China’s southern technology hub Shenzhen has rolled out plans for a big expansion of car exports, a plan that is likely to fuel western fears about rising Chinese competition for domestic …
Monthly Archives For February 2024
Hong Kong’s Hottest New Store Is the Costco in Shenzhen
Tiny apartments and limited space aren’t stopping thousands of Hong Kong residents from embarking on discount shopping trips to mainland China.
China’s embattled former foreign minister steps down as member of the legislature
China’s former foreign minister, Qin Gang, who has been missing from public view since last June, has resigned as a delegate to the country’s top legislature, state media reported Tuesday …
China Responds to Damning Study About Environmental Damage
“Why are they so obsessed with harping on the same string?” a Chinese embassy spokesperson said of a report on environmental damage in the South China Sea.
Australian-born editor of Vogue China to step down
Margaret Zhang announced that she is stepping down just three years after becoming the youngest person to lead any of the fashion bible’s 28 editions.
Global Times: Now it’s time to phase in market-oriented, law-based, internationalized oversight system to guide China’s stock market growth: scholar
There is a consensus among Chinese regulators over the need to ratchet up the confidence of market participants to draw further investment to the equities market.
HTX Withdraws Hong Kong Crypto License Application amid Regulatory Scrutiny
HTX, a leading technology company, is said to have withdrawn its application for an operational license in Hong Kong.
Shein is considering moving its massive IPO from New York to London amid scrutiny over its supply chains and ties to China
Shein, which was founded in China but is now based in Singapore, was seeking a valuation of $80 billion to $90 billion, per Bloomberg.
US allows China to boost passenger flights to 50 per week as summer travel season nears
The DOT said it was in talks with the Civil Aviation Administration of China (CAAC) about a “gradual” reopening of bilateral air services. Those services plunged following the emergence of Covid-19 in …
Soaring Japanese equities offer investors cozy distance from troubled China
By Brigid RileyTOKYO (Reuters) -As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it …
China’s Ousted Foreign Minister Qin Gang Steps Down as Lawmaker
China’s shortest-serving Foreign Minister Qin Gang has officially stepped down from the country’s top legislative body, months after he was removed from his position and hasn’t been seen in public …
HTX, formerly Huobi, withdraws Hong Kong crypto licence application three days after submission
The withdrawal is a dramatic retreat for the world’s fifth-largest crypto exchange, which had hoped to win customers in Hong Kong after exiting the mainland market.
China’s Consumer Startups Fight for Survival as Demand Falters
China’s economic malaise is taking down some of its rising consumer startup stars, which had been hyped as the country’s replacement for Western brands from Coca-Cola Co. to Haagen Dazs Co.
