G7, a fleet management company backed by Tencent Holdings Ltd., is weighing an initial public offering in Hong Kong that could raise about $500 million as soon as this year, people with knowledge of …
Monthly Archives For April 2022
European Firms Feel the Pain of China’s Covid Resurgence, Business Group Says
The latest resurgence of Covid-19 across China has disrupted global supply chains and put pressure on foreign companies, said executives of the European Chamber of Commerce in China. The remarks came …
Biden hasn’t been “sufficiently robust” in defending US against China: Gordon Chang
Gordon Chang of the Gatestone Institute discussed the Biden administration’s efforts to end the Trump-era national security policy, the “China Initiative,” arguing the president hasn’t been …
Explainer: Why are MOFCOM’s and the Foreign Exchange Bureau’s China FDI Statistics Different?
China FDI statistics are calculated differently by different government bodies. We explain why and discuss what foreign investors should be watching.
China paid for U.S. social media influencers to tout Beijing Olympics
Government filings show China paid a company in New Jersey to recruit a “Real Housewives” star, a TikTok “brand king” and others to promote its Winter Games.
Chinese Property Sector’s Go-Go Days Aren’t Coming Back
It has long been a reliable bet for investors that whenever China’s housing market slows down, Beijing eventually comes riding to the rescue—and usually overdoes it. This time things will be different …
The coming end of ‘property hegemony’
It has long been the mainstay of the economy of the Macau SAR, the only place in China where gambling is legal. And, what are the mainstays of the Hong Kong SAR’s economy? Well, finance…
China’s Covid Lockdowns Hit Supplies to Companies Like Apple and Tesla
Manufacturers including suppliers to Apple and Tesla are struggling to keep some of their China operations going as extended and widening Covid-19 lockdowns choke off supplies and clog up truck routes …
President Xi Jinping praises China’s virus handling as Shanghai prepares 130,000 Covid-19 beds
China’s President Xi Jinping praised the country’s “tested” zero-Covid strategy on Friday (April 8), even as Shanghai authorities prepared nearly 130,000 beds for Covid-19 patients amid surging cases …
Northeast China’s Jilin City halts community transmission of COVID-19
Jilin City northeast China Jilin Province on Friday announced that it has cut off all COVID-19 transmission chains in communiti …
Shenzhen reopens high schools, cultural venues, as anti-Omicron method ensures ‘quickest recovery’
Shenzhen in South China’s Guangdong Province, a city of 13 million and China’s silicon valley, reopened high schools and cultural venues, and launched a series of construction programs on Friday, …
Beijing’s handpicked candidate for Hong Kong signals tighter control
The former security chief in Hong Kong has been handpicked and reflects China’s disregard of outside criticism.
A fourth Chinese billionaire founder-CEO has stepped down as Beijing keeps up the pressure on its tech giants
E-commerce giant JD.com’s founder Richard Liu is the latest to leave a tech leadership role in China.
