The yen bottomed at 145.07 per dollar in early Asia trade, its lowest in over seven months, and was headed for a quarterly loss of more than 8%.
Monthly Archives For June 2023
China’s FTZs deepen reforms to align with international standards
A citizen handles business at Shanghai’s Pilot Free Trade Zone Lingang Special Area in East China’s Shanghai, May 12, 2023. [Photo/Xinhua] BEIJING — China plans to deepen reforms in some eligible …
China’s Shein denies U.S. IPO rumors
Chinese fast fashion giant Shein denies a Reuters report that said it has filed for an initial public offering in the U.S.
China’s Biggest Online Travel Agency to Pay Employees 1 Billion Yuan to Have Kids
The company, one of the world’s largest online travel agencies, with 400 million users, said it would pay a parental cash subsidy of 10,000 yuan annually for five years for every child born to its…
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not to leave President Xi Jinping’s flagship global investment pact.Most Read from …
China Far Outranks the U.S in High-Speed Rail. Here’s Why.
China has some of the fastest – and busiest – trains in the world. But despite having some of the same technology, the U.S. has struggled to develop its own hig …
US targets China over semiconductors
U.S.-China tensions over semiconductors began with the Trump administration’s trade war and have ratcheted up under President Joe Biden’s leadership as Washington looks to undercut Beijing’s efforts …
China’s local government used fake property deals to boost revenue by $12 billion, says WSJ report
This new revelation shows that China’s real estate slump hit municipalities even harder than initially thought. With the fake sales included, local governments saw property-linked income decline by …
Telcos jump on 6G bandwagon
Gao Tongqing, deputy general manager of China Mobile, said on Thursday at the 2023 Mobile World Congress Shanghai — a telecom industry event — that now is a key time to identify crucial 6G …
China Mobile Forms Metaverse Industry Alliance With Huawei, Xiaomi, iFlytek, 20 Others at MWC
China’s biggest carrier China Mobile announced at this year’s Mobile World Conference that it formed a metaverse industry alliance with 23 other members. The alliance’s first 24 members include …
Exclusive: China’s Shein files for US IPO – sources
Shein, the Chinese online fashion retailer worth more than $60 billion that is under scrutiny from U.S. lawmakers over its labor practices, has registered with regulators for an initial public …
China fast fashion giant Shein said to have filed for US IPO
The company moved its headquarters to Singapore from Nanjing more than a year ago. Read more at straitstimes.com.
China’s online fashion retailer Shein files for US IPO: Report
The stock market debut could make Shein the most valuable Chinese company to go public in US since Didi Global listed in New York in 2021 …
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