China will grant a refund of 70% of value-added tax (VAT) on long-term natural gas imports signed before 2014, the Ministry of Finance said in a statement on Friday, in an effort to help national…
Monthly Archives For April 2021
COLUMN-Corn market bulls await bump in U.S. shipments to China -Braun
The rapid increase in feed demand from China that began last year has been a big part of why Chicago corn futures are at multiyear highs, though a little more follow-through for U.S. exports would…
Chinese companies queue up for U.S. IPO
Chinese companies played a role in the red-hot IPO market in the U.S. during the first quarter of this year as half of 36 foreign public listings in the U.S. are companies based in Greater…
JD.com logistics unit on track to deliver $4bn Hong Kong IPO
It plans to use proceeds from the IPO to upgrade and expand its network and develop its technology. China’s integrated supply-chain logistics services industry is expected to grow from 2.02 …
China orders Tencent and other big tech firms to curb their finance businesses
Hong Kong () Chinese regulators have ordered more than a dozen tech companies to fix the most “prominent problems” of their financial units, escalating a historic crackdown on the sector that has …
Global supply chain continues to shift away from China, but it remains the top sourcing location
American and European companies are gradually reducing their reliance on China, and its popularity as a sourcing market among Western buyers took a hit during the pandemic.
China’s Economic Recovery From Covid-19 Shows Signs of Slowing
Official gauges across China’s economy fell short of expectations in April, hit in part by semiconductor shortages, suggesting that the economy’s strong pandemic bounceback is starting to lose some …
SANAA designs cloud-like structure for Shenzhen Maritime Museum
Japanese architecture studio SANAA has revealed its design for a museum in Shenzhen, a collection of hemispherical forms which will be blanketed by a mesh louvred roof.
Nokia targets China fightback
Nokia CEO Pekka Lundmark (pictured) used the vendor’s Q1 earnings call yesterday (29 April) to vow it will bid in the next round of network tenders in China later this year. The CEO highlighted the…
China Mobile, AsiaInfo establish Alliance of 5G New Smart Cities
China Mobile, AsiaInfo, CMIOT, Huawei, Inspur, Gosuncn and Lianren Digital Health have established the Alliance of 5G New Smart Cities. AsiaInfo was elected as the council member of the Alliance, and …
China Toughens War on Financial Scams Ahead of New Fraud Rules
China has ramped up a crackdown on financial scams, from cryptocurrency swindles to bogus patriotic fundraising that capitalizes on the coming 100th birthday of the ruling Communist Party, as new anti …
Nine ex-Shenzhen detainees face new charge
Prosecutors have pressed a new charge against nine Hongkongers who were detained in Shenzhen after an alleged failed attempt to flee to Taiwan by …
Report urges Shenzhen to pay more attention to attracting talents
The report was jointly published by the Shenzhen Academy of Social Sciences and the Institute of Studies for the Greater Bay Area of Guangdong. It is based on analysis of data on flows of talents,…