Instead of lending money for highways and bridges, China has shifted to providing emergency rescues for previous borrowers. By Keith Bradsher Reporting from Beijing and Guangzhou, China After lending …
BUSINESS
WuXi Biologics’ medical research unit eyes up to $471 million in Hong Kong IPO
China-headquartered WuXi XDC, the contract medical researching unit of WuXi Biologics (Cayman), said on Tuesday it intends to raise up to HK$3.68 billion ($470.56 million) in one of Hong Kong’s top …
China Vice-Premier He Lifeng to visit US this week as ties shine at Shanghai expo
The US Department of Agriculture unveiled its first pavilion at the China International Import Expo in Shanghai on Monday, with 17 exhibitors on show.
China’s durian demand sees Philippines score CIIE trade deal despite heated South China Sea dispute
China’s love for durian has skyrocketed in recent years, giving the world’s major producers in Southeast Asia a massive market to tap Agreement at China International Import Export will see more Philippine durians and papayas…
China’s BTC Digital Bolsters Bitcoin Mining Capability with 220 Units – Crypto Mining Making a Comeback?
BTC Digital, a Chinese Bitcoin mining firm with operations in the US, has announced the purchase of 220 mining machines.
Hong Kong welcomes spot crypto ETFs, won’t ‘let the U.S. have all the fun’
Officials in Hong Kong are moving toward regulations that would enable investment into spot exchange-traded fund (ETF) products built on crypto, with China increasingly seeking to reestablish a …
Navies Unready To Stop Chinese Ram-Backed Blockade Of South China Sea
If China wants to keep their maritime land-grab machine going, dangerous new approaches, just short of outright war, may prove tempting. Pushing back will be hard.
CIIE Latest: China Premier Makes Import Pledge; Albanese Speaks
Chinese Premier Li Qiang kicked off the China International Import Expo with a promise to boost imports, while Australian Prime Minister Anthony Albanese sounded an optimistic note on ties between the …
Vanguard reportedly winding down operations in China
Vanguard is reportedly pulling out of China, closing down its office and cutting ties with its staff there. According to Bloomberg, which cited people familiar with the matter, the firm has inked …
China ‘does not want to miss out’: Community reacts to HK spot Bitcoin ETF news
China will need to launch a spot Bitcoin ETF once the U.S. SEC approves one, BitMEX co-founder Arthur Hayes believes.
China’s Trade Slump Likely Eased Further in October – Reuters Poll
But South Korean exports to China, a leading indicator of China’s imports, fell at their slowest pace in 13 months in October, dropping 9.5% compared with the same period last year. China’s imports …
The U.S. Can Counter China’s Control of Minerals for the Energy Transition
America needs to invest in mining and build resilient supply chains for the building blocks of electric batteries.
China Eastern signs crab deal worth $1 billion with a Russian company, expanding overseas import channels
China Eastern Airline said that it signed an order of king crab worthy $1 billion with Russia’s Antry Group on Monday, a move to expand its import channels with more overseas companies. The deal was…