Ant, an affiliate of Chinese ecommerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month, the sources …
Monthly Archives For June 2022
China’s economy is looking brighter but it’s not in the clear yet
From big gains in tech stocks to robust trade data, China has had plenty of good news on the economic front this week.
China’s top livestreamer Li Jiaqi’s online silence stretches to a week
The online silence of China’s top livestreaming sales influencer, Li Jiaqi, stretched to a week on Friday, leaving fans speculating about why he had gone missing and when he would be back on their …
China new bank loans nearly triple in May as Beijing steps up policy support
New bank lending in China jumped far more than expected in May and broader credit growth also quickened, as policymakers try to reverse a sharp, COVID-induced economic slump.
Founder’s Son to Take Up the Reins at Chinese TV Brand Skyworth
The founder’s son of China’s Skyworth Group will become the next chairman of the home appliance giant, facing the challenge of diversifying the dominant television set business. Next month, Lin Jin, …
Sales of Chinese auto brands continue steady growth in May
BEIJING – Chinese car brands maintained steady expansion in sales and gained a larger market share in May 2022, industry data showed. A total of 620,000 Chinese-brand passenger cars were sold last …
Nike Ends Running App In China Indicating Uphill Struggle
Nike’s popular running app has announced the suspension of its services in China. Is the sportswear giant losing even more footing in the local market?
Chinese football is a poor imitation of global product. Why didn’t they follow the ‘Made in China’ route?
A less than pragmatic approach ensured China’s modern football product was pitched at such a high entry point it struggled to establish, let alone maintain, a footholdThere was time when the “Made in …
All the Wrong Moves: Biden’s China Policy
US President Joe Biden has wrapped up his first trip to Asia. He met with new South Korean President Yoon Suk-yeol to shore up the alliance between their …
China calls COVID ‘lab leak’ theory a lie after WHO report
China has attacked the theory that the coronavirus pandemic may have originated as a leak from a Chinese laboratory as a politically motivated lie.
China allegedly made a breakthrough in protecting blockchains from quantum attacks
ChainMaker, a Chinese blockchain platform, claims to have developed new technologies to protect it against quantum assaults.
‘More work’ to be done’: Key takeaways from the WHO report on origins of the Covid-19 pandemic
A team of international scientists tasked with understanding how the coronavirus pandemic began released their first report on Thursday, saying that all hypothesis remain on the table, including a …
India, China capable of resolving boundary issue via talks: say Beijing; claims US attempting to add fuel to fire
After a US General visiting India termed the Chinese activity level in eastern Ladakh as eye-opening the Chinese Ministry of Foreign Affairs MoFA on Thursda …
