China may be preparing to ban private educators from going public, comments given to Caixin by a local official in Beijing showed, as part of a rumored crackdown to ease the burden on Chinese students…
BUSINESS
China’s crypto crackdown speeds shift to central Asia, North America mining
A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that ‘mine’ cryptocurrencies like bitcoin from China to North America and Central Asia as Chinese clients face an …
LIXIL showcases its four power brands at the 26th Kitchen & Bath China 2021, Shanghai
LIXIL, maker of pioneering water and housing products, with its four major brands; American Standard, GROHE, INAX, and LIXIL Kitchens, showcased a comprehensive display of the latest technology and …
China aims for minimization of grain import dependence
China has already announced the eradication of poverty. Thus, they decided to transform the Fund for fight against poverty into the Fund for rural areas renewal, declared Mikhail Malkov, Coordinator …
China is still behind on buying enough U.S. goods to fulfill ‘phase one’ trade deal
China’s purchases of U.S. goods fall short of what they should be to stay on track with the trade deal, says the Peterson Institute for International Economics.
Chinese Veggie Supplier Meicai Files Confidentially for U.S. IPO
Meicai, a Chinese startup that connects restaurants with vegetable producers, has confidentially filed for an initial public offering in the U.S., according to people familiar with the matter, pushing …
Hong Kong’s IPO Market: Resilience and Innovation
Hong Kong’s increasing focus on new-economy and high-tech financing has kept the stock exchange resilient through the coronavirus pandemic.
For China, excess economic stimulus not as risky as tapering stimulus too quickly, economists say
Soaring commodity prices raise questions about whether Beijing created excess demand for raw materials by overcompensating for economic damage caused by the pandemic.
China’s crypto mining crackdown followed deadly coal accidents
While China’s central government has enforced a strict ban on digital-asset exchanges and discouraged crypto mining for years, authorities in some remote areas of the country have been more welcoming …
SigmaStar is eyeing US$780 million IPO in Shanghai as China’s semiconductor industry raises capital to expand
China’s semiconductor makers are seeking to capitalise on the government’s push to match the US and become more self-reliant as global chip supply dwindles.
Chinese Chipmaker SigmaStar Weighs $780 Million IPO in Shanghai
Chipmaker SigmaStar is seeking to raise at least 5 billion yuan ($780 million) in an initial public offering in Shanghai, according to people familiar with the matter, as China expands its …
Exports to China benefit nearly all US states, industries: USCBC
The United States’ exports to China have benefited nearly all US states and industries, the US-China Business Council said Tuesday during a conference held in Shanghai. Data released by the council …
U.K. Businesses in China Seek More Clarity on Cybersecurity Laws
The British Chamber of Commerce in China called on Beijing to provide more clarity on draft regulations on cybersecurity, saying the lack of information is holding back business operations.
