China’s cash-strapped developers have become reluctant to acquire land even as some local governments relax bidding rules, adding to signs of their liquidity crunch and threatening to deepen the …
Monthly Archives For December 2021
China famous SaaS company OP Retail is now going globally after 2 rounds of funding
OP Retail, one China retail solution provider which has empowered over 2,000 brands with its cutting-edge sensors and analytics, is …
China’s Tech Moguls See $80 Billion of Wealth Evaporate in 2021
Uncertainty prevails even after China unveiled sweeping regulations governing overseas share sales by the country’s firms, threatening to amp up scrutiny over IPOs abroad that had proceeded virtually …
Morgan Stanley Plans To Boost Stakes In China Ventures To 94%
Morgan Stanley – a major US multinational investment bank – announced plans to increase its stake in its brokerage joint venture in China by to 94%.
China Tightens Loophole for Companies Listing Abroad
With new rules on ‘Negative List’ companies and for VIE-type structures, China is restricting investment while also stipulating it’s permissible.
China Yuchai Creates New Subsidiary
China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating …
Is Yum China (YUMC) Doomed to Have a Terrible 2022 Too?
Yum China is focused on continuous unit growth of restaurants in order to drive incremental sales. In 2018, the company opened 819 restaurants and re-modeled 931 stores. This exceeds the company’s …
COVID-19 situation remains critical in China’s Xi’an despite lockdown
Health situation in China’s Xi’an city remains critical as daily COVID-19 case count remains high even after six-day lockdown imposed recently.
Beijing raises NEV quota in 2022 new car plate allocation
Beijing Municipality will raise the quota of new-energy vehicles (NEVs) in the new car license plate allocation next year, authorities announced Wednesday. The city will allocate 100,000 new car …
NHL players vent frustration over being barred from Beijing Olympics
Brad Marchand is not happy. Neither is Vladimir Tarasenko. And they are not alone. A handful of NHL players are voicing their frustration over the league’s decision barring them from participating in …
Should Manufacturers be Punished for Not Including Chargers with their New Phones? Here’s what China’s MIIT has to say
Apple has started a trend in the smartphone industry with its iPhone 12 lineup. Yes, we’re talking about the controversial decision from Apple to remove all chargers from the boxes of its brand new …
Attackers in China using open-source Log4j flaw
The attack came from a China-based group dubbed Aquatic Panda that has been … flaw is especially pernicious because the open source software is widely used within business software and networking …
China: Public shaming returns amid Covid-19 fears
Police in southern China have been captured on camera parading four alleged offenders through the streets in a public shaming exercise. The four men were accused of smuggling people across China’s …
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