VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the …
FINANCE
Former Chinese commercial counselor discusses why China should be included in IPEF
He Weiwen, the former commercial counselor at the Chinese Embassy in New York and San Francisco, says China should be included in all trade agreements in Asia because it is a major player and economy…
GLOBAL MARKETS-Asia stocks up but investors worry about rate hikes, China lockdowns
Asia stocks rose on Wednesday even as central banks piled into aggressive rate hikes to battle soaring inflation and left investors worried about slower global growth. MSCI’s broadest index of …
Policy package set to steer China’s economy back on track
China’s cabinet has urged the implementation of a large-scale policy package, which is expected to bring the country’s economy back on track amid downward pressure and tackle difficulties encountered …
Economic Watch: Policy package set to steer China’s economy back on track
China’s cabinet has urged the implementation of a large-scale policy package, which is expected to bring the country’s economy back on track amid downward pressure and tackle difficulties encountered …
Quad pledges $50 billion package with ‘tangible benefits’ to check China
91774708 In remarks aimed at China, the Quad said in a joint statement it will champion … by promoting debt sustainability and transparency in close collaboration with finance authorities of …
CHINA LIQUOR has started to issue ABS financial products for Chinese Baijiu, will bringing the Baijiu industry into a new field
China Liquor Limited (CHINA LIQUOR) is a public company, which incorporated under the Singapore Company act (Chapter 50) of the Republic of …
Coronavirus: Beijing cuts tax by 60 billion yuan to spur vehicle sales as ‘China’s Motown’ sits idle amid Covid-19 lockdown
China will slash car purchase tax to the tune of 60 billion yuan, 42 per cent of the 140 billion yuan of rebates, loans, and deferred payments outlined by the State Council The cut, likely…
Airbnb exits China as Beijing’s tough Covid-19 containment measures add to woes of ill-suited business model, fierce local competition
US home rentals firm Airbnb is pulling out of mainland China, home to one of its least profitable markets, citing challenges brought about by the Covid-19 pandemic, it said in a note posted on its…
The Liberty TImes Editorial: US clarifies stance on ‘one China’
On May 5, the US Department of State made major changes to the US-Taiwan relations fact sheet on its Web site. It removed statements in the previous text that said it acknowledges Beijing’s “one China…
China Offers 10 Billion Yuan Subsidiary to Grain Growers
China’s central government has made available 10 billion yuan ($1.49 billion) for “one-off” subsidies to support individuals and companies involved in grain cultivation and production, according to a …
UBS cuts China’s GDP growth forecast on COVID restrictions
UBS on Tuesday trimmed its forecast for China’s economic growth this year by 120 basis points to 3%, as strict COVID-19 restrictions hit the country hard. The f …
Investors flood to KWEB as the China tech ETF took in over $500M of inflows last week
Investors piled into purchasing shares of the KraneShares CSI China Internet Fund (KWEB) as the ETF has taken in over $500M last week. Learn more.
