Chinese authorities have detained five local staffers at the due diligence firm Mintz Group and shuttered its Beijing office. It is unclear why the US company was raided, but it said it has not …
Monthly Archives For March 2023
‘No line to be drawn’ in tech war with China, says former Commerce Department BIS official
Though the latest technology war between the US and China has long been underpinned by military and defense considerations, on the forefront one finds the US Department of Commerce, specifically the …
U.S. Navy denies China’s claim that it drove away destroyer
The U.S. Navy hit back at the Chinese military over a claim it drove off a destroyer sailing in the South China Sea, the latest in a series of disputes between the nations.
Ghana’s finance ministry: expects financing assurances ‘very soon’ amid China visit
REUTERS/Cooper Inveen BEIJING/ACCRA, March 24 (Reuters) – Ghana’s finance ministry said on Friday after meetings it held in China that it expected to secure financing assurances “very soon”. Ghana …
CGTN: How China continues optimizing its COVID-19 response amid other outbreaks
BEIJING, March 24, 2023 /CNW/ — China has entered a new phase of epidemic prevention and control after it downgraded the management of COVID-19 response into Class B infectious diseases. “The overall …
How brands can better navigate the 2023 e-commerce landscape in China
With Douyin and Pinduoduo shifting towards mature e-commerce models and WeChat bursting into the scene, companies looking to up their e-commerce game in China need a diverse set of strategies.
UPDATE 3-Syngenta’s $9.5 bln IPO moves closer with Shanghai bourse hearing
After Syngenta passes the hearing, the IPO will still require registration with the China Securities Regulatory Commission. The company aims to launch the offering in June, two sources said, with one …
China Evergrande unveils restructuring plan for at least US$19.15 billion of offshore debt
and to resume business operations and generate cash flows for debt repayment. The Shenzhen-based home builder, once the largest property developer in China, ignited concerns regarding its financial …
US Vice President Harris to address China’s influence and debt distress in Africa visit
although he added that the U.S. has “real concerns about some of China’s behavior in Africa” and its “opaque” business dealings. Harris will be in Ghana from March 26-29, then in Tanzania from March …
Asian company earnings cut on China, global slowdown worries
Some analysts expect China’s recovery may not be enough to offset headwinds … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news …
US bans funds for companies doing business with China
The US Commerce Department has proposed new laws to prevent China and other countries from using US semiconductor manufacturing and research funding worth 52 billion …
China agrees to resume imports of Brazilian beef, authorises four new plants
Efforts by the Brazilian government to lift a month-long ban on beef exports to China paid off on Thursday, as Beijing agreed to resume imports while also approving four new beef-packers based in …
U.S. Due Diligence Firm Says China Detained Its Employees
By Keith Bradsher Reporting from Beijing The authorities in China have raided the Beijing office of the … Peter Humphrey, and his wife and business partner, Yu Yingzeng, an American. They had …