Chinese government entities are set to take so-called “golden shares” in units of Alibaba Group Holding Ltd. and Tencent Holdings Ltd., suggesting Beijing is moving to ensure greater control over key …
Monthly Archives For January 2023
Exclusive: China to allow Didi apps back online, in latest sign of regulatory thaw
Didi has been awaiting authorities’ approval to resume new user registrations and downloads of its 25 banned apps in China as a key step to resume normal business since its regulatory troubles started …
China Focus: International brands tap into “Year of Rabbit”
As the Chinese Lunar New Year approaches, many international brands have launched limited-edition products to welcome the Year of the Rabbit and embrace the massive Chinese market. Most of the limited …
China gaming phone maker Black Shark lays off hundreds of workers and fails to pay full severance, according to reports
Some of the laid-off workers from Black Shark have turned to Weibo to vent their anger about reduced severance payments.
Analysis-China’s Rapid Reopening Brings Joy and Woe for World Markets
The rapid reopening of China’s economy from COVID lockdowns is brightening the outlook for global investors keen to leave behind one of their worst years on record, but may also fuel the inflationary …
Boeing 737 Max 8 takes off in China for the first time since 2019
A Boeing 737 Max 8 took off in China on Friday, for the first time since the government grounded all 737 Max 8 planes in 2019, according to the flight tracking website, Flightradar24.
China to allow Didi apps back online, in latest sign of regulatory thaw, sources say
Didi has been awaiting authorities’ approval to resume new user registrations and downloads of its 25 banned apps as a key step to resume normal business.
Wanda Raises $400 Million in Dollar Bonds in Milestone for China Property Sector
Dalian Wanda Commercial Management raised $400 million in a U.S. dollar bond, a term sheet seen by Reuters showed, in the first publicly sold dollar bond by a Chinese property-related firm since late …
Exclusive-China to allow Didi apps back online, in latest sign of regulatory thaw-sources
By Julie Zhu, Kevin Huang and Jing Xu (Reuters) -Chinese authorities are set to allow Didi Global’s ride-hailing and other apps back on domestic app stores as soon as next week, five sources told …
China’s urban-rural ‘dual economic structure’ fueling inequality, says ex-finance minister
Outspoken former finance minister Lou Jiwei says policymakers need to bring a reformist mindset to land, welfare and tax, while easing market concern that the wealthy will be targeted to narrow the …
China imports, exports plunge in December: customs
China’s exports in December fell at their fastest pace since 2020, according to official data Friday, owing to a drop in global demand and after health restrictions hit economic activity at …
Coronavirus wave could continue for three months, warns China CDC veteran
The spread of the virus through rural areas is set to amplify the information vacuum within China that’s sparked fears the true impact of the outbreak isn’t been revealed …
Who is comfortable with new govt?: China, India, or both?
Immediately after the Prachanda-led government was formed, China opened its border town of Kerung with Nepal that had been closed for nearly three years due to the corona pandemic.
