A Chinese state-backed fund will take a stake in the retail arm of billionaire Zhang Jindong’s Suning empire, marking another step in Beijing’s efforts to clean up its heavily indebted conglomerates.
Monthly Archives For July 2021
Analysis: Didi’s Fate and China’s Overseas Share Sale Policies
China’s three major state-owned telecom operators, China Mobile, China Telecom Corp. and China Unicom, were dropped from the New York Stock Exchange after former U.S. President Donald Trump issued a …
Now China buys up our top microchip maker: Britain’s biggest producer is to be sold to Chinese-owned technology firm despite security fears
Nexperia said it had agreed to buy Newport Wafer Fab in a deal reportedly worth around £63million. The facility in South Wales manufactures crucial power components for cars.
China Crackdowns On Major US-Listed Companies
After crackdown on Didi, China announces investigation on three major technology services in an attempt to tighten its national data security.
U.S. Covid-19 ‘vaccine diplomacy’ is catching up to China and Russia’s efforts
The seeming collapse of Moscow and Beijing’s vaccine diplomacy efforts means that the United States needs to be there to pick up the slack, providing safe, effective vaccines to the world. Doing …
China Won’t Bury Us, Either
He warned that those who tried to “bully, oppress or enslave” China would “crack their heads” on a “Great Wall of steel.” In fact, nobody is trying to bully, oppress or enslave China. The century…
Morocco’s Sothema to produce China’s Sinopharm Covid-19 vaccine
Moroccan pharmaceutical firm Sothema will soon start production of 5 million doses a month of China’s Sinopharm Covid-19 vaccine in the North African country, state news agency MAP reported yesterday.
China accuses Australia of COVID-19 vaccine sabotage in the Pacific
China accuses Australia of “planting” consultants in Papua New Guinea to obstruct the authorisation of Chinese-supplied jabs in the country, as the Pacific becomes caught up in a vaccine diplomacy …
An MMT Economist Explains Why China Should Boost Fiscal Spending
Calls are growing louder for China’s government to boost fiscal stimulus regardless of high debt levels in the economy, an approach that’s drawn comparisons with an unconventional economic theory …
China’s Crypto Crackdown is not over yet
There are still some miners who have the “wait and see” approach towards the ban of crypto mining in China and hence, they are not proceeding with their movement to another country for their business.
Didi spurned Chinese regulators, who wanted to delay its U.S. IPO
Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial …
FirstFT: China expands its tech crackdown
China has broadened a crackdown on tech platforms, targeting more US-listed companies after ordering the removal of ride-sharing group Didi Chuxing from domestic app stores in a move that sent tech …
What’s Happening With Tesla in China?
Tesla in China seems to be having one problem after another.” The honeymoon Elon Musk once enjoyed in the world’s most populous nation is over. Can Tesla recover from all the bad press in China?
