ByteDance Ltd., the Chinese parent of video app TikTok, submitted an application in Beijing for permission to export technology, as it tries to work out an agreement with the Trump administration that … ( read…
Monthly Archives For September 2020
China is like an asset class in itself: Bank Julius Baer
Bhaskar Laxminarayan of Bank Julius Baer says China’s growth has a slight edge over the U.S. near-term, as approval of a U.S. fiscal stimulus package remains uncertain ahead of the presidential … ( read original…
China to step up financial support for supply chains
China will step up support for key firms engaged in supply chains in advanced manufacturing, services and trade sectors, the central bank and other state agencies said in guidelines issued on Tuesday, … ( read…
China auto show forging ahead under anti-virus controls
The first event for the CEO of Swedish electric car brand Polestar at this month’s Beijing auto show: A two-week quarantine in a hotel. The auto show, the first … ( read original story …)
China’s surprise climate pledge leaves Australia ‘naked in the wind’, analysts say
Beijing now has a more ambitious long-term climate goal than Australia – and there are fears that could have a dire impact on our economy … ( read original story …)
China is building vast new detention centers for Muslims in Xinjiang
Some 60 prisonlike facilities have been built, even as Beijing claims Uighurs have “graduated” from reeducation camps. ( read original story …)
Singapore’s Wilmar Unit to Raise $2 Billion in China IPO
The issue price for the proposed listing was set at 25.70 yuan per YKA share, Wilmar said in a statement. Strategic investors, comprising state-owned funds, sovereign wealth funds and insurance … ( read original story…
Trump tech war with China changes the game for US business
President Donald Trump’s war on Chinese technology firms has changed the ground rules for global business, underscoring a new political reality that could have negative repercussions for American … ( read original story …)
Mainland China reports seven new COVID-19 cases vs. 10 a day earlier
Mainland China reported seven new COVID-19 cases on Sept. 23, down from 10 reported a day earlier, the country’s national health authority said on Thursday. The National Health Commission said in a … ( read…
OMA builds metal and glass campus headquarters for Tencent in Beijing
OMA has housed the Tencent Beijing Headquarters in China within a giant glass building that is punctured by geometric insets and has interiors that mimic a small city. Located at the edge of … (…
Chindata, a Bain-backed Chinese data center operator, sets terms for $500 million US IPO
Chindata Group Holdings, an integrated data center operator focusing on Asia-Pacific emerging markets, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $500 … ( read original story …)
Not all of China is recovering from the economic hit from coronavirus at the same rate, survey finds
The economic recovery in China from the shock of the coronavirus is only happening in part of the country, according to an independent survey by the China Beige Book released Thursday. ( read original story…
Coronavirus: Hong Kong Tourism Board boss says city’s return to leisure travel should start with Shenzhen
Shenzhen should be first in line for re-establishing tourism links with Hong Kong, followed by Guangzhou and other parts of Greater Bay Area, official says. ( read original story …)