Fintech continues to grow in China due to a favourable environment fostered by wide use of mobile devices and the internet, a strong digital payment ecosystem, and the government’s promotion of …
BUSINESS
Auto supplier Brose to scale up business in China
German automotive supplier Brose is expecting its China business to account for a quarter of its global sales revenue by 2025, up from around 20 percent last year, as it looks to tap into the…
China’s March diesel exports hover near record level
BEIJING: China’s diesel exports in March hovered near a record level, data showed on Sunday, as companies battled …
Interview: China’s economic growth off to encouraging start
China economic growth has embraced an encouraging start in the first quarter of the year Q1 and has a bright outlook said an in …
Sources: China opens its borders to billions of dollars of gold imports – Reuters
Reuters quotes five anonymous sources during the weekend news while saying, “China has given domestic and international banks permission to import large amounts of gold into the country.” The move is …
Luxury Brands Are Betting Their Future On China, But It May Be A Risky Gamble
China presents the greatest opportunity for growth, luxury brands face a real and present danger by putting all their eggs in the China growth basket. They risk sacrificing their long-term future for …
China’s Star Market introduces new listing rules that could freeze out Ant Group for good
The fintech firm has been ordered to restructure its operations, a change that could see it barred from the Shanghai-based exchange.
China’s used electronics trading platform Aihuishou eyes up to $1b in US IPO
Chinese secondhand electronics trading platform Aihuishou is aiming to raise $500 million to $1 billion in a U.S. initial public offering by early June, said two people with direct knowledge. The …
China is studying crypto as an investment tool, says PBoC deputy governor
Former PBoC president Zhou Xiaochua and recently appointed deputy governor Li Bo both spoke regarding the digital yuan and cryptocurrencies at the Boao Forum in southern China.
When it comes to China, the US need to figure out which fights are principled, and which fights are petty
Saber-rattlers think we can’t cooperate with and confront China. They are wrong and delusional about where the US-China relationship is right now.
Crypto Flash Crash Wiped Out $300 Billion In Less Than 24 Hours, Spurring Massive Bitcoin Liquidations
An overnight crash that started late Saturday tanked the total market capitalization of cryptocurrencies around the world by about $310 billion in less than 24 hours, shrinking the market from more …
China looks to recreate ancient Silk Road with network of African ports
A seaport built by a Chinese company on the Kenyan island of Lamu will go into operation in June as Beijing aims to recreate an ancient Silk Road more than 600 years after Ming dynasty…
China’s March diesel exports hover near record on high stocks
BEIJING – China’s diesel exports in March hovered near a record level, data showed on Sunday, as companies battled to ease brimming domestic inventories. Diesel shipments totalled 2.81 million tonnes …
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