China’s evolving innovation and fast development in smart cabins is a combination of factors that are hard to replicate in other parts of the world, said Guo Gang, a professor at the College of …
Monthly Archives For October 2024
China Resources Beverage IPO prices at top end of range, valuing firm at US$4.39 billion
The initial public offering (IPO) of packaged water company China Resources Beverage (CR Beverage) priced at the top of its expected range, setting it up to raise as much as HK$5.04 billion (US$650 …
China growth could slow to 4.5% in 2025, says economist
Erica Tay of Maybank Investment Banking Group lays out the reasons why China’s economic growth could slow to 4.5% next year, citing potential setbacks including trade restrictions and expectations for …
MetLife in talks to buy PineBridge’s ex-China assets for $1 billion-$1.5 billion, Bloomberg News reports
New York-based insurer MetLife Inc is in advanced talks to buy PineBridge Investments’ assets outside of China in a deal that could be valued at $1 billion to $1.5 billion, Bloomberg News reported on …
Tesla, Intel, deny they’re the foreign company China just accused of making maps that threaten national security
Tesla has denied it was involved in illegal-map making activities in China after Beijing asserted an unnamed foreign firm working on a smart car project had done so – and even stolen state secrets –…
Asia’s largest Gifts & Home Fair opens today in Shenzhen
The 32nd China International Gifts and Home Products Fair commences today with an impressive exhibiting area of 260,000 square meters.
US and Canadian warships transit the Taiwan Strait a week after Beijing’s war games
U.S. and Canadian warships sailed through the disputed Taiwan Strait on Sunday, almost a week after China held massive war games around Taiwan, which Beijing claims as its own territory …
Saudi Aramco CEO ‘fairly bullish’ on China oil demand
Saudi Aramco is “fairly bullish” on China’s oil demand especially in light of the government’s stimulus package which aims to boost growth, the head of the state-owned oil giant said on Monday. “We …
China cuts benchmark lending rates by 25 basis points
The move was expected. China’s central bank governor indicated last week that the loan prime rates would be lowered.
China’s central bank cuts two key rates to boost economy
China’s central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world’s second-largest economy. The …
China slashes key lending rates to bolster ailing economy
Beijing looks to boost sluggish spending in the world’s second-largest economy. Read more at straitstimes.com.
China slashes key lending rates to bolster ailing economy
Beijing looks to boost sluggish spending in the world’s second-largest economy. Read more at straitstimes.com.
Beijing urges HSBC to keep backing mainland China and Hong Kong’s development push
Xia Baolong, Beijing’s point man on Hong Kong affairs, issues call in meeting with HSBC Group chairman Mark Tucker in nation’s capital Beijing’s point man on Hong Kong affairs has met HSBC Group …
