Beijing has repeated its offer to provide COVID-19 vaccines to Taiwan. A spokesperson for the State Council’s Taiwan Affairs Office says the central government is concerned about the COVID-19 …
Monthly Archives For June 2021
Debt-Ridden Evergrande Plans to Sell Stake in Property Unit for Estimated $400 Million
A unit of the debt-challenged China Evergrande Group plans to sell part of its holdings in a Shenzhen-listed developer in a deal estimated at nearly $400 million amid investor concerns about the real …
China policy divides Germany’s biggest party ahead of election
A manifesto by the Christian Democratic Union of Germany contrasted comments made by Armin Laschet, the party’s candidate to be the next chancellor.
Is a commodities supercycle looming, and what risks does it pose for China?
Soaring commodity prices have stirred debate about whether the world is entering a new commodities supercycle, which could sting Chinese producers and hurt recovery from the pandemic.
China tells banks not to provide services related to cryptocurrencies
People’s Bank of China called on banks to not provide services including trading, clearing, and settlement for cryptocurrency transaction …
Online Tutoring Startup Spark Education Files for U.S. IPO as Regulators Crack Down at Home
Spark Education, a Beijing-headquartered firm providing online education for K-12 students, has filed for an IPO on the Nasdaq, joining the ranks of Chinese e-learning platforms with plans to list in …
China Trucking Startup Raises $1.6 Billion in U.S. IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside …
China Says U.S. Blackmailing Them Into Cooperating With COVID Origins Probe
National security adviser Jake Sullivan said Beijing risked being shunned by the international community if it failed to cooperate in the next phase of the WHO’s efforts to trace the origins of the …
China Crypto Clampdown Sends Bitcoin Closer to Key $30,000 Level
China’s intensifying cryptocurrency crackdown has left Bitcoin flirting with $30,000, a price level seen as key to the short-term outlook for the largest virtual currency.
Chinese Husband-And-Wife Duo To Become Billionaires On Bubble Tea Chain’s IPO
The married couple behind bubble tea chain Nayuki look set to become billionaires as the company prepares to go public in Hong Kong.
China’s Full truck Alliance raises US$1.6 billion in US IPO
REUTERS: China’s Full Truck Alliance Co Ltd raised nearly US$1.6 billion through a U.S. initial public offering on Tuesday, giving it a …
China Decries U.S. ‘Interference’ for Donating Vaccines to Taiwan
After the U.S. expedited its donation of vaccines to Taiwan over the weekend, China’s Foreign Ministry called it a “political maneuver” that interferes in its “internal affairs.” …
Iran and China Love Friday Afternoons in the White House | Opinion
On a Friday afternoon, the White House hoped that no one would notice that Secretary of Defense Lloyd Austin ordered the drawdown of troops and military materiel from the Middle East.