In line with the document priority avenues of Belarus-China cooperation include the expansion of mutual direct investments, the creation of joint high-tech innovative manufacturing enterprises, the …
Monthly Archives For September 2022
ByteDance to buy back US$3 bil in shares after IPO stalls
The Beijing-based company, parent of the hit TikTok video app, informed shareholders of the plan Friday via email.
Beijing to sanction US CEOs to protect ‘China’s sovereignty’. All you need to know
The Chinese government is planning to impose sanctions on Raytheon Technologies Corporation’s Gregory Hayes and Boeing Defense, Space, and Security’s Ted Colbert …
Writers and Sinologists feel Beijing culture in walking tour
Chen Ning, Party secretary and executive vice-president of the Beijing Federation of Literary and Art Circles said the activity aims to provide opportunities for overseas Sinologists to experience …
China’s Xi calls for effort to prevent ‘color revolutions’
Chinese President Xi Jinping warned his Central Asian neighbors in a speech Friday against allowing outsiders to destabilize them with “color revolutions,” a Russian state news agency reported, …
Top China Official Wants High-Tech Cooperation With S. Korea
China’s top legislator has called for cooperation with South Korea in advanced technology and supply chains, as he met South Korean officials amid concerns that their moves to solidify a military …
China’s Downturn Moderates, Though Property Woes Linger
China’s economy showed modest signs of improvement in August as stimulus measures kicked in, though renewed Covid-19 curbs and a worsening property downturn continue to damp the outlook.
China’s Jan-Aug revenue from govt land sales down 28.5% year/year
China’s government land sales revenue for January to August shrank 28.5 per cent from the same period last year to 3.37 trillion yuan ($480 billion), narrowing from the 31.7 per cent slump recorded as …
China Budget Deficit Keeps Widening Under Covid, Property Crisis
China’s broad fiscal deficit widened to a fresh record in the first eight months of the year as land sales continued to drop while efforts to contain Covid outbreaks added to the spending burden.
Funded by China, Sri Lanka’s Colombo Lotus Tower declared open for public
The Lotus Tower of Colombo which is funded by China and constructed under its Belt and Road Initiative BRI was declared open to the public on Thursday …
TikTok parent to buy back €3 billion in shares as IPO plans stall
TikTok owner ByteDance is offering to buy back as much as $3 billion (€3 billion) of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash…
ByteDance to Buy Back $3 Billion in Shares After IPO Stalls
ByteDance Ltd. is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after plans…
Invesco raises $5.4 billion in China investments in first half; flags economic risks
U.S. asset manager Invesco’s Chinese joint venture withstood a volatile first half and attracted $5.4 billion from local investors, but the country’s persistent zero-COVID policy poses a threat to the …