Even if the G20 talk goes nowhere, China ending its awful zero covid policy will be welcomed by a market that’s abandoned them all year.
BUSINESS
Tesla plans to import China-made electric cars to US, says questionable report
Tesla is reportedly planning to start importing electric cars made in China to the US, according to a somewhat questionable report.
Chinese hotel operator Atour stock climbs 15% following downsized $52M IPO
American Depositary Shares jumped 15% following a $52M US initial public offering that priced at the lower end of …
EXCLUSIVE Tesla mulls exporting China-made EVs to United States-sources
Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automaker’s deepening cost …
Wall Street adds to week’s big gain; crypto falls again
Markets got a boost after China relaxed some of its strict anti-COVID measures … and its rise of 5.5% is on track to be its biggest since June. In the crypto market, meanwhile, prices are…
TheStreet’s Market Open: Market Rally, China’s Covid Policies, FTX Bankruptcy – Watch Live
As markets see continued strength following the biggest rally since April 2020, keep an eye on changes in China’s covid policies and the unfolding FTX crypto fiasco.
China touts global business aspirations for Yangtze River Delta, with safeguards for foreign investors
China’s top economic planner unveils multi-year effort to restore market confidence, encourage investment and punish attempts to quell competition But a restrictive zero-Covid policy continues to loom …
China relaxes on COVID, FTX freeze, Russian pullout – what’s moving markets
China announces its most significant relaxation of the COVID-Zero policy yet, sending local stock markets and global risk assets flying. The mess from FTX’s collapse gets worse, as its assets are …
China’s Singles Day sales could top 1 trillion yuan even as the economy cools
Alex Jones ordered to pay nearly half a billion dollars to Sandy Hook families in additional damages China’s Singles Day, the world’s biggest annual shopping event, is known for regularly smashing …
Boeing Co sees India as key to offset sluggish business in China
Boeing and Airbus SE are both in the running for what could be one of the largest aircraft deals ever as formerly state-run Air India Ltd. is overhauled by new owner Tata Group …
Archean Chemical IPO: Issue subscribed 32.23 times on final day of bidding
The qualified institutional buyers’ category was booked 48.91 times, the portion set aside for non-institutional investors was subscribed 14.90 times, and the quota for retail investors was subscribed …
Toyota, Volkswagen, BMW and other auto majors show off new EVs at the 2022 China import expo
Traditional automakers are accelerating new EV rollouts in China to compete with strong local rivals as the country continues to adopt EVs.
Xi Focus: Xi Steers Import Expo into Global Platform for Sharing Chinese Opportunities
Entering its fifth edition this year, the China International Import Expo (CIIE) in Shanghai has become a vital platform for promoting trade, investment and global cooperation, and a “golden gate” to …