BlackRock Inc. raised 6.7 billion yuan ($1 billion) for its first China mutual fund, starting onshore investments for clients in the world’s most promising wealth market right after billionaire …
BUSINESS
China’s Cabinet Says It Will Stabilise Market Expectations State Media
China will improve the business environment and correct monopolistic behaviours by intermediaries in the food and drug sectors, according to the report. Wealth of Knowledge is a weekly podcast …
China’s exports growth picks up speed in boost to economy
BEIJING: Chinas exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the worlds second-biggest economy as it navigates its way …
ByteDance Is in Talks for $4 Billion in Loans as IPO Wavers
ByteDance Ltd. is in discussions for about $4 billion in bank loans, according to a person familiar with the matter, as a crackdown on China’s internet sector casts doubt over the timing of its …
HK IPO-hopefuls hit the road
Dongguan Rural Commercial Bank, Broncus Holding Corp and Novotech Health Holdings have all hit the road for their respective IPOs on the Hong Kong Stock Exchange. DRCB’s deal is led by sponsors ABC …
China’s Cabinet: Will further improve business environment
China’s cabinet said on Wednesday that it will further improve the business environment, Reuters reported, citing Chinese state media. The cabinet further added that it will stabilise market …
Beijing bourse: China’s busy bureaucrats
From Beijing’s plans to overhaul its small-business stock exchange to Shanghai’s push to be a global financial services leader, legislators never seem to rest in China.
China’s Apparel Industry Growth Slows in July
China’s apparel industry growth slowed in July, along with other economic indicators, as the country faced sporadic outbreaks of the delta variant of Covid-19, as well as bad weather, including floods …
China’s Second-Half Exports to Stay Strong Amid Holiday Season, Analysts Say
China’s exports are expected to maintain a strong growth momentum amid the upcoming holiday season, analysts said, after China’s customs regulator released robust exports data for August. Overseas …
China sees exports top last year 25.6%
China’s export growth unexpectedly surged in August as suppliers likely increased orders ahead of the year-end shopping season, offsetting any port disruptions related to fresh outbreaks of the …
China’s Textile Firms Shy Away From Export Orders on Threadbare Margins, Uncertain Outlook
Chinese garment companies remain wary of accepting more overseas orders as profits dwindle and they fear that the current glut in demand is only temporary until the pandemic wanes and the …
Luxury brands become collateral damage of celebrity scandals in China
Rewind to the start of 2021, and pop star Kris Wu had become Bulgari’s most important brand ambassador in China, Louis Vuitton was making headlines for signing South Korean boy band BTS as global …
Finance ministry may impose anti-dumping duty on import of vitamin C from China
Finance ministry may impose anti-dumping duty on import of vitamin C from China: Laxmi Yadav, Mumbai Wednesday, September 8, 2021, 08:00 Hrs [IST] The Union finance ministry is li …
