A survey shows Jack Ma, founder of e-commerce giant Alibaba, held onto his status as China’s richest entrepreneur as the coronavirus shutdown propelled demand for online shopping and other services … ( read original story…
Monthly Archives For October 2020
China’s Covid success compared to Europe shows lockdowns are the first step, not a solution
As much of Europe stares down the barrel of renewed coronavirus lockdowns, and a potentially miserable — and deadly — winter to come, China is going from strength to strength. ( read original story …)
China’s super rich got $1.5 trillion richer during pandemic: report
China’s super wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday. ( read original…
Stock market boom, new listings mint China billionaires at record pace
China is minting new billionaires at a record pace despite an economy bruised by the coronavirus pandemic, thanks to booming share prices and a spate of new stock listings, according to a list … (…
China pulls ahead among major economies in pandemic recovery
China reported third-quarter growth figures that will probably make it the only country to grow, rather than contract, in 2020. ( read original story …)
China’s new home prices grow at slowest rate since 2016 on tighter rules
New home prices in China grew at their slowest pace in over 4-1/2 years as tightening measures in some big cities helped cool the property market despite a broader economic recovery. New home prices ……
Exclusive: Didi considers 2021 Hong Kong IPO, targets valuation of more than $60 billion, sources say
China’s top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous … ( read original story …)
China’s new home prices grow more slowly in September
New home prices in China grew at a slightly slower monthly pace in September, data showed on Tuesday, weighed down by tightening measures in some big cities to curb a potential market bubble. ( read…
Solid policy gains expected in financial services, technology for Hong Kong, with Lam flanked by relevant ministers at Beijing talks
and the People’s Bank of China, so policies such as the Wealth Management Connect scheme can be launched soon,” Hung said. Beijing unveiled the scheme in June – though a launch date is yet to…
Lack of finance forces Bangladesh to consider shelving coal
China is the country’s largest developer and funder … The contracts of those who have not already got finance will be dropped. Industry insiders said that the production cost of coal power is higher ……
ProPak China 2020 – A Powerful Business Enabler for Reviving Processing and Packaging Market in Asia
The 26th edition of ProPak China, the International Processing & Packaging Exhibition, has been rescheduled to 25-27 November 2020 at the National Exhibition Convention Center Shanghai (NECC). As the … ( read original story …)
Chinese tech firms eye Singapore base amid US-China tensions, coronavirus border closures
China ties, and border closures due to the coronavirus pandemic – these are some factors prompting Chinese firms to increasingly adopt a business approach that has helped corporations diversify their … ( read original story…
Intel Casts Off More Memory Chip Business in $9 Billion Deal
The sale to SK Hynix of South Korea includes a major factory in China and follows the company’s decades-long shift into microprocessors. ( read original story …)
