Tesla and European carmakers that export from China to the EU will be part of the bloc’s probe into whether the country’s electric vehicles industry is receiving unfair subsidies, the Financial Times …
BUSINESS
Tesla’s China Exports in Crosshairs of EU Anti-Subsidy Probe
One automaker is looming larger than any other in the investigation of electric vehicles flowing into the European Union from China: Tesla Inc.Most Read from BloombergIndians Have Five Days to Deposit …
AstraZeneca Looks To China For Growth – But CEO Says Spinoff Not Happening
AstraZeneca is the largest foreign owned pharmaceutical company in China based on revenue, and they’re continuing to increase investment in the country …
In China-EU trade ‘rebalancing’, dialogue marks critical step as European firms face ‘more political, less predictable’ business environment
Agreeing to exchange information and work together, according to one Chinese analyst, shows how both China and the European Union recognise that ‘there needs to be a limit to de-risking’.
China Finalizes A Strategic Pivot On Bitcoin
The Shanghai Second Intermediate People’s Court recently ruling described bitcoin as a “unique and non-replicable” asset in a strategic legal move that redefines China’s anti-crypto stance. The …
‘Alarm Bells For Crypto’—Leak Reveals Joe Biden Could Be About To Issue a Game-Changing Executive Order And Trigger Bitcoin Price Chaos
Following China’s 2021 bitcoin mining ban … and energy as scarce national resources and therefore zero sum—particularly [with respect to] crypto,” Grieve said, speculating that bitcoin mining could …
Bitcoin gains legal recognition as digital currency in Shanghai China
Despite a hostile national policy in China, several courts in the country over the years have recognized Bitoin and other digital assets as legal properties protected by law.
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong.
UBS and China’s ICBC to explore banking, wealth management ties
Swiss banking group UBS said on Tuesday it had signed a memorandum of understanding with the world’s largest lender by assets, Industrial and Commercial Bank of China (ICBC) , , to explore …
China and Europe try to dial down trade tension
China and the European Union have agreed to exchange information on export controls as part of efforts to dial down tension over trade imbalances and geopolitical issues.
Alibaba’s Cainiao files for US$1 billion IPO, helping Hong Kong to land the world’s second-biggest listing of 2023
The logistics company’s plan to sell US$1 billion shares would be second only to the recent US$5 billion listing of SoftBank-owned chip maker Arm It would also be the city’s first billion-dollar …
Macron Is Pushing Europe Into $900 Billion Fight With China
The European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries.The government in Paris …
China, Thailand, Vietnam imports shrank 25% from Jan-Aug: GDCE
China, Vietnam and Thailand, three major markets which Cambodia imports from, shipped more than $11.5 billion worth of goods here, making up around 70.8 per cent of Cambodia’s total imports of $16.3 b …