Footage shows branches of Chinese bubble tea giant Mixue – which has become the world’s fourth-largest franchise amid plans for an IPO this year. The retailer – which started as a single market stall …
Monthly Archives For March 2024
Banks Balk at China Vanke Loan Terms in Hurdle for State Support
China Vanke Co. is facing resistance from the nation’s two largest banks on a new HK$4.5 billion ($575 million) offshore loan, according to people familiar with the matter, in a major test of state …
China Should Relax Filing System to Boost HK IPOs, SFC Chief Says
Besides IPO-hopefuls, China could zoom in on investors during the year of the 10th anniversary of the launch of the Stock Connect between the mainland and Hong Kong. Going forward, regulators could …
On This Day: China’s legislature gets rid of presidential term limits
In 2018, China’s legislature nearly unanimously endorsed a change to the Constitution formally removing term limits to enable Xi Jinping to stay on as president for life.
China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs
Shandong Province offers entrepreneurs digital yuan loans, indicating the push for digital economy amidst discussions on legal frameworks.
China is teaching the likes of Apple and Tesla a very painful business lesson
There’s a new reality for American companies trying to do business in China, and it’s only going to get tougher.
US Ally Scrambles Fighter Jets Against China’s Sea Spy Plane
The KQ-200 was built by China’s state-owned Shaanxi Aircraft Corporation and is flown by the People’s Liberation Army ‘s Naval Air Force. It was made for anti-submarine warfare and is distinguished …
China property crisis: Minister says ‘seriously insolvent’ firms must go bankrupt
Chinese real estate companies that are “seriously insolvent and have lost their operating capabilities” must go bankrupt and reorganize, the country’s housing minister said during a press conference.
China Begins Testing AI Chatbot for Brain Surgeons in Hospitals
China is testing an AI assistant for neurosurgeons at seven hospitals in Beijing and other cities in coming months, one of many initiatives the government is backing to try and harness the technology.
Exclusive-China asks large banks to support Vanke in rare intervention, sources say
HONG KONG/SHANGHAI/BEIJING (Reuters) -China has asked banks to enhance financing support for state-backed China Vanke and called on creditors to consider private debt maturity extension, in a rare …
China EV Makers Woo Buyers With In-Car Beds, Kitchens and Drones
In China, electric vehicles with built-in fridges and even in-car karaoke systems are considered passé. Instead, carmakers are turning to increasingly novel add-ons from beds to cooktops to boost …
Tesla Rivals In China Are Tempting Buyers With In-Car Beds, Kitchens And Drones Amid EV Industry Slowdown
Chinese electric vehicle (EV) manufacturers are introducing unconventional features … and that’s part of the reason why customers love e-cars these days.” “In the EV era, China is attempting to …
COVID-19 timeline: How the deadly virus and the world’s response have evolved over 4 years
Monday marks the 4-year anniversary of the World Health Organization declaring the COVID outbreak a pandemic. ABC News takes a look back at some of the key moments.
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