LinkDoc Technology Ltd., a Chinese medical data company, is seeking to raise money in a private fundraising, according to people familiar with the matter, after suspending plans for a July U.S. share …
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Foreign brands criticised in China for misleading shoppers
Chinese state media and ruling party members have rounded on several foreign brands, criticising them for misleading customers after authorities fined the Chinese unit of clothing company Canada Goose …
Tencent and NetEase stocks fall as China urge video game firms to focus less on profit
Chinese regulators have summoned companies to demand they play down profits and further clamp down on how minors can play video games, just days after children in the country were banned from access …
China to provide Afghanistan with $31 million worth of food and Covid vaccines
China will provide almost $31 million worth of food, winter weather supplies, vaccines, and medicine to Taliban-controlled Afghanistan, China’s Foreign Ministry said Wednesday.
Analysis: Unleashing reforms, Xi returns to China’s socialist roots
When Xi Jinping took command of the Communist Party in late 2012 and proclaimed “only socialism can save China”, it was largely ignored as the perfunctory mention of an antiquated slogan – not to be…
Cathie Wood says Ark has cut its China positions ‘dramatically’
Cathie Wood, the chief executive of Ark Invest and one of the world’s most closely watched investors, said her fund had significantly reduced its exposure to China, leaving only a portfolio of …
China’s Aug new yuan loans seen rebounding from 9-month low
China’s new yuan loans are expected to rebound in August from the nine-month low seen in the previous month, a Reuters poll showed, as the central bank seeks to support the country’s economic recovery …
China Evergrande Bonds Fall Sharply on Default Worries, Onshore Bond Temporarily Suspended
Indebted China Evergrande Group’s shares and bonds were under fresh pressure on Thursday after media reports that the company would suspend interest payments due on loans to two banks later this month …
China Factory Inflation Surge to Add Pressure to Global Prices
China’s factory-gate inflation accelerated to a 13-year high, adding to the pressure on global consumer prices which have been pushed up by a commodities boom, soaring shipping costs and an uneven …
Chinese businessman Qin Shuren gets 2 years in jail for exporting US marine tech to China
A Chinese businessman was sentenced on Wednesday to two years in prison after admitting that he illegally exported marine technology with uses in anti-submarine warfare from the United States for the …
COLUMN-Were China’s August commodity imports strong? Depends on your time frame: Russell
China’s imports of major commodities appeared to show signs of strength in August, but the gains in volumes are more nuanced and illustrate the difference between a short-term view and longer-term …
Arcane Crypto Places First Bitcoin Mining Rig Order
Full-service digital finance platform Arcane Crypto has announced its first purchase of bitcoin mining equipment via subsidiary Arcane Green Data Services.
China’s first mRNA COVID-19 vaccine production base to be put into use in October
Web. China’s first mRNA vaccine against COVID-19 production base located in Southwest China’s Yunnan Province set up recently is expected to be put into use …
