India is poised to fulfill an order to the Philippines for its homemade BrahMos missiles, marking a significant moment New Delhi’s defense exports as well as in warming ties with Manila as both …
BUSINESS
3 Reasons to Buy Alibaba Stock as It Revisits Its IPO Price
Alibaba (NYSE: BABA), China’s largest e-commerce and cloud company, went public at $68 per American depositary share (ADS) on Sept. 18, 2014. It was valued at $169.4 billion upon its debut, making it …
China’s growth model pushes Beijing into more trade conflicts
Swiss solar panel maker Meyer Burger is facing the brunt of competition from China and is warning it may have to close its loss-making production plant in Germany unless the government steps in with …
China’s strategic $3.5 billion investment in Brazil bolsters BRICS alliance: Details
China has announced a substantial investment of $3.5 billion into Brazil, a fellow BRICS nation. This investment, primarily targeting Brazil’s mining sector, …
China’s luxury market is bouncing back with new areas of opportunity
The mainland China personal luxury market grew by about 12% last year to more than 400 billion yuan ($56.43 billion), according to consulting firm Bain & Company. In all, about half the leading brands …
China Evergrande ordered to liquidate by Hong Kong court
Evergrande’s situation is more complicated than other developers as its founder Hui Ka Yan is under arrest and its major subsidiary in China Hengda Real Estate Group is being investigated. The …
Court orders China Evergrande property developer to liquidate after it failed to reach debt deal
Property developer China Evergrande Group has been ordered to liquidate after it failed to reach a restructuring deal with creditors.
China’s Deflation Pressures Seen Persisting Through Mid-2024
(Bloomberg) — China’s deflation pressures are likely to continue for … Fuel Angst Over Wealth Gap Reddit Advised to Target at Least $5 Billion Valuation in IPO A measure of economy-wide prices …
Explainer: What happens next after China Evergrande ordered to liquidate?
Listing rules require a company to demonstrate a business structure with sufficient operations and … the liquidator could take control of Evergrande’s subsidiaries across mainland China by replacing …
Beverage brands rapidly expand overseas presence
According to the report by CIC, by 2028, the global market scale of freshly made beverages is estimated to surpass $1.1 trillion, and the rapid expansion of emerging markets, particularly China and …
‘Global status far off for China’s carmakers’
Xu Haidong, deputy chief engineer of the China Association of Automobile Manufacturers, said: “The fast growth of the new energy vehicle sector and the rise of local Chinese marques are helping boost …
South Korea’s share in China’s imports hits 30-year low
South Korea’s share in China’s import market fell to 6% last year, reaching the lowest level in three decades since 1993, when the share was 5.2%. Given that 1993 was one year after Korea and…
China faces economic crisis amid unemployment figures – and it won’t get get any better
Follow Daily Express US on Facebook and Twitter @ExpressUSNews China recently announced that it achieved its … and reduced global demand for exports cast a shadow over the country’s economic …