The company hoped Ma`s stake, worth billions of dollars, could be sold to existing investors in Ant or its e-commerce affiliate Alibaba Group Holding Ltd without involving any external entity, one of …
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Ant Group explores ways for founder Jack Ma to exit as Beijing piles pressure
China’s Xi to Give Speech Tuesday; Trade Tensions: Boao Update
Click here for the agenda, here for latest list of delegates; Xi to Discuss Global Risks and Challenges in Speech Tuesday; Chinese central bank governor Yi Gang to speak on a pane …
China-North Korea trade jumps after pandemic slump but sanctions curb business with Pyongyang
Observers in China said that because nuclear talks between North Korea and the US were stalled, China’s trade with North Korea was restricted by UN sanctions. A small portion of the bilateral trade …
China seeks to become major global vaccine player in wake of Covid-19 pandemic
The country’s pharmaceutical industry is expanding its production capacity as it gears up to produce 5 billion doses by the end of next year.
Tapping Into China’s Growth: Three Factors Every Brand Should Consider
From the perspective of a managing director of a company that specializes in launching U.S. brands in China, here are three major factors to consider if you plan on venturing into this market: 1.
China says it has no plans to oust US dollar with digital yuan
International use of the digital yuan will not replace the US dollar as the world’s main reserve currency, according to People’s Bank of China Deputy Governor, Li Bo.
China Asserts that Bitcoin is an ‘Investment Alternative’
On April 18, it was revealed that the People’s Bank of China is now referring to bitcoin as an “investment alternative.” …
Over 192 mln COVID-19 vaccine doses administered across China
Nearly 192.13 million doses of COVID-19 vaccines had been administered across China as of Sunday, the National Health Commission said Monday. The Chinese mainland on Sunday reported 11 new imported …
China’s CoronaVac vaccine has proven to be ‘very effective,’ says Chilean official
The CoronaVac vaccine against COVID-19 from Chinese pharmaceutical company Sinovac has proven to be very effective in preventing infections, hospitalizations, admissions to intensive care units and …
Churchill China’s full-year profits chipped away by Coronavirus impact
Churchill China PLC (LON:CHH) saw its full-year profits drop as sales were affected by the Coronavirus pandemic and the consequent restrictions on hospitality markets worldwide. The ceramics seller …
U.S. and China agree to cooperate to “tackle the climate crisis”
But as Biden prepares to host a summit of world leaders, seeking pledges to carbon emissions, China warns more ambitious goals are “not very realistic.” …
After Afghanistan, China and Russia will test Biden
But in Afghanistan, America is out. The US president has just announced the withdrawal of all remaining American troops from the country. A 20-year war will end on the symbolic date of 9/11, 2021. The…
AUTOSHOW-Nissan to focus on fuel-sipping technology and electric cars in China
Japan’s Nissan Motor Co, which is racing to lift margins and curb costs amid slowing sales, showed off a redesigned version of its X-Trail model on Monday and announced a green car strategy for China…