The former head of Nomura Holdings Inc.’s Chinese securities business has left the company, as Japan’s biggest brokerage tries to stem years of losses from its operations in the mainland.
BUSINESS
How China Built Tech Prowess: Chemistry Classes and Research Labs
Stressing science education, China is outpacing other countries in research fields like battery chemistry, crucial to its lead in electric vehicles.
China’s CPI in July rises faster than expected, producer deflation persists
The data comes in the wake of shrinking manufacturing activity and raised concerns about the outlook for exports …
China’s Asean trade faces more barriers amid fears of overcapacity, imbalance
Beijing’s strategy to reshape China’s trade profile to boost exports to Southeast Asia has been put to the test by a growing array of barriers in the region that are responding to supply chain shifts,…
Chinese automotive SoC developers file for IPO in Hong Kong
Black Sesame Technologies and Horizon Robotics, two China-based developers of smart driving chips, have recently filed for IPO on the Hong Kong Stock Exchange.
Chinese boomers joining crypto tapper cults, WazirX fallout worsens: Asia Express
Tapping games scams in China are brainwashing the elderly in cult-like schemes as legal petition places more pressure on WazirX.
China’s surprise import surge last month points to stockpiling of key tech ahead of trade restrictions, BofA says
China’s imports last month surged 7.2% year-over-year, led by an influx of tech products. BofA says the increase points to stockpiling ahead of new restrictions.
China’s exports miss expectations in July, while imports pick up with growth of 7.2%
China’s imports grew faster-than-expected in July, while export growth came in below forecasts, according to customs data released Wednesday. U.S. dollar-denominated imports rose in July by 7.2%, far …
China’s manufacturers are going broke
In recent years handouts, cheap loans and direct government investment have poured into areas of manufacturing favoured by Xi Jinping, China’s leader, with some remarkable outcomes. On his watch China …
Don’t Write Off China Edtech Just Yet, Says IPO-Bound YXT.com
YXT.com has filed for a New York IPO, aiming to sell investors on its position as China’s largest digital corporate learning company YXT is trying to sell investors on its big growth potential, even a…
UAE business hub eyes Chinese businesses amid ‘very, very strong’ China ties
From start-ups to universities, a Dubai government-backed developer has increased efforts to lure Chinese businesses to set up shop at one of the city’s newest business hubs, as it seeks to ride on …
These are the 5 luxury items China’s Gen Z is going nuts for, a retail expert says
A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet luxury trend is going strong.
US Slowdown Imperils China’s Path to Export-Driven Recovery
China’s export engine, vital for keeping the country’s growth target of around 5% within reach, is now threatened by signs of sagging US demand, just as Beijing is also struggling to jolt its own consumer…
