China on Monday slammed Canada’s “risky and provocative” aircraft patrols near North Korea and warned of “serious consequences” in the aftermath of complaints from Ottawa about Beijing’s aggressive …
Monthly Archives For June 2022
Didi’s stock jumps 50% on report that China’s probe is ending
End of a chapter The news caps a dramatic year for what was once one of China’s most celebrated and valuable companies. Didi launched a blockbuster initial public offering in the United States last …
Chinese ride-hailing giant Didi surges 50% after report that regulators are ending probes
Chinese regulators are concluding investigations into ride-hailing giant Didi, the Wall Street Journal reported, sending shares of the company surging.
US STOCKS-Futures rebound as China ADRs rally; tech, growth stocks rise
U.S. stock index futures bounced on Monday, as a report of Beijing regulators concluding a year-long probe into Didi Global added to optimism about easing COVID-19 curbs in the country, lifting shares …
The US military is watching China’s presence grow in Latin America, and it doesn’t like where things are going
In March 2021, US Coast Guard cutter Stone was turned away from a port call in Argentina, which has developed close economic and political ties with China. “We were going to do a port call…
Morning rush resumes in Beijing as COVID curbs ease
STORY: Residents cycled on the roads alongside heavy traffic as normal work resumed and traffic bans were lifted on Monday in most areas of Beijing. Restaurants, which have been restricted to takeaway …
China pilots low carbon bonds to help companies become greener
China is rolling out so-called low carbon transition bonds to help companies become greener, the country’s interbank bond market regulator said on Monday, as Beijing strives toward carbon neutrality.
Vietnam’s aquatic product exports to China to grow this year: official
Vietnam’s aquatic product exports to China are expected to rise positively this year, said Nong Duc Lai, Commercial Counselor at the Vietnamese Embassy in China.
US considers removal of some China tariffs to combat inflation
The U.S. may be scrapping some tariffs on China, and this was revealed by Gina Raimondo, the countrys commerce secretary, on Sunday, Jun 5. She shared that President Joe Biden has asked the ministry …
China looks to recover from strict Covid lockdowns
With the current wave of the Covid pandemic seemingly in retreat in Shanghai after two painful months of strict lockdown, economic activity has started to pick up once again. Under the Chinese …
Futures rebound as China ADRs rally; tech, growth stocks rise
U.S. stock index futures bounced on Monday, as a report of Beijing regulators concluding a year-long probe into Didi Global added to optimism about easing COVID-19 curbs in …
China lifts lockdowns, but services still struggle
China’s services activity contracted for a third straight month in May, pointing to a slow recovery ahead despite the easing of some COVID lockdowns in Shanghai and neighboring cities, a private …
Shenzhen authorities intervene in probe of senior SOE official’s wife threatening to use 50 Bentleys to block parking space
A video of a woman threatening to block a parking space with 50 Bentleys attracted attention on Weibo. Source: Sina Weibo. State-owned Assets Supervision and Administration Commis …
