China’s WuXi AppTec said on Tuesday its subsidiaries have signed a deal with U.S.-based private equity firm Altaris LLC for the sale of its cell and gene therapy manufacturing unit, WuXi Advanced Therapies,
BUSINESS
China Plans to Issue $411 Billion Special Bonds, Reuters Says
China’s policymakers are planning to sell 3 trillion yuan ($411 billion) in special treasury bonds in 2025, an increase from 1 trillion yuan this year, Reuters reported Tuesday, citing two unnamed sources.
Ant Digital Technologies and GCL Energy Technology Forge Strategic Partnership to Advance Green Energy and Digital Transformation
Ant Digital Technologies and GCL Energy Technology signed a strategic cooperation agreement to comprehensively collaborate on constr …
5 Goods We Buy From China That May Be Affected By Trump’s Tariffs
Many of the products Americans use every day are sourced either partially or entirely from China, and therefore stand to see their cost increased.
Exclusive: China plans record $411 billion special treasury bond issuance next year
The move comes as Beijing prepares to soften the blow from an expected increase in US tariffs on Chinese imports when Donald Trump returns to the White House in January.
Singapore overtakes Hong Kong as Asia’s leading crypto hub in 2024
Singapore solidified its status as a leading digital assets hub in 2024, granting 13 crypto licenses to a mix of major exchanges and global operators, more than doubling the previous year’s approvals, …
Data Center Operator GDS Is Said to Consider IPO of China REIT
GDS Holdings Ltd. is considering an initial public offering for a real estate investment trust of its data center assets in China, according to people familiar with the matter.
Chinese Data Center Operator Yovole Is Said to Consider US IPO
Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator’s failed attempt to list in mainland China.
China’s CATL launches EV platform, flagging safety as top selling point
China’s CATL , the world’s largest battery maker, on Tuesday launched a new electric vehicle platform that it says can withstand 120km/h frontal impact without catching fire or exploding, as it touts …
GCL Energy Technology launches first blockchain-based RWA project in photovoltaic industry
GCL Energy Technology Co Ltd has completed the first Real World Asset Tokenization (RWA) issuance in China’s photovoltaic industry with Ant Digital Technologies, securing 200 million yuan ($27.4 …
Newly Released Images Show Biden and Son Meeting With China’s Xi Jinping as Well as Hunter Biden’s Business Partners
The America First Legal foundation says the pictures corroborate House Republicans’ allegation that Hunter Biden arranged for his father to meet with …
China to remain top car exporter in 2025 despite slower growth on EU’s EV tariffs
China’s top auto firms are likely to diversify by introducing petrol cars and hybrid models to blunt the impact of trade barriers China’s car exports are likely to hit a speed bump in 2025 as…
Speculative Frenzy, AI Disruption, And Crypto Rally: Investors Face Wild Ups And Downs In A Year Of Market Surprises
Global markets in 2024 witnessed sharp contrasts, with speculative trading in AI and crypto dominating the scene. Bitcoin reached new heights, breaking $100,000 after the approval of U.S. Bitcoin ETFs …
