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China’s trade surplus surged 18% year-on-year in July 2022

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China’s trade surplus unexpectedly surged to a fresh record peak of $101.26 billion in July 2022 from $55.89 billion in July 2021, far above market forecasts of $90 billion. Exports climbed 18% year on year, the most in six months, while imports grew much slower at 2.3%. China’s imports and exports totaled 23.6 trillion yuan ($3.49 trillion) during the first …

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China is taking big step toward easing business travel by cutting quarantine time for international travelers

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International travelers will only need to quarantine for seven days at a centralized facility, such as a hotel followed by three days of health monitoring at home, when they arrive in mainland China, according to the National Health Commission announcement on Tuesday. Before, arrivals from outside China typically had to spend 14 to 21 days in centralized quarantine, depending on …

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Weixin retains top spot as the world’s most valuable and strongest brand in Brand Finance Global 500

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Leading brand valuation consultancy Brand Finance announced its annual report on the world’s most valuable and strongest brands Global 500 for 2022 on January 26. For the second consecutive year, Weixin was named the world’s strongest brand. Weixin (also known outside China as Wechat) is a multi-purpose instant messaging, social media, and mobile payment app developed by Tencent. The report …

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China’s ceramics manufacturing powerhouse Dehua held its first “Master IP+” product launch and business matching event

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The first Dehua “Master IP+” product launch and business matching event was recently kicked off in the China ceramics e-commerce logistics park in Dehua county of eastern China’s Fujian Province. By introducing more than 300 ceramics products for the Year of the Tiger, this very first event of the newly-opened logistics park set the tone for building a “Master IP+” …

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Huawei holds leadership in 5G RAN Portfolio for the third year in a row

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Huawei’s 5G Radio Access Networks (RAN) portfolio has been ranked as a leader for the third year in a row in GlobalData’s recent H2 2021 report 5G RAN: Competitive Landscape Assessment. This report is released every six months to evaluate the competitive advantages of 5G RAN products from major RAN vendors. In the H2 2021 report, Huawei’s product portfolio outclassed …