There is some troubling demand news coming out of China, the world’s largest importer of grains and oilseeds. Reuters reports that the country’s January …
Monthly Archives For September 2022
Tim Cook and Apple Make Move That Could Annoy China
The restrictive measures and lockdowns imposed in China to limit the spread of the virus have particularly affected the local suppliers of many Western companies. The zero-covid policy in China has …
Chinese EV maker Leapmotor raises US$800mil in IPO
Chinese electric-vehicle (EV) maker Zhejiang Leapmotor Technology Co has raised about HK$6.3bil (US$800mil or RM3.66bil) in its Hong Kong initial public offering (IPO), according to sources.
China Arrests 93 for Crypto-Related Money Laundering; Bank of America Says Crypto Is Acting as Risk Asset
Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China’s Hunan province arrested 93 people for allegedly laundering up to …
Xinhua Headlines: Institutional strengths emerge in China’s fight against COVID-19, economic slowdown
The key to China’s leading performance in both economic development and COVID-19 containment lies in the institutional strengths of the leadership of the Communist Party of China (CPC) and the country …
Apple moves manufacturing of iPhone 14 from China to India
Apple will move iPhone 14 production to India. This is a move that will take production from China amid tensions between the country and the US.
2nd “Jinbo” China-Europe freight train takes off from Hamburg to CIIE in Shanghai
The second “Jinbo” China-Europe freight train left the northern German city of Hamburg on Monday for Shanghai in China, carrying exhibits to the 5th China International Import Expo (CIIE). “Jinbo” is …
Leapmotor raises $800 Million in Hong Kong IPO
Leapmotor priced the offering at HK$48 per share, the bottom of its marketed range, said the people, who asked not to be identified as the information is private. The company marketed 131 million …
Gambling stocks jump as China eases COVID-19 precautions
With China loosening its COVID precautions, Macau will be able to allow tour groups, sending gambling stocks higher on Monday.
Former Head of Exim Bank’s Beijing Branch Kicked Out of Communist Party
She oversaw the policy bank’s shipping and transport-related financing between 2006 and 2012 before she was promoted to Shanghai branch head. Li became head of the Beijing branch in 2019.
China’s soybean imports from Brazil plunge in August – customs
China’s soybean imports from Brazil plunged in August from a year ago, customs data showed on Tuesday, as high prices capped purchases of the oilseed from the South American nation.
Fact Check: Does Video Show ‘Blast in Beijing’ Amid China’s Xi Coup Rumors?
Dramatic footage of huge explosions were linked to unverified rumors of a coup in China, but where and when did it really happen?
Rocket doubleheader: China launches 2 satellite missions 40 hours apart (video)
China just launched two missions less than 40 hours apart, sending three satellites to Earth orbit. The action began on Saturday (Sept. 24) at 6:55 p.m. EDT (2255 GMT; 6:55 a.m. Beijing time on Sept.
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