Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both institutions, …
Monthly Archives For October 2021
Ex-bank governor accused of corruption repatriated to China
A fugitive criminal suspect who was formerly governor of the Liaoyang Rural Commercial Bank in northeast China Liaoning Province was …
Tesla’s China Plant Keeps Coming Through as Elon Musk Hurdles Crises
Tesla Inc.’s Shanghai factory that was critical to the electric-car leader making it through initial pandemic shutdowns is now playing a crucial role in taking vehicle deliveries another leg …
How China manufactured nationalism in triumph over Huawei CFO Meng Wanzhaou’s return
“If faith has colour, it must be China Red,” said 49-year-old Meng Wenzhou, after returning to China after almost three years. Triumph in her speech and nationalism in the air around her couldn’t have …
China’s plan to block export of ‘core’ data raises questions over implementation
Beijing’s new draft regulation, which defines data according to their level of importance, lack clarity, experts said …
Crypto clampdown: China ban will not hamper ‘biggest political idea for 150 years’
China’s recent ban of all cryptocurrency will not hamper the prospects for what has been described as the “biggest political idea for 150 years” by some asset allocators, who have likened the current …
China’s Crypto Ban Made Bitcoin Stronger, Says Edward Snowden
Bitcoin found another supporter in Edward Snowden, former NSA employee. Snowden mentioned that BTC is up by 1,000% since March 2020.
China has taken a ‘long term bet’ on green tech ambitions, expert tells Net Zero Festival
The West must step up its ambitions if it wants to compete with China’s green tech manufacturers, a leading expert on the country’s net zero ambitions told last week’s Net Zero Festival. Last year, …
Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
The Swedish auto maker said it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
China Evergrande to raise $5 bln from property unit sale – Global Times
China Evergrande will sell a majority stake in its property management business for more than $5 billion, Chinese media said on Monday, a deal which would be the largest asset sale yet at the …
Coronavirus: Bali to reopen direct flights from China, Japan, South Korea
Foreigners from New Zealand, Qatar and the UAE can also enter the country through Bali airport from Oct 14.. Read more at straitstimes.com.
The Station: Inside the Rivian R1T and its IPO filing
Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Welp, it was an EV heavy week, starting with the…
Trading of China’s Evergrande shares is suspended in Hong Kong
The debt-ridden developer said trading in shares of its property management unit was being halted pending an announcement related to a merger or takeover.
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