Now that Xi has tightened control, here are eight of the many more reasons to fear China. Xi gave Putin the nod to invade Ukraine and continues to buy Russian oil. The China-Russia relationship is…
Monthly Archives For October 2022
China’s richest people lost about $13 billion in just one day due to a market sell-off after President Xi Jinping secured a third term
The evaporation in wealth came as investors fear President Xi Jinping’s top-down management of the economy will continue to weigh on the economy.
China’s CMES taps robust car carrier market for growth
As China moves to control more of its supply chains, state-owned firm switches domestic car carriers to international trade …
China’s Giant Biogene slashes Hong Kong IPO size, valuation -sources
China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply lower than its original target of $500…
China shares slide in US as Xi starts historic third term
Shares of Chinese firms listed in the US have slumped on concerns that President Xi Jinping will continue with his ideology-driven approach at the cost of economic growth. Chinese technology giants …
China Unicom and Huawei Jointly Scoop the Enterprise 5G Leadership Award at the 5G World Summit
At the 19th 5G World Summit hosted by Informal Tech, China Unicom and Huawei jointly scooped the Enterprise 5G Leadership Award of private 5G networks.
Alibaba’s Alipay is Winning the Mobile Payments Game in China
Mobile payments are growing even faster in China than in the U.S., and Alibaba’s financial arm Ant Financial is leading the way with Alipay. Mobile payments are growing even faster in China than …
China makes it easier for firms to borrow from overseas as yuan drops
China’s central bank and foreign exchange regulator on Tuesday raised the cross-border macro prudential adjustment ratio for corporates and financial institutions, making it easier for domestic firms …
China to promote foreign investment in manufacturing
China said on Tuesday it will promote foreign investment with a focus on manufacturing industries, after President Xi Jinping called in China to “win the battle” in core technologies during the …
China’s Giant Biogene slashes Hong Kong IPO size – sources
China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply lower than its original target of $500…
China reports 1,267 new Covid-19 cases for Oct 24 vs 1,076 a day earlier
China reported 1,267 new Covid-19 infections on Oct. 24, of which 246 were symptomatic and 1,021 were asymptomatic, the National Health Commission said on Tuesday.
US Analyst Says Beijing Is ‘Pyongyang-Like’ Under China’s Covid Zero
China’s extreme border controls for the past three years have made getting into the country for foreigners nearly impossible, making US-based analyst Scott Kennedy’s recent trip there all the more …
Australian Wine Exports Slump 11% as China Tariffs Crimp Demand
China tariffs, global freight snarls and changing consumer habits during the pandemic have caused an 11% slump in the value of Australian wine exports in the year to Sept. 30.
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