General Motors Co’s vehicle sales in China dropped 5.3% between April and June from the corresponding period last year, underperforming the industry average amid a recovery from the coronavirus … ( read original story …)
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GM’s China sales drop 5% in second quarter, underperforms industry recovery
China beverage firm Wahaha said to mull IPO above US$1 Billion
Hangzhou Wahaha Group Co., one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter. ( read original story…
Coronavirus Daily: China’s Leader in the Vaccine Chase
Here’s the latest news from the global pandemic. With China and Canada at geopolitical odds over a range of issues, it may come as a surprise that one of the front-runners in the race for…
China’s Economy Regains Strength After Strict Coronavirus Measures
Economic activity is gathering momentum in China, a raft of survey data showed, the latest sign that Beijing’s uncompromising approach to the coronavirus pandemic is starting to pay dividends even as … ( read original…
Beijing names hard-liner who crushed protests to head Hong Kong security agency
His appointment to the new Office for Safeguarding National Security suggested that Hong Kong security issues may have been managed from Guangdong in recent years, Sebastian Veg, … ( read original story …)
China Beverage Firm Wahaha Said to Mull IPO Above $1 Billion
Hangzhou Wahaha Group Co., one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter. ( read original story…
State Dept warns top U.S. firms over supply chain risks linked to China’s Xinjiang
“It is critical that U.S. companies and individuals be aware of the large-scale human rights abuses perpetrated by the PRC government in Xinjiang,” Keith Krach, Undersecretary of State for economic … ( read original story…
Hong Kongers say possible China repression spurring exodus to Taiwan
Residents of Hong Kong, deeply concerned by Beijing’s new security law, seek safety and freedom in nearby Hong Kong. ( read original story …)
China Beverage Giant Wahaha Said to Weigh IPO Above $1 Billion
Hangzhou Wahaha Group Co., one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter. ( read original story…
Beijing won’t require proof of COVID-19 test for some residents leaving city
Given the declining number of coronavirus cases in the current outbreak, residents from low-risk areas no longer need to provide evidence that they have tested negative, Pan Xuhong, spokesman of the … ( read original…
Asian shares hit four-month high as U.S., China recoveries gather pace
Asian shares rallied to a four-month high on Friday on robust U.S. payrolls data and a brisk pickup in Chinese service sector activity, but a surge in coronavirus cases in the United States kept a…
Copper’s bull run at risk as China enters slow summer season
A stunning V-shaped recovery in the price of copper is looking stretched as top consumer China enters its summer construction slowdown and fears of supply disruptions from the coronavirus have been … ( read original…
Hong Kong security law: China doubles down on support for city as finance hub as concerns mount over its future
China is expanding financial schemes in Hong Kong to cement its status as a commercial gateway amid concerns about the impact of the new national security law. ( read original story …)
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