Chinese officials have introduced much legislation aimed at the technology sector. Is this creating a buying window?
Monthly Archives For September 2021
DAILY: China import iron ore prices recover, sales down
Chinese prices of imported iron ore for both port inventories and seaborne cargoes recovered on September 3, while trading was lukewarm. On Friday, Mysteel PORTDEX 62% Australian Fines in Qingdao …
NHL reaches agreement to send players to Olympics in Beijing
NHL players are set to return to the Olympics in Beijing this winter after reaching an agreement with international officials. The league, its players’ union, the International Olympic Committee and …
City of Beijing Leads Plan for State Investment in Didi, the Embattled Ride-Hailing Giant
The municipal government is coordinating a proposed investment in the ride-hailing giant by a consortium of state-backed companies, a person familiar with the matter said.
China phone makers could be squeezed by TSMC and Samsung chip price hikes amid weak consumer demand
Smartphone makers in China, most of whom currently rely on imported chips, are expected to see rising costs as major chip foundries, including Taiwan Semiconductor Manufacturing Company (TSMC) and …
China’s retail property market still a popular investment destination
China’s retail property market is and will continue to be a popular investment destination for investors, developers and retailers, said the latest report by Cushman and Wakefield, a global real …
New Beijing Stock Exchange could be the financial lifeline China’s small companies are crying out for, analysts say
New Beijing Stock Exchange would further China’s policy goals of reducing debt levels and creating a more mature capital market structure.
China Will Strive to Fend off Financial Risks, Central Bank Says
China’s will strive to fend off financial risks by shoring up its risk prevention, pre-warning and disposal systems, the central bank said on Friday. China will push forward reforms of small- and …
City of Beijing said to seek taking Didi under state control
Beijing’s municipal government has proposed an investment in Didi Global Inc. that would give state-run firms control of the world’s largest ride-hailing company, according to people familiar with the …
Didi climbs following report Beijing’s city government is seeking control of the ride-hailing company
Didi shares rose Friday following a Bloomberg report that the city of Beijing is seeking control of the ride-hailing company. A consortium including a part of the Beijing Tourism Group is discussing …
Lithuania recalls Beijing ambassador over China-Taiwan spat
Lithuania has recalled its ambassador to China after the Baltic country’s decision in July to allow self-governing Taiwan to open an office in its capital under its own name …
China bans effeminate men from being on television
China’s government banned effeminate men on TV and told broadcasters Thursday to promote “revolutionary culture,” broadening a campaign to tighten control over business and society and enforce …
EXCLUSIVE Ericsson CEO to double down on China as 5G tussle rumbles on
Ericsson’s top executive vowed to double down on efforts to regain market share lost in China after Sweden blocked Chinese suppliers from its 5G roll-out, a move that antagonised Beijing and has hit …
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