CMC Inc, one half of the CMC media empire that spans from sports to amusement parks, said the A-round fundraising was led by the two Chinese tech firms along with new investors such as property…
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BREAKING: Hong Kong proposes new mechanism to allow Beijing to exercise jurisdiction over nat. sec cases
China Courts Lula and Latin America After Trump’s Tariff Shock
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
Chinese EV battery giant CATL’s US$5.3 billion Hong Kong IPO would be biggest since 2021
China’s CATL to raise at least $4 billion in Hong Kong listing
China stocks rally, yuan gains on Geneva trade talk optimism
This US-owned factory in China made toys bound for Walmart. Tariffs put it on life support
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Alibaba, Tencent lead $1.5 billion investment in China media group CMC
As U.S.-China tit-for-tat tariffs kick in, here’s what could happen
Trump tweeted June 26. He also has said the tariffs would be in response to what the administration claims is Chinese theft of U.S. intellectual property. China then announced it would respond with ad… (…
China media group CMC raises $1.5 billion from Alibaba, Tencent
said the A-round fundraising was led by the two tech firms along with new investors such as property developer China Vanke Co Ltd. CMC, founded by media magnate Li Ruigang in 2015, added the firm…
China market turmoil revives memories of previous carnage
The wild card for both China’s stock market and currency is the property market. Many worry it is now in an even more severe bubble than in 2015. An index of Shanghai-listed property shares have…
U.S. tariffs on $34B in Chinese imports take effect as Beijing announces retaliation
The United States hiked tariffs on Chinese imports Friday and Beijing announced it was retaliating against American goods in a technology dispute between the world’s two biggest economies that U.S. Pr… ( read original story…
Beijing gears up for long, bitter trade war with US
If you’re Chinese, it’s obvious: US tariffs are “typical trade bullying”, according to the Ministry of Commerce here in Beijing. China Daily, a state-run newspaper, isn’t so polite. The Trump administ… ( read original story…
Daimler gets go-ahead for automated vehicle testing in Beijing
German car giant Daimler has been granted a road test license for “highly-automated driving research vehicles” in Beijing. With the license approved, Mercedes-Benz test vehicles are now set to begin r… ( read original story…
China accuses Trump of igniting ‘biggest trade war in economic history’ as U.S. tariffs take effect
Trucks haul containers from a container port in Qingdao in eastern China’s Shandong province on Friday. The United States hiked tariffs on Chinese imports Friday and Beijing said it immediately retali… ( read original story…
Beijing hits back as Trump imposes tariffs on $34bn of imports
Beijing began levying retaliatory tariffs after Donald Trump … to farm equipment prices rising, the stories of financial loss are now rolling in from farms across America.” Many US companies expect … ( read original…
U.S.-China trade war heats up as tariffs take effect
vice president of China operations at the U.S.-China Business Council in Beijing. “Companies don’t know how big this may get, or how it will end.” On Thursday, Ford Motor Co said that for now, it…
China hits back after U.S. imposes tariffs on $34B in Chinese imports
it will actually be charging taxes on firms both in China and around the world, as well as American companies,” Feng, said at a news conference in China. “To put it simply, the United States…
Beijing is gearing up for a long, bitter trade war with Washington
Beijing is preparing for a long battle with Trump’s “bullying” seen as an existential threat to the Chinese Communist Party. If you’re Chinese, it’s obvious: US tariffs are “typical trade bullying”, a… ( read original…
China’s money rates fall on ample liquidity, bank reserve cut helps supply
SHANGHAI, July 6 (Reuters) – China’s primary money rates fell over the course of the week on high liquidity, as quarter-end cash demand faded and as a reduction in banks’ reserve requirement ratio (RR… (…
