It adds risk to the IPO of his firm, PAG, but making an example of him would be tricky. His sentiments are shared in the financial community. Shan Weijian, the founder and chair of private…
Monthly Archives For April 2022
China tech giants like Alibaba see earnings forecasts slashed on Covid-19 lockdowns
HONG KONG (BLOOMBERG) – China’s technology giants have had their earnings estimates slashed for a second straight month amid the nation’s relentless pursuit of its Covid-19-zero strategy. Analysts …
Beijing closes more venues as anger at Shanghai’s COVID lockdown grows
Beijing closes more gyms, malls, cinemas to contain outbreak Delivery companies work overtime to supply residents Many expats prepare to flee Shanghai as lockdown drags on BEIJING/SHANGHAI, April 29 …
Coronavirus Update: China to stick with ‘zero’ covid policy, as Shanghai cases rise
China’s highly influential media outlet, Global Times, reports the country’s National Health Commission, citing that it will not depart from the covid zero policy. “Practice of dynamic zero-COVID …
China’s Sudden Currency Plunge Raises Risk of a 2015-Style Panic
(Bloomberg) — When China’s tightly managed currency depreciates dramatically against the dollar, it can be hard to stop. Most Read from Bloomberg Four European Gas Buyers Made Ruble Payments to …
Oil eases as China lockdowns weigh on demand outlook
SINGAPORE (Reuters) – Oil edged lower on Friday as China’s COVID-19 lockdowns weighed on the outlook for crude demand, although supply disruption fears as Western sanctions curb crude and products …
China’s manufacturers remain key to global supply chain, producers ‘ even more dependent’ on world’s factory
The organisation partners with global brands and other institutes to supervise working conditions and product quality at hundreds of Chinese factories. Was the US-China phase-one trade deal a …
The quest for mutual benefit: The complicated China-U.S. business relationship gets more complicated
At the Business Times’ annual Bridge From China event sponsored by Nixon Peabody, we asked six experts on Chinese-U.S. relations to tackle the complex nuances of the political and business …
China’s COVID-19 lockdowns ‘really hurt our business,’ Align Technology CEO says
Align Technology CEO Joe Hogan joins Yahoo Finance Live to discuss earnings, business in China amid a COVID outbreak, and the company’s growth outlook.
Beijing approves driverless taxi permits for Baidu and Pony.ai
Beijing is paving the way for driverless robotaxis. China’s capital city granted permits to auto startup Pony.ai and Chinese internet giant Baidu to offer self-driving car services to the …
Apple sees growing supply problems, says demand in China affected
Chief Financial Officer Luca Maestri warned in an interview that … Supply problems were focused on a corridor in Shanghai, China and reflected COVID disruptions and silicon shortages, he added. The …
More Infrastructure Stimulus Is the Last Thing China Needs
Through dozens of new laws, Wyoming hopes to become America’s blockchain headquarters, attracting businesses from across the crypto sector. Whether they show up though is yet to be determined.
Alarmed by Russia’s Aggression, Europe Rethinks Its China Ties
Through dozens of new laws, Wyoming hopes to become America’s blockchain headquarters, attracting businesses from across the crypto sector. Whether they show up though is yet to be determined.
