Residents in Beijing’s six central districts have increasingly embraced slower means of transportation, the Beijing Municipal Commission of Transport has found. In 2022, 49 percent of the trips made …
Monthly Archives For April 2023
US-China Tensions Amplify Global Trade Shifts, Shipping CEO Says
Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway reshaping of global trade, according …
Analysis-China rebound buoys hopes for stronger-than-expected US, Europe earnings
A big splurge in spending in China after Beijing lifted COVID-19 lockdowns will help cushion quarterly results of the world’s biggest companies, investors say, even as forecasts suggest the United …
Shenzhen Fashion Week starts in Luohu
The opening ceremony of A/W 2023 Shenzhen Fashion Week in Luohu and the Showboom Art Festival kicked off on April 15. A series of fashion-related activities are being held throughout the event to …
China’s new private pension scheme draws $2.9bn in contributions
Contributions to China’s fledgling private pension accounts have reached about 20 billion yuan ($2.9 billion) since their inception in November, with just under 70% of the funds invested, Caixin has …
US-China Tensions: What a new Cold War means for central banks
It will require not just setting borrowing costs, but anticipating long-term ramifications of fractured supply lines. Central bankers will need to get used to aligning their stances even more closely …
U.S. IPO Weekly Recap: IPO Market Has A Full Week Of Small Deals, Led By Chinese Issuers
Six small deals began trading this past week, five of which met the criteria for our IPO stats. Ares Acquisition II raised $450M in the first blank check IPO of the second quarter.
Yellen lays out economic war against China
In pursuit of its objectives the US has imposed a range of sanctions aimed at crippling the development of hi-tech development in China on the grounds that this affects national security …
China makes major push in its ambitious digital yuan project
Public sector workers in an eastern Chinese city are set to be paid fully in digital yuan, as the country makes a significant push to popularize the currency.
Australia Needs to Overhaul Its Defense, Government Review Reveals as China Rises
Prime Minister Anthony Albanese said his government commissioned the review to assess whether Australia had the necessary defense capability, posture and preparedness to defend itself in the current s …
Exclusive-Tesla readies export of Model Y to Canada from China – source, memo
Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person…
EXPLAINER: Can China’s new offshore listing rules revive Hong kong’s IPO scene?
After a prolonged period of draconian anti-pandemic curbs and regulatory crackdowns whipsawed China’s capital markets, the world’s second-largest economy is pulling out all the stops to calm market …
Column-China talks down already weakening iron ore amid cloudy outlook: Russell
The spot price of iron ore tumbled to a four-month low as Beijing once again talked down the key steel raw material, but as usual the question is whether the intervention will lead to sustained…
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