As Russia trades with China, India, the United Arab Emirates … The U.S. is closely monitoring Russia’s usage of crypto to sidestep sanctions, with U.S. Treasury Secretary Janet Yellen recently …
BUSINESS
Elon Musk Posts AI Video Featuring Xi Jinping With Controversial Winnie The Pooh Reference: Will it Harm Tesla’s Business In China?
Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has once again stirred controversy with his social media activity, and this time it could have implications for his company’s business in China. What Happened: …
Analysis-Volkswagen is reeling in China. Can EVs help it grow in the US?
By Victoria Waldersee and Joseph White BERLIN (Reuters) -When Volkswagen Group last month invested $5 billion in U.S. electric truck-and-SUV maker Rivian, the startup’s shares soared on the cash …
Midea IPO: China’s market regulator approves top appliance maker’s Hong Kong listing
The Foshan-based company proposes to issue up to 650.8 million ordinary shares on the Hong Kong stock exchange, according to the CSRC.
China Electric Truck Startup Windrose to Raise $200 Million Before US IPO, Source Says
SHANGHAI (Reuters) – Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in …
Apple and Micron Leaders Visit China as US Ramps Up Chip Curbs
The executives on Monday joined a US business delegation meeting Vice-Premier He Lifeng and Foreign Minister Wang Yi. He urged American firms to “participate aggressively in China’s further reform and …
U.S. Biotech Billionaire’s Success In China Is Giving New Jersey A Boost
BeiGene is investing $800 million on a New Jersey manufacturing facility opening Wednesday at a former Bristol Myers Squibb site.
China firms issue record $14 bln convertible bonds as market revives
China’s top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify future funding needs while interest rates stay high.
Is Vietnam losing its appeal for China’s manufacturers bypassing US tariffs?
Vietnam has long been a preferred destination for foreign-invested projects, but rising costs are pushing Chinese firms to consider their options.
A funny AI video tweeted by Elon Musk risks Xi Jinping’s wrath as Tesla rakes in China revenues
An AI clip of Xi walking in Winnie the Pooh robes may seem lighthearted, but Beijing has shown it deems the cuddly bear comparison as a a red line.
Column – China’s rate cuts fail to revive iron ore and copper: Russell
China’s first cut to major short- and long-term interest rates in 11 months drew a distinctly ho-hum reaction from the commodities that usually would be expected to be the biggest beneficiaries.The …
China firms issue record $14 billion convertible bonds as market revives
China’s top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify future funding needs while interest rates stay high. Offshore convertible bonds …
China’s improving hydro power generation spells bad news for coal imports, says SSY
Stevenson added that while there are other important drivers of import activity, notably increases in industrial demand and higher stockpiling targets, the continued recovery in Chinese hydro suggests …
