UK’s largest stock market-listed firm weighs up HK or Shanghai listing to shield it from growing geopolitical tensions
Monthly Archives For June 2023
Explained: How China is slowly losing its position as the world’s factory
Cheap labour-intensive manufacturing firms largely drove China to become the largest exporter in the world for decades and made it a force to reckon with globally. But aging manufacturing hubs that re …
Lilium GmbH: Bao’an District of Shenzhen municipality and Lilium partner for eVTOL service in China
MoU signed is first step towards launching a safe and sustainable eVTOL service in China and the broader Asia-Pacific region, starting with the Greater Bay Area Lilium plans to open a regional headqua …
China seen cutting key lending benchmarks as economy slows
China is widely expected to cut key lending benchmarks on Tuesday in the first such easing in 10 months, a Reuters survey showed, as authorities seek to shore up a slowing recovery in the world’s…
N. Korea’s trade with China shrinks 5 pct on-month in May: data
North Korea’s trade with China dropped 5 percent on-month in May due to a sharp decline in Pyongyang’s exports, Chinese customs data showed Monday. North Korea’s trade volume with China stood at …
Alibaba founder Jack Ma gives first class as visiting professor at University of Tokyo as he retreats from tech empire
Days after his speech, Beijing called off the blockbuster IPO of his Ant Group, which was expected to be the largest stock offering in world history. The action marked the start of an unprecedented …
After Months of Cold Shoulder, China Welcomes Antony Blinken to Beijing
Chinese officials have painted the U.S. as most eager to meet but have their own reasons for detente.
Biden administration pushed by Dems, GOP to expand Trump-era deal to blunt Russia, China
The growing presence of U.S. adversaries in Africa sparks push to create alliances between key American ally Israel and African countries, and further expand the Abraham Accords.
Goldman Sachs cuts China growth forecast as property slowdown bites
Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as stronger-than-expected headwinds.
Does Chinese developers turning to offshore bonds for financing signal recovery for the battered property sector?
Chinese developers returned to the offshore market last month, but overall bond issuance for the year is down, and near-term recovery for the sector is unlikely, analysts say.
China Approves First Share Sale by Developer Since Ban Lifted
China’s securities watchdog approved an onshore share sale by a real estate developer for the first time since rules were eased late last year, raising hopes for the revival of a major fundraising …
China bankers told to shun flashy clothes, 5-star hotels in austerity drive
Financial professionals are among the highest-paid workers in communist China and their wealth and flashy lifestyles have often come under criticism from the public on social media as the economy …
Oil slides more than $1 on China growth uncertainties
Global oil prices fell more than $1 on Monday, backing off last week’s gains, as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas…
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