Moscow to redirect flows, LSEG data and traders said. China is due to receive nearly 1.5 million barrels per day (bpd) of Russian oil […]