By Jiahui Huang China Yongda Automobiles’ net profit dropped sharply amid intensifying price cuts due to heated competition among carmakers in the …
Monthly Archives For March 2024
Mumbai Surpassed Beijing To Become Asia’s Billionaire Capital: In World’s Top Three
Gautam Adani, aged 61, leading the Adani Group energy conglomerate, witnessed a surge in wealth, amounting to USD 33 billion this year.
China further streamlines mobile payments for foreigners
China has reiterated its commitment to facilitating mobile payment for foreigners, a move that indicates its resolve to enhance high-level openness.This was …
Maharashtra man ‘tied, assaulted’ in China for refusing to work at call centre running crypto scam
A 23-year-old man from Thane returned from China, alleging he was forcibly detained and assaulted for declining to participate in fraudulent activities at a call centre. Identified as S C Yadav, the …
China sentences ex-soccer chief to life in prison in latest crackdown on sports corruption
The former head of China’s official soccer association has been sentenced to life in prison by a court in the central Chinese province of Hubei, in the latest crackdown on the country’s …
Mumbai overtakes Beijing as Asia’s billionaire capital for the very first time
In a historic first, Mumbai has dethroned Beijing as Asia’s billionaire capital, with a staggering 92 billionaires compared to Beijing’s dwindling 51 …
China Merchants Bank Gains on Dividend Surprise
China Merchants Bank’s shares rose after the lender surprised with a boost in its dividend ratio while annual earnings came in largely as expected.
Mumbai overtakes Beijing as Asia’s billionaire hub: Hurun report
Mumbai surpasses Beijing as Asia’s billionaire capital, India ranks third globally with 271 billionaires – Hurun Global Rich List 2024.
China’s ‘de-risking’ from West worsening EU’s industrial decline, experts say
China’s de-risking plus their lack of consumption is contributing to our deindustrialisation,” Alicia García-Herrero, a senior fellow at Bruegel think-tank, told Euractiv.
Why Are China’s Nationalists Attacking the Country’s Heroes?
Online vitriol has targeted the country’s richest man, erasing billions of dollars of his company’s market value, despite Beijing’s courtship of entrepreneurs.
China and US battle, quietly but fiercely, on yet another tech front: patent applications
UN data, Chinese inventors led in international patent applications for the second year running, posting some 14,000 more than the second-place US.
China hands down terms of life to 8 years for sports officials convicted of taking bribes
The former president of the Chinese Football Association has been sentenced to life in prison amid a wide-ranging crackdown on sports corruption.
Apple CEO Tim Cook woos China as part of big Asia pitch
Chief Executive Tim Cook wraps up a five-day visit to China, as part of the tech giant’s renewed Asia push, early this week to revive growth in the world’s biggest smartphone market — which also…
