By Karen Freifeld WASHINGTON, July 31 (Reuters) – The United States on Friday banned imports from 43 more companies over alleged human rights abuses of the Uyghurs, including Hunan Aihua Group, one of …
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China May Be Increasing Its Demand for Oil Imports
China cut its oil imports by a third and stopped exporting refined products from its refineries, instead using some of its enormous oil reserves. Its huge oil reserves have barely been tapped so far, …
Chipmaker CXMT’s 466% market debut surge makes it the most valuable China-listed company
The Hefei-based company raised 57.92 billion yuan ($8.6 billion) after pricing its IPO at 8.66 yuan per share.
How Big Is Tesla’s China Business, Anyway?
Some Tesla executives have been told to prepare for a separation of the automaker’s China business ahead of a potential merger with SpaceX, the Journal reports. The China business brought in $8.86 billion of sales…
Musk dismisses report of Tesla’s potential China business sale
July 30 (Reuters) – Elon Musk dismissed as “fake news” a report that executives at his electric vehicle company Tesla have been told to prepare for a separation of its China business ahead of a…
China’s CIPS will become settlement norm in Mongolia within 2 years, Golomt Bank says
Six months after Golomt adopted the technology, 96 per cent of yuan payments moved from Swift to China’s payment system, the bank says China’s cross-border payment system is reshaping how Mongolian …
After a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?
Analysts said memory chips are China’s most realistic opportunity to narrow the semiconductor gap. Read more at straitstimes.com. Read more at straitstimes.com.
Fast-fashion retailer Shein’s 3-year IPO odyssey may have cost it the ‘golden time’ to go public
Investors are questioning whether Beijing’s blessing can carry a $40-billion-plus valuation for a clothing retailer whose growth engine is stalling.
Tesla Weighs China Unit Sale Ahead of SpaceX Deal, WSJ Says
Tesla Inc. is weighing a potential separation of its China business to pave the way for a possible merger with SpaceX, the Wall Street Journal reported.
China’s Nuclear Security Technology Centre supports international training efforts
Accounting for mock nuclear material and its residues to confirm that nothing has been stolen, shooting laser pistols at moving human-shaped targets and climbing over wired fences. These are just a …
Panama infuriated China. Now it’s paying the price.
Beijing is pressuring the Central American country with measures that have disrupted its vital shipping industry, thwarting its ambitions to become a global logistics hub.
China’s factory activity unexpectedly contracts in July as export rush fades
China’s factory activity unexpectedly contracted in July, as the export rush that powered a second-quarter rebound began to unwind.
Fast-fashion retailer Shein’s 3-year IPO odyssey cost it the ‘golden time’ to go public
Investors are questioning whether Beijing’s blessing can carry a $40-billion-plus valuation for a clothing retailer whose growth engine is stalling.
