China’s military said on Wednesday the aircraft carrier Shandong had returned to its home port in Hainan “in recent days”, after a month-long voyage that included transits around Taiwan for drills and …
Monthly Archives For May 2023
China and US debt woes may dominate G7 finance chiefs’ talks
China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who will seek to diversify supply chains away from the country — but also try to…
China’s Digital Yuan Remains A Curiosity
China’s Central Bank Digital Currency launched with significant fanfare, but the future remains anything but clear as circulation and usage lag.
China exports increase in April
Chinese exports grew 8.5% in April, customs data showed Tuesday, displaying unexpected strength despite weakening global demand.
US opens embassy in Tonga amid China’s increasing influence in Pacific islands
The United States opened an embassy in the Pacific island nation of Tonga on Tuesday, Washington’s latest move to broaden its diplomatic footprint in a region where China has been increasing its influence in recent…
China’s BYD launches lower-priced versions of Seal EV; aims to extend lead
BYD Co Ltd , launched on Wednesday five lower-priced versions of its Seal sedan, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world’s largest market for new-energy cars.
Chinese chipmaker plans IPO after clearing US curbs
The firm plans to steer clear of US curbs by using equipment that churns out more rudimentary chips, helping to shore up plans for a listing in Shanghai that will fund a “major expansion”, the…
Analysis: Investors’ route to post-COVID China is via Europe
Investors are getting more bang for their buck this year by buying European companies with a focus on China than buying Chinese companies themselves, a sign of the unevenness of China’s pandemic recovery and geopolitical…
India has the numbers, China still has more clout in sports
While India has overtaken China as the world’s most populous nation and has perhaps grandiose ambitions of becoming a major international player, it has a long way to go to match its Asian neighbor’s clout…
We remain constructive on China in the medium term, says Deutsche Bank
Stefanie Holtze-Jen of the investment bank says China’s travel recovery is coming from more than just pent-up demand from the pandemic.
Chinese ChatGPT rival Mobvoi picks banks for US$300 million Hong Kong IPO, sources say
Mobvoi, a Chinese artificial intelligence company and smart device maker has selected banks for a Hong Kong initial public offering that could raise about US$200 million to US$300 million, according …
ChatGPT-like Mobvoi said to have picked banks for US$300m HK IPO
Mobvoi, a Chinese artificial intelligence (AI) company and smart device maker, has selected banks for a Hong Kong initial public offering (IPO) that could raise about US$200 million to US$300 million …
China’s fresh COVID wave raises concern of trading volume slowdown
A fresh wave of COVID-19 is spreading through China as people return from public holiday travel, reaching trading floors and raising concern of an impact to trading volume – albeit likely not as …
