A China-Europe freight train chartered for sending China’s exports of electric tools departed from east China’s Jinhua to Central Asian countries on Thursday. The first-of-its-kind train loaded with …
BUSINESS
China IPO boom is becoming a game of two halves
Shares in China Renaissance leapt 10% on Thursday after the investment bank said its year-on-year profit would almost treble to 1.2 billion yuan ($185 million) in the six months to June. Its …
How Can Luxury Brands Earn Cultural Credibility From China’s Gen Z?
As China’s Gen Z exhibits a values-driven approach to consumerism, how can luxury players elevate their cultural credibility among this group?
WM Tech’s $1 Billion Hong Kong IPO Stalls on Vetting
The Beijing-based company behind the Wumart chain and Metro AG’s outlets in China is addressing queries Hong Kong Exchanges and Clearing Ltd. raised during the IPO vetting process, said the …
Yum China Reports Profit, Sales Gain; Warns Full Recovery ‘Will Take Time’
Yum China, the largest restaurant chain in China, said profit and sales grew in the second quarter even though the impact of the Covid-19 pandemic lingered.
Wanxiang Blockchain Labs Holds the Seventh Global Blockchain Summit from Sep.14-15
Wanxiang Blockchain Labs, a non-profit research institution focusing on blockchain technology based in China, announced that it was going …
Wanxiang Blockchain Announces its Blockchain and FinTech Plans in JTC’s Punggol Digital District
Connecting Smartness event today, JTC – a government agency under Singapore’s Ministry of Trade and Industry, officially announced its partnership with Wanxiang Blockchain, a China-based blockchain …
Across China: Hot springs give steam to economy in southwest China county
Shiqian is a small county located in Tongren City, southwest China’s Guizhou Province. It is famous for its rich, high-quality hot spring resources. In recent years, authorities have prompted …
China tries to ease investor fears over crackdown: report
Beijing scrambled to calm investors after a crackdown on some of China’s biggest firms rattled markets with regulators calling bankers in for a last-minute call Wednesday night, Bloomberg reported.
China’s crackdown on its biggest companies
China banned crypto trading in 2019 and multiple provinces have ordered energy-intensive crypto-mining outfits to shut down in recent months, citing concerns about spiking power consumption. Analysts …
UAE to Burn Mountains of Trash as China Stops Importing Waste
The United Arab Emirates is building one of the world’s largest waste-to-energy plants to deal with its growing trash load.
China’s laws on military personnel, facilities to take effect on Aug. 1
China’s brand new law on the protection of the status, rights and interests of military personnel and the revised Law on Military Facilities Protection will take effect on Aug. 1, according to a press …
Biden nominates Huawei prosecutor for key China export post
U.S. prosecutor Thea Kendler, an attorney on the criminal case against China’s Huawei and its Chief Financial Officer Meng Wanzhou, will be nominated for a Commerce Department post vital to …
