Chinese grocery app Dingdong said on Tuesday it was aiming for a valuation of over US$6 billion in its initial public offering in the United States.
Monthly Archives For June 2021
Graphics: Chinese business continues its post-COVID bounce back
China’s corporates have made further progress in business normalization despite lingering uncertainties, continuously recovering from the COVID shock, according to the latest China CFO survey by UBS …
US-China: Soon neither country will have ambassadors in each other’s capitals. Will it make a difference?
CNN has launched the Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here.
Joe Biden Keeps Up Pressure on China as U.S. Navy Warship Passes Taiwan Strait
A U.S. Navy destroyer sailed through the sensitive waters of the Taiwan Strait for a sixth time under the Biden administration on Tuesday, drawing fresh criticism from China.
IN FIGURES: China’s ores, alloys imports in May 2021
A summary of China’s ores and alloys imports for May 2021. May imports of ferro-chrome declined because buyers were less concerned about domestic supply after Inner Mongolia loosened its energy …
Blinken meeting European allies to brief on Putin summit, rally to counter China
Secretary of State Antony Blinken returns to Europe in what a senior U.S. diplomat called another key trip focused on “rebuilding our relationships with allies.” …
Hong Kong’s last pro-democracy newspaper announces closure, conceding defeat to China’s Communist Party
Board of directors says “current circumstances” in once semi-autonomous Hong Kong will force it to cease all operations by the end of the week.
China prepares for Communist Party centenary in secret
Chinese authorities have closed Beijing’s central Tiananmen Square to the public, eight days ahead of a major celebration being planned to mark the 100th anniversary of the founding of the ruling Comm …
China space station: Astronauts record first 24 hours in space
According to a news clip that aired on China’s national broadcaster Central China Television, the astronauts start the day by communicating with ground control at 08:00 and do not …
China, U.S. May Hold Diplomatic Talks Next Week, FT Reports
Top Chinese and U.S. diplomats may hold talks during a Group of 20 meeting next week in Italy, the Financial Times reported, a sign the governments of the world’s biggest economies may be taking steps…
U.S., China discuss possible meeting of secretary of state, Chinese foreign minister -FT
The United States and China are discussing a possible meeting of U.S. Secretary of State Antony Blinken and Chinese Foreign Minister Wang Yi at a G20 meet in Italy next week, the Financial Times …
China’s EV maker Xpeng gets approval to list in Hong Kong -source
The listing committee of Hong Kong Stock Exchange has approved China’s electric vehicle maker Xpeng Inc (XPEV.N) for a dual primary listing in the Asian financial hub, a source with direct knowledge …
China-focused SPAC Cedarlake files to raise $200m in US IPO
China is home to more than 590 unicorns, which are privately held companies with a valuation of over $1 billion.
