CANGZHOU, China, Nov. 17, 2023 /PRNewswire/ — The 5th China-Central and Eastern European Countries (CEEC) (Cangzhou) Small and Medium-Sized (SME) Cooperation Forum initiated on November 13th in Cangzhou, north China’s Hebei Province, announced the Cangzhou…
BUSINESS
US Business Execs Give Chinese Dictator Multiple Standing Ovations During Exclusive Dinner
Chinese leader Xi is warmly received at a lavish dinner in San Francisco attended by U.S. business executives and government officials.
China will ramp up oil imports in the first quarter, says Blue Line’s Bill Baruch
Joe Terranova, Shannon Saccocia, and Bill Baruch join ‘Halftime Report’ to discuss the outlook for the latest market rally, the state of the economy, and more.
Wuxi XDC IPO Reinvigorates Health Care Sector, Week In Review
Pharmaceutical contract research organization Wuxi XDC gained +36% in its stock market debut in Hong Kong overnight.
Chip war nixes Alibaba’s plan to spin out cloud business
Alibaba has called off plans to spin off its cloud computing arm, saying recent tightening of US controls on chip exports to China has created “uncertainties” for the division’s prospects.
A series of bad news stories—including an abandoned cloud spin-off plan—wipe billions from Alibaba’s market cap
Alibaba blamed U.S. chip controls for its decision to abandon plans to spin-off its cloud computing unit as an independent company.
China’s Rivalry With Musk’s SpaceX Moves to Even Lower Orbit
While notching major wins such as landing on Mars and operating its own space station, China trails the world’s richest man in low-Earth orbit — a zone within 2,000 kilometers (1,240 miles) of the planet’s…
China’s WuXi XDC jumps 40% in Hong Kong trading debut
Chinese medical research group WuXi XDC’s shares have risen nearly 40 per cent as the stock started trading on the Hong Kong Stock Exchange (HKEX) on Friday.The firm raised $470 million in its initial public…
Alibaba shares dip as qtrly earnings loom amid China weakness
Investing.com– Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China.
Xi revealed the extent of China’s economic woes by the speed at which he caved to some of Biden’s demands
China’s Xi Jinping entered discussions with President Joe Biden this week at the APEC summit in an unfamiliar position of economic weakness.
China responds to President Biden calling Chinese President Xi a dictator
FOX News White House correspondent Peter Doocy reports President’s Biden views on U.S.-China relations on ‘Special Report.’
Fintech Collaboration between Mainland China and Hong Kong
In recent years, the financial technology (Fintech) landscape has witnessed remarkable growth, with Mainland China and Hong Kong emerging as key players in the Asia-Pacific region. The collaboration …
Alibaba Loses $21 Billion In Market Value After Suspending Cloud Unit IPO And Jack Ma Sells Shares
Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.
