Before retiring as vice premier, Zhang Gaoli was the face of China’s organizing efforts ahead of the 2022 Winter Olympics.
Monthly Archives For November 2021
In China, escalating cost of business sends some companies to the exits
A new data protection law adds to challenges faced by foreign firms operating in the massive Chinese consumer market.
Will China’s property tax rob from the rich and give to the poor, aiding common prosperity drive?
China’s property tax plan is part of Xi Jinping’s push to achieve common prosperity with the move aimed at narrowing the yawning wealth gap.
Baidu, Pony.ai Nab Commercial Robotaxi Licenses in Beijing
Search giant Baidu Inc. and Toyota Motor Corp.-backed Pony.ai Inc. were granted the first batch of licenses from Beijing regulators to start open-road autonomous commercial driving operations in a …
China’s robust economy to attract more foreign investment, talents, economist says
China’s robust economy will attract greater foreign investment inflows and foreign talents into China, Dan Wang, Chief Economist at Heng Seng Bank (China) has said. “China’s main attraction for …
Stocks Steady, Futures Up Amid China Growth Effort: Markets Wrap
Asian stocks were steady Thursday and U.S. equity futures rose as traders weighed China’s efforts to cushion its economy as well as robust U.S. expansion that may hasten the withdrawal of monetary …
China regulator seeks to avoid U.S. delistings of Chinese firms
HONG KONG (Reuters) -Chinese authorities are working with U.S. counterparts to prevent Chinese companies being delisted from U.S. stock exchanges, a Chinese regulatory official said on Thursday, as a …
China’s yuan firms, market expects Beijing to rein in strength
China’s yuan strengthened against the dollar on Thursday, underpinned by continued year-end corporate demand for the local currency, but some economists expect Beijing to start reining in the currency …
Commentary: Western luxury brands enter risky pact with China influencers
Luxury brands have unsurprisingly tried to tap into the lucrative Chinese social media industry by recruiting celebrities to promote products, leading to unforeseen consequences, says an observer.
Southeast Asia’s capital markets record robust IPO activity: Deloitte
Capital markets across Southeast Asia recorded robust initial public offering (IPO) activity for the first 10 and a half months in 2021, according to a news release from Deloitte on Thursday. Deloitte …
China asks US to immediately stop elevating relations with Taiwan
China asked the US to immediately “stop elevating relations with Taiwan in essence” following the second US-Taiwan Economic Prosperity Partnership Dialogue held this week.
Baidu, Pony.ai Approved for Robotaxi Services in Beijing
Chinese tech group Baidu Inc and self-driving startup Pony.ai have won approval to launch paid driverless robotaxi services that will see the firms deploy not more than 100 vehicles in an area in …
Philippines rejects China’s demand to remove grounded navy ship
The Philippines will not remove a dilapidated navy ship grounded on an atoll in the South China Sea, its defence chief said on Thursday, rejecting a demand by China after it blocked a mission to…
