China’s economy grew more slowly than expected in the second quarter, as slowing manufacturing activity, higher raw material costs and new COVID-19 outbreaks weighed on the recovery momentum. Gross …
Monthly Archives For July 2021
Jianzhi Education tests regulatory waters with first US IPO bid by Chinese online firm after Didi crackdown
Chinese online firm Jianzhi Education is seeking to raise up to US$50 million through a US stock offering, after four unsuccessful bids to list in Hong Kong.
Chinese tech giants look to make business changes in a bid to preempt regulators
Chinese regulators have introduced new rules in areas from anti-monopoly to data security. Big tech firms are looking to get ahead of the rules.
Chinese investigators announce cause of mysterious shaking in Shenzhen’s SEG Plaza
Planned work includes removing antennas and repairing damage accumulated over two decades – but plaza will no longer be among Shenzhen’s 10 tallest buildings.
China’s share of global bitcoin electricity usage drops under half
China’s share of global electricity usage for bitcoin mining fell to under half for the first time this April, while Kazakhstan has catapulted to third place as its share of mining increased sixfold.
China makes prototype fridge able to reach quantum computing temperatures
Chinese scientists have developed a prototype “refrigerator” capable of reaching the ultra-low temperatures needed for quantum computing . According to state-run media, the Institute of Physics at the …
Daybreak Europe Show Open: Stocks Mixed After Powell, China Data
YOU HAVE THE NFID SURVEY ALSO SHOWING THAT SMALL BUSINESSES Manus Cranny and Dani Burger open “Bloomberg Daybreak: Europe” discussing the uncertainty in markets due to inflation fears and China …
China’s tech ‘not state-of-the-art’, but it is what emerging markets can afford, and China is already there
Increasing hostility and challenges by developed countries will not deter China from boosting hi-tech investment under its grand infrastructure-connectivity plan known as the Belt and Road Initiative, …
Beijing: 2022 Winter Olympics on track despite pandemic
With the postponed Summer Olympics set to open in Tokyo next week, Beijing has made moves to show its preparations for the Winter Games are well on track for February despite the uncertainty of the…
Update: China’s property investment up 15 pct in H1
China’s investment in property development rose 15 percent year on year in the first half of 2021, the National Bureau of Statistics (NBS) said Thursday. Total property investment in the period stood …
China weighs risk and reward in a Taliban-led Afghanistan
China abhors a power vacuum, especially on its borders, and maintaining stability after decades of war in its western neighbour will be Beijing’s paramount consideration if the Taliban return to power …
COLUMN-Masked by rising fuel exports, China’s falling oil needs send bearish signal: Russell
China imports of crude oil were soft in the first half of the year, but exports of refined fuels were strong and on track to reach a record high in 2021, underscoring the impact of…
China Q2 GDP: The economy is still growing. But the recovery is slowing down
China’s economy is still growing, but the pace of its recovery slowed in the second quarter as the country contended with surging commodity prices and supply chain disruptions.
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