Former Sevilla and Espanyol boss Pablo Machin will not take up the head coaching job at Qingdao Huanghai in China after one of his relatives caught the coronavirus, a report said Thursday. The 45-year ……
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China Pushes for Blockchain Dominance But Will the World Trust It?
Despite Washington’s pushback against China’s ambition to lead the world in building emerging technologies such as 5G, Beijing next month will launch a global effort in developing blockchain, a … ( read original story …)
Huawei Overtakes Samsung as Top Handset Maker Thanks to Robust China Sales
China’s Huawei Technologies snatched the title of biggest smartphone seller from Samsung Electronics in the second quarter, underscoring the resilience of the China market even as global demand for … ( read original story …)
Chinese Electric SUV Maker Li Auto Raises $1.1 Billion in IPO
Chinese carmaker Li Auto Inc. raised $1.1 billion in an above-range U.S. initial public offering, adding to the market focus on electric-vehicle companies, according to terms of the deal reviewed by … ( read original…
China’s central bank injects 50 bln yuan into market
BEIJING, July 30 (Xinhua) — China’s central bank Thursday pumped cash into the banking system via reverse repos to maintain liquidity. The People’s Bank of China injected 50 billion yuan (about 7.15 … ( read…
Huawei overtakes Samsung to be No. 1 smartphone player in the world thanks to China as overseas sales drop
Huawei became the biggest smartphone player in the world in the second quarter for the first time with the majority of sales coming from China as its international business suffers due to U.S. ( read…
Li Auto to raise US$1.1 billion on Nasdaq as electric vehicle maker launches biggest IPO by a Chinese company in the US this year
The Chinese EV start-up is set to raise US$1.1 billion, the largest US IPO so far this year by a Chinese company Li Auto, a Chinese electric vehicle maker backed by China’s online services delivery…
China central bank to conduct 5 bln yuan bill swaps on Thursday
China’s central bank said it will conduct a bill swap operation on Thursday to support the issuance and liquidity of perpetual bonds issued by banks to replenish capital. The bill swaps, with a … (…
RPT-FOCUS-China’s Hengli makes bold $20 bln bet to spin coal into fabric
What to do with China’s abundant stock of coal? Chemical giant Hengli plans to make clothes out of it. It may sound like something from ancient alchemy, but the privately-owned Chinese company surpris … (…
CSCEC Finance (Cayman) II Limited — Moody’s affirms China State Construction Engineering Corp’s A2 ratings; outlook stable
Moody’s Investors Service has affirmed the A2 issuer rating of China State Construction Engineering Corp Ltd (CSCECL) and the A2 senior unsecured ratings on the debt issued by CSCEC Finance (Cayman) I … ( read…
China needs “explosive” buying to meet U.S. farm import target
With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but it’s looking like a big, big stretch. (…
China Stock Market Draws Another Green Light For Thursday’s Trade
The China stock market has climbed higher in three straight sessions, advancing almost 100 points or 3.1 percent along the way. The … ( read original story …)
Mainland China reports 105 new coronavirus cases, including 96 in Xinjiang
China reported 105 new coronavirus cases in the mainland for July 29, up from 101 cases a day earlier, the health commission said on Thursday. ( read original story …)
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