WeRide, a Chinese autonomous vehicle company, is officially gearing up for a U.S. public debut, over a year after China started easing its effective ban of foreign IPOs. The company is seeking a …
BUSINESS
Chinese AV Startup WeRide Prepares for Big U.S. Market Debut
WeRide is not alone in pursuing a U.S. IPO. Pony.ai, one of its main competitors, is also reportedly preparing to go public in the U.S. after its previous attempt in 2021 was delayed due to…
China stocks remain range-bound amid economic slowdown concerns
Chinese stocks traded within a narrow range on Monday as concerns about a potential slowdown in the world’s second-largest economy kept investors cautious, even as other regional markets advanced.
U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise
The recently established U.S.-China Financial Working Group is set to meet for discussions about financial stability and curbing the flow of fentanyl. By Alan Rappeport Reporting from Washington A …
Guangdong’s imports and exports surge in July
Guangdong, the country’s biggest foreign trader, recorded double-digit growth in exports for the fourth month in a row, indicating a strong economic rebound and high domestic demand in the province, a …
China’s exports growth slows to 3-month low in July
“Due to base effect, China’s exports may keep a single-digit growth in the near future, but considering the slowing external demand and tariffs, the outbound shipments in the second half of 2024 will face bigger…
Made-in-China sports exports surge amid Paris Olympics, showcasing China’s strong innovation, manufacturing capability
From hydrofoils to small table tennis balls, made-in-China products were in the spotlight at the Paris Olympic Games, showcasing China’s industrial advantages and strong manufacturing capability. Thanks to the event,
Foreign Investors Pull Record Amount of Money From China
Foreign investors pulled a record amount of money from China last quarter, reflecting deep pessimism about the world’s second-largest economy.
Saudi crude oil exports to China set to slip in September, sources say
Saudi crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources said on Monday, citing monthly allocations for term buyers.
Saudi crude oil exports to China set to slip in September, sources say
Saudi crude oil exports to China are set to fall in September to about 43 million barrels, several trade sources said on Monday, citing monthly allocations for term buyers.
‘Critical turning point’ for coal poses risks for China’s state power firms, says report
China’s state-owned enterprises (SOEs) are investing in low-carbon sources and helping push the country’s energy transition towards a “critical turning point” where coal power starts to decline, a new …
China’s gray economy unlocks potential amid more need for eldercare
In 2023, the size of China’s eldercare products market reached 5 trillion yuan. Meanwhile, there were more than 490,000 eldercare-related businesses in China at the end of 2023. Jack Wu, managing …
China’s WeRide Seeks Up to $440 Million in US IPO, Placement
WeRide Inc., a Chinese self-driving automotive company, is seeking to raise as much as $440 million in a US initial public offering and concurrent private placement.
