While China’s residential property prices were up almost a third in the first quarter of this year compared with a decade ago, according to data compiled by the Bank for International Settlements, …
Monthly Archives For November 2023
China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of woes for the $57 trillion sector.Most Read from BloombergBillions Wiped Out as …
One Year After Protests Shook China, Participants Ponder the Meaning of the Brief Flare of Defiance
The protests were a brief flare of defiance, the most direct challenge to the Communist Party’s authority in decades. For the young people who took part, it was their first protest. Now, many of them…
China’s fast-fashion retailer Shein files for US IPO – sources
By Kane Wu and Anirban Sen (Reuters) -China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.
China’s “mystery” outbreak likely a post-COVID surge of common winter germs
Chinese officials told the WHO that while there were no detections of unusual or novel pathogens, there was a general increase of infections from multiple known pathogens. They also acknowledged that hospitals and clinics are…
China’s hospitals are filling again, but don’t worry
Children are flooding hospitals now in the same way they did in the U.S. a year ago, infectious disease experts told POLITICO. China’s getting hit now, as virus season arrives, because it maintained Covid lockdowns…
Standard Chartered to Participate in Trials of China’s Digital Yuan CBDC – Here’s What You Need to Know
Standard Chartered will initiate exchange services for China’s CBDC, the digital yuan, as it is set to participate in the e-CNY trials.
Fast-fashion giant Shein could be next blockbuster IPO after filing to go public: report
The company was valued at more than $60 billion in May and is expected to become the most valuable China-founded company to go public in the United States since ride-hailing giant Didi …
West’s de-risking starts to bite China’s prospects
Li is expected to make a similar call on Tuesday at the country’s inaugural China International Supply Chain Expo, which it is expected to use to tout its supply chain advantages. “Foreign business …
Strange Spike of Child Pneumonia Cases in China Likely Not a Novel Pathogen, Officials Say
Local officials told the World Health Organization that the outbreaks are most likely a rebound of common germs.
Top 10 best China brands in 2023
Tencent, Alibaba and China Construction Bank remained ranked as the top three, with the value of 877.92 billion, 687.17 billion and 191.08 billion yuan, respectively. CATL, Mindray and Sinopharm Group …
Chinese Billionaire’s Down Jacket Producer Bosideng Sees Profit Rise 25% As Own-Brand Sales Climb
B osideng, the top China down jacket maker led by billionaire Gao Dekang, said on Monday sales and profit climbed in the six months to September, led by a boost in own-brand apparel purchases amid…
China-founded e-commerce fashion start-up Shein files for US IPO
Valued at more than US$60 billion, Shein is expected to become the most valuable China-founded company to go public in the US since DiDi Global’s debut in 2021 at US$68 billion valuation.
