Xpeng has confidentially filed for an initial public offering in the U.S., but has not decided which exchange to list on, sources told CNBC. ( read original story …)
Monthly Archives For August 2020
Skyscrapers witness Shenzhen’s fast development
The rising skyline of Shenzhen testifies to the fundamental changes the city has witnessed over the past 40 years since the reform and opening-up policy was introduced. [Chinanews.com] The rising … ( read original story…
China Offers Coronavirus Vaccine Priority Access to Poor, Developing Countries
China is making overtures to poor and developing countries to make a future COVID-19 vaccine available in an effort to improve its standing in the world’s eyes. ( read original story …)
China Turns on ‘Son in Law’ Zuckerberg for Showing ‘True Face of U.S. Capitalism’
“After wooing China in the hopes of getting Facebook into the Chinese market, Zuckerberg has done a complete about-face,” a Chinese state media outlet complained this week. ( read original story …)
China central bank adviser says no need to step up monetary easing: media
The People’s Bank of China does not need to step up its policy easing as an economic recovery is well under way and further stimulus could stoke property and stock bubbles, central bank policy adviser…
CIOE 2020 will be held from September 9 to 11 in Shenzhen,China
SHENZHEN, China, Aug. 5, 2020 /PRNewswire/ — CIOE 2020 (the 22 nd International Optoelectronic Exposition) will be held as scheduled from September 9 to 11 at its new venue Shenzhen World … ( read original…
Video suggests explosions in North Korean city near China
A video obtained by The Associated Press shows plumes of black smoke rising from a North Korean city near the border with China amid reports that deadly explosions occurred there earlier this week. Th ……
U.S. health chief to be highest-ranking official in decades to visit Taiwan, angering China
TAIPEI (Reuters) – U.S. Secretary of Health and Human Services Alex Azar will visit Taiwan in coming days, his office said on Tuesday, making the highest-level visit by a U.S. official in four decades ……
SMIC founder says ‘optimistic’ China can catch up with U.S. in semiconductors
The founder of China’s largest chipmaker SMIC said on Tuesday he was “optimistic” China could catch up with the United States in the next generation of semiconductors but that U.S. efforts to contain … (…
China shares extend gains as investors hold out for recovery
China stocks on Wednesday ended higher for the fourth straight session, as investors clung to hopes of a post-pandemic recovery in the world’s second-largest economy while the heavyweight services … ( read original story …)
Nissan says China sales rose 11.6% in July
Japanese automaker Nissan Motor said on Wednesday its sales in China rose 11.6% in July from a year earlier to 120,945 vehicles. ( read original story …)
China’s July exports seen falling on global virus surge; import growth cools: Reuters poll
China’s exports are expected to have dipped in July as a surge in global coronavirus infections depressed demand, while growth in imports likely cooled, a Reuters poll showed on Wednesday. ( read original story …)
China stocks rise as economic rebound hopes stay intact
China stocks rose marginally on Wednesday as investor confidence in the country’s economic upswing stayed intact, though a drop in financials tamed the broader market’s strength. ** At the midday … ( read original story…