After assigning a ‘decisive role’ to the market in previous meetings, this year’s third plenum communique has removed that wording, leading observers to wonder how the change will play out in policy.
BUSINESS
China quants defend sector amid calls to ban algorithmic trades
CHINA’S top quantitative hedge funds are defending the beleaguered industry against pundit calls to ban algorithm-driven trading following regulatory tightening. Read more at The Business Times.
Artiva prices $167M IPO, riding optimism for autoimmune cell therapy
Artiva’s IPO is a test of investor faith in the recent repositioning … Earlier this week, BRL Medicine, a privately held, China-based biotech, provided the first signs in a human trial that …
India, China’s regulation of crypto “weakly correlated” with participation
The world’s two most populous nations have strong crypto sectors despite governments that have discouraged the industry. China began its crackdown in 2017. Beijing has restricted certain activities, …
Column: China’s commodity import trend driven by prices, not economy
China’s imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world’s second-biggest economy. But it’s probably more important to look at price …
Nvidia could find a key part of its China business blocked
As the U.S. reportedly considers imposing atougher trade rule on allies selling advanced chipmaking equipment to China, it could also ban U.S.-based Nvidia from selling a chip it specifically designed …
JPMorgan Chase CEO Jamie Dimon Has ‘Changed His Tune’ on Bitcoin and Crypto – According To Former President Trump
Former President Donald Trump says one of Bitcoin’s biggest critics is warming up to the crypto industry. In a newly-released interview transcript from Bloomberg, Trump says JPMorgan Chase CEO Jamie Dimon’s notoriously negative views on…
After three years of exports China is now short of lead
The east-west imbalance opened an export arbitrage window through which Chinese smelters shipped much-needed supply to western markets. China flipped from being a net importer of refined lead in the …
TransThera Seeks Hong Kong IPO To Sustain Cancer Drug Research
Meanwhile, China’s mainland markets have seen a sharp drop-off in IPOs this year after tighter listing criteria raised the bar for some start-ups. TransThera earned revenue of 124,000 yuan in 2022 and …
China is the West’s corporate R&D lab. Can it remain so?
The average monthly salary for a newly minted PhD at a foreign company in China is around 13,000 yuan, a third of what they would make in America. One multinational’s China boss reckons he gets…
Luxury brands are slashing prices in China
Consumer spending in China is down, and luxury brands are feeling the hit. Brands like Balenciaga, Burberry, and Marc Jacobs have offered big discounts to reel customers back in. But experts warn that …
China’s Probe of EU Pork Imports Takes Aim at Bloc’s Top Sellers
China has put three companies from the European Union at the center of its anti-dumping investigation into pork products from the bloc, the Commerce Ministry said on Thursday.
China’s Probe of EU Pork Imports Takes Aim at Bloc’s Top Sellers
China has put three companies from the European Union at the center of its anti-dumping investigation into pork products from the bloc, the Commerce Ministry said on Thursday.
