In other news – for the first time ever, Chinese carmakers sold more autos globally than their U.S. counterparts. According to a report by JATO Dynamics, Chinese brands sold 13.4 million new vehicles …
Monthly Archives For June 2024
NIP Group Eyes IPO Amid Rising Revenues And Escalating Losses
NIP Group is growing revenue but also operating losses and faces operating and regulatory risks in China. Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More » …
Xi Jinping Gave ‘His Word’ China Won’t Give Russia Weapons: Zelensky
Ukrainian President Volodymyr Zelensky said Chinese President Xi Jinping vowed not to provide Russia with weapons in the ongoing Russia-Ukraine war.
China: Robot arms recover relics from Ming dynasty’s shipwreck
Chinese archaeologists have recovered a treasure trove of artifacts from two ancient shipwrecks in the South China Sea. The experts used modern technology, such as robotic arms, to retrieve the …
Huawei and China Unicom Guangdong Ran the First 5.5G Trial of a Live Stream from China’s countryside
GUANGZHOU, China, June 14, 2024 /PRNewswire/ — Huawei, China Unicom Guangdong, and the Zengcheng Agriculture and Rural Affairs Bureau jointly held today the Lychee Live Streaming Festival themed “A …
Nasdaq expects more China IPOs despite regulatory logjam
NEW YORK/HONG KONG — More Chinese companies are expected to go public this year in the U.S. even as ties between Washington and Beijing remain strained and strict crossborder listing rules have …
U.S. ran secret anti-vaccine campaign to undermine China during pandemic
The clandestine operation aimed to sow doubt about the safety and efficacy of vaccines and other life-saving aid that was being supplied by China.
China’s record heat and heavy rain raise food security concerns
China is grappling with extreme weather as severe drought and record temperatures scorch the north while heavy rains inundate the south, raising concerns about food security in the world’s second-largest economy.
Philippine Military Chief Urges Fishermen to Ignore China’s New Coastguard Rules
China, which claims almost all of the South China Sea including parts claimed by the Philippines, Brunei, Malaysia, Taiwan and Vietnam, has issued new rules that would enforce a 2021 law allowing its coastguard to…
Beijing state-owned fund to buy Credit Suisse China unit; Visa, Mastercard US antitrust settlement faces rejection
UBS is reportedly in advanced talks to sell Credit Suisse’s China securities unit to a Beijing state-owned fund, sidelining Ken Griffin’s Citadel Securities, which has also made a bid for the company.
G7 vows action against ‘unfair’ China business practices
Leaders of the Group of Seven vowed on Friday to tackle what they called unfair business practices by China that were undermining their workers and industries, according to a draft statement on the …
G7 vows action against ‘unfair’ China business practices
Leaders of the Group of Seven vowed on Friday to tackle what they called unfair business practices by China that were undermining their workers and industries, according to a draft statement on the …
G7 vows to counter China’s ‘unfair’ business practices, puts financial institutions on notice
Draft statement from summit in Italy stresses G7 not trying to harm China or thwart its economic development but aims ‘to level the playing field’.