Hovering in the background of all this concern are “scare charts” like those published in the Wall Street Journal showing how China has overtaken the U.S. as the largest trading partner for most …
Monthly Archives For November 2024
Trump Forces Colombia to Mull China for $40 Billion Climate Plan
Colombia is hurrying to land a deal with the US that would unlock the first tranches of cash for a $40 billion climate investment plan before Donald Trump takes office. If that push fails, then…
China’s ByteDance values itself at $300 bn despite a looming threat to its business, what’s the maths
Despite facing the threat of a possible ban in the US, TikTok’s Chinese parent company ByteDance has set its valuation at $300 billion, the highest seen to date, but what’s the reason behind it? Read…
Urbanus adds colourful rooftop additions to Shenzhen block
Architecture studio Urbanus renovated and combined five buildings in Shenzhen, China, adding colourful additions and circulation. Named Nantou Hybrid Building, the development unifies a cluster of …
Beijing pledges support for more Chinese listings, bond issues in Hong Kong
Beijing will support more high-quality enterprises from China to list and issue bonds in Hong Kong, China’s Vice Premier He Lifeng said on Tuesday, offering backing to the city at a time its future as…
China expected to leave benchmark lending rates unchanged on Wednesday
China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks’ profitability and the yuan comes under fresh …
Car crashes into people outside primary school in central China: state media
Multiple students were injured after a car crashed into people outside a primary school in central China Tuesday morning, Chinese state new agency Xinhua reported.
HKEX CEO sees IPO pipeline ‘looking really good’ for Hong Kong after China signals support
Bonnie Chan, CEO of Hong Kong Exchange and Clearing, says that there is increasing interest to list in Hong Kong after China’s securities regulator said in April that it will support the listing of …
Market veteran Howard Marks cautions that China’s economic growth target is a ‘Herculean challenge’
Veteran investor Howard Marks said he was hopeful about China’s economy, but cautioned that the country’s growth target was a monumental challenge. “I’m still optimistic on China’s long term …
More than 40 Hong Kong democracy leaders sentenced to lengthy jail terms as Beijing tightens grip
More than 40 of Hong Kong’s best known pro-democracy figures have been sentenced to prison terms of up to 10 years on subversion charges, in the biggest single blow to the city’s already shrinking political…
China is doubling down on Latin America ties to bolster influence and trade, experts say
China President Xi Jinping last week inaugurated a $3.5 billion megaport, majority-owned by China state shipping company Cosco, during a trip to Peru.
BYD to overtake Volkswagen ventures as China’s top producer
HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China’s biggest carmaker in 2024 after outselling the German company’s joint venture units in the first 10 …
Several students injured by vehicle collision outside primary school in China’s Changde
Multiple students were injured in a vehicle collision outside a primary school in Changde in Central China’s Hunan province on Tuesday morning, Global Times said in a tweet.