The fast-fashion company has struggled to find a sound landing place for an IPO. A move back to China could be an answer.
BUSINESS
China’s could give green light on yuan-pegged stablecoins as early this month
China is preparing to lift its long-standing crypto ban by legalizing yuan-pegged stablecoins before the end of August, according to Reuters. This would be the first time the country allows any form …
China to reportedly launch stablecoins to challenge dollar dominance
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time, as per a latest Reuters report. This is a developing story.
China may approve yuan-backed stablecoins amid fears of dollar-powered tokens
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered stablecoins.
Breaking: China Considers Yuan-Backed Stablecoins to Rival Dollar Dominance
China is reportedly set to review and possibly approve the issuance of Yuan stablecoins to boost global adoption and compete with the dollar.
New Chinese car brand Xiaomi expected to launch in Europe by 2027
Xiaomi (pronounced shau-mi) is expected to launch electric vehicle sales in Europe by 2027 following the launch its its YU7 luxury SUV. The Beijing-based business is better known as the third largest …
Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of …
Shein Hong Kong IPO with HQ move to China ‘looks likely’
Shein Group is reportedly seeking China’s approval to have an initial public offering (IPO) in Hong Kong and a potential HQ in China.
China snaps up Russian oil as Indian demand drops following Trump tariffs
Chinese refineries have moved to secure Russian oil shipments as demand from India for Moscow’s crude drops amid threats of President Donald Trump’s tariffs.
China’s July fuel oil imports climb to seven-month high
China’s fuel oil imports rose further in July, hitting their highest in seven months, customs data showed on Wednesday.
Why is the US sparing China, but not India, for importing Russian oil?
As the largest purchaser of Russian oil, China imported a record 109 million tonnes of this product last year, representing nearly 20 percent of its total energy imports, Chinese customs data showed.
China keeps up Russian oil purchases as Indian demand falls, say analysts
While Indian state refiners have paused Russian oil purchases in the wake of US tariffs, Chinese refineries have continued to buy Russian oil under encouragement from the Trump administration.
China Eases Export Curbs, But India’s Self-Reliance Key Against Trade Deficit: GTRI
China eased export restrictions on certain goods to India, a positive but insufficient step. India’s trade deficit with China hit $100 billion, exacerbated by reliance on Chinese imports for key …
