Biggest since Didi The listing by Zeekr is the biggest by a China-based firm in the U.S. since Didi Global Inc.’s $4.4 billion IPO almost three years ago. Days after the ride-hailing firm went public,…
BUSINESS
China rolls out new measures to fix its property crisis, spur growth
The announcement by the People’s Bank of China said that effective Saturday, the interest rate for first-time housing provident fund loans for under 5 years will be cut by 0.25 percentage point to …
US blocks imports from 26 Chinese textile firms over suspected Uyghur forced labor
The United States has barred imports from 26 Chinese cotton traders or warehouse facilities on Thursday as part of its effort to eliminate goods made with the forced labor of Uyghur minorities from the US…
Bybit’s Notcoin listing debacle, China firm’s profits up 1100% after crypto buy: Asia Express
Bybit to compensate users after Notcoin listing debacle, China gaming firm’s profits up 1100% after $200M crypto buy, and more: Asia Express.
Chinese police bust illegal crypto ring worth almost $2 billion
In a recent development, Chinese police have uncovered a massive underground banking racket in the city of Chengdu, involving the… Continue reading Chinese police bust illegal crypto ring worth almost …
Joe Biden has raised tariffs on Chinese imports – but this ploy to win votes may spark a trade war
The US president is ramping up tariffs on Chinese-made products, including a 100% border tax on electric cars.
China Film Pavilion Returns to Cannes to Showcase Excellence of Country’s Movie Business
For its third year, China Film Co-Production Corporation brought together the Chinese film community and international industry leaders at Cannes.
Putin is putting his bromance with Xi on full display — but China has reason to be wary
China’s leader is facing growing pressure over his support for Russia’s isolated president.
Leak Reveals An ETF Perfect Storm Could Be Heading Toward Bitcoin After $6 Trillion Fed Inflation Flip Unleashed A Crypto Price Boom
Ahead of the key inflation data, one bullish bitcoin investor predicted there’s “$6 trillion in cash on the sidelines” that could power the bitcoin price to $150,000 this year—calling the latest …
White House’s Brainard says China’s exports can undermine investments in US
White House National Economic Adviser Lael Brainard said on Thursday China’s industrial capacity and exports in certain sectors are so large, they can undermine the viability of investments in the …
A New U.S.-China Trade War Would Cost Us All
Chinese retaliation to new U.S. tariffs is likely to kick off a cycle of escalation, Desmond Lachman writes in a guest commentary.
As US hikes China tariffs, imports soar from China-reliant Vietnam
As the United States intensifies efforts to reduce trade with China by hiking tariffs, it has greatly boosted imports from Vietnam, which relies on Chinese input for much of its exports, data show.
B&K Corp Seeks IPO To Keep Its Slow-Developing Drugs Alive
B&K lost nearly 200 million yuan in the past two years, as its administrative expenses exceeded its R&D spending The drug maker’s president, who is also the founder’s son, has previous experience main …
