China continues to support Sri Lanka amidst economic crisis, focusing on debt restructuring and joint infrastructure projects.
Monthly Archives For March 2024
Why Crypto Mining Stocks Blasted Higher This Week
Although the prices of crypto mining stocks and cryptocurrencies don’t always move in harmony, generally speaking, if cryptos are doing well so are the miners.
Unlocking Potential: Exploring the Chain Abstraction Strategy as Foundation for Crypto’s Growth
Continue reading Polosukhin’s emphasis on blockchain abstraction reflects a strategic shift within the blockchain industry, moving away from technical intricacies towards user-centric design …
China developer Wanda sells 60% of mall unit in $8.3 bln deal
A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda’s mall unit.
China-Made Vehicles to Account for 25% of Europe’s EV Sales This Year
China’s electric vehicle (EV) presence in the European market is poised for significant expansion this year, as revealed by a recent policy analysis. Despite challenges, including concerns over …
China developer Wanda sells 60% of mall unit in $8.3 billion deal
A group of investors led by private equity firm PAG on Saturday announced an investment of $8.3 billion for a 60% stake in Chinese property giant Dalian Wanda’s mall unit. Dalian Wanda will retain 40%…
China reaffirms financial support for crisis-hit Sri Lanka
China has said that it would continue to support Sri Lanka, as the crisis-hit island nation’s prime minister on Saturday wrapped up a visit to Beijing to try to finalise a debt restructuring …
The big name brands ploughing billions into China
But plenty of big names are bucking the trend. Read on to discover the major Western brands buying into the People’s Republic right now. All dollar amounts in US dollars. Initially drawing back from …
Old Xi Jinping speech sparks China monetary easing speculation
A sentence from a months-old speech by Chinese President Xi Jinping has sparked speculation the central bank might start aggressively buying government bonds to support the economy, a stimulus measure …
U.S. updates export curbs on AI chips and tools to China
The Biden administration on Friday revised rules aimed at making it harder for China to access U.S. artificial intelligence (AI) chips and chipmaking tools, part of an effort to hobble Beijing’s …
Syngenta withdraws Shanghai IPO application, will restart process in China or elsewhere ‘when the conditions are right’
Swiss agrichemicals and seeds giant Syngenta Group has withdrawn its application for a listing in Shanghai amid China’s slowing equities market, dashing hopes for one of the largest share sales this …
China Market Update: Xiaomi Roars Quietly Into EVs, China Corporates & Regulators Visit NYC, Week In Review
The Asian markets that were not closed for Good Friday ended the month and quarter higher on understandably light volume.
No wallets in Shenzhen? Hong Kong civil servants back from exchange share expertise, lessons from mainland counterparts
Exchange programme gives officials insights into nation’s policy direction, development trends, history and culture Group of 10 officers spent three months attached to mainland agencies, taking part …
