Public securities lawyer Penick said that the SEC’s handling of Shein’s IPO will be crucial for other e-commerce players including ByteDance’s TikTok and PDD Group’s Temu, which may consider going …
Monthly Archives For November 2023
How China’s lottery boom reflects a ‘long and challenging road’ to its economic recovery
Shifting consumption habits among Chinese consumers show how their risk appetites are changing, and many are willing to spend a small amount on the slim chance of a life-changing payout China’s …
China’s surge in respiratory cases: A prelude to another pandemic?
Northern China is witnessing a rapid increase in respiratory cases … leading to speculation about a potential new pandemic threat, four years after Covid-19 first emerged in the country. Since mid-October, the country has reported…
Shenzhen, Zhongshan connected by ‘most comprehensive’ crossing
The main line of the Shenzhen-Zhongshan Link, a mega cross-sea passage in the Guangdong-Hong Kong-Macao Greater Bay Area, has been fully connected after completion of the last part of the caisson …
Shein’s IPO raises fresh questions on alleged forced labour in its supply chain
Founded in 2012, Shein has been eyeing a US IPO for at least three years but has been deterred by headwinds that included tensions between Beijing and Washington. The online fast-fashion retailer, …
‘Unexplained Pneumonia’ in China: A Potential Warning for the US?
Share with friendsChina is currently grappling with a surge in respiratory illnesses, a phenomenon that has caught the watchful eye of the World Health Organization. The question on everyone’s mind: Should we in the U.
Hang Seng Index, ASX 200, Nikkei 225: Fed Rate Path Bets and Beijing to Dictate Trends
Beyond the numbers, investors should monitor central bank chatter and stimulus commentary from Beijing. In the Asian futures, the ASX 200 was up 15 points, while the Nikkei was down 80 points on Wednesday. The…
Analysis-Debt-laden China’s local governments scramble to rescue small banks with $21 billion in special bonds
Local governments in China have sold record amounts of so-called special bonds this year to inject capital into struggling smaller banks, as authorities seek to contain spillover risks from a …
What’s Causing the Mysterious Wave of Childhood Pneumonia in China?
A surge in respiratory disease in China appears to be caused by known pathogens, but the pattern of infections is still unusual
China’s Meituan Launches $1 Billion Share Buyback Program
(Reuters) – Chinese food delivery giant Meituan on Wednesday confirmed it had authorised a share buyback of up to $1 billion in value, a day after its chief executive expressed the board’s intention to do…
How concerning is the spike in respiratory illnesses in China? A doctor explains
Hospitals in China have reported a surge of children with respiratory illnesses. What precautions, if any, should governments, health systems, and individuals take?
Mine accidents surge in China’s top coal province as producers raise output
The death toll from coal mining accidents in China’s top coal producing region has surged to 100 people so far this year, according to a notice issued by China’s cabinet on Monday that said safety…
China aims to shine in space-based solar power tech
A space-based facility will be able to harness sunlight around the clock without being affected by factors such as the atmosphere and weather, potentially yielding eight times more power than solar …
