Didi Global Inc. posted its second straight quarterly profit, a boost for the Chinese ride-hailing leader as it contemplates a potential re-listing in Hong Kong.
Featured Posts Title
China floods the world with gasoline cars it can’t sell at home
China’s 78-cent flu shots show price squeeze for country’s vaccine makers
China Can Still Meet Ambitious US Soybean Pledge, Traders Say
Starmer Says UK Will Adopt Pro-Business Approach With Beijing
Starmer says China policy cannot continue to blow ‘hot and cold’
Shenzhen: The city that rewrote China’s future
Shenzhen Pagoda Grants 150.5 Million RSUs to Employees
Recent Posts
Didi Again Records a Profit While It Prepares for Hong Kong IPO
How to play the stock market bubble risk? Buy crypto and China, BofA says
Markets witnessed significant capital flows into various asset classes over the past week, according to the data compiled by Bank of America. Stocks attracted $29.4 billion, bonds $10.3 billion, …
China tames ‘sea of death’ desert’s shifting sand with giant solar wall, trees
The Taklamakan Desert in China is now surrounded by a 1900-mile green belt to prevent sandstorms and protect local infrastructure.
China central bank conducts 800 bln yuan of outright reverse repos in Nov
China’s central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
Shiseido profit outlook squeezed by China downturn, president says
Japanese cosmetics maker Shiseido Co downgraded its profit outlook for the next two years on Friday, after a downturn in sales to Chinese consumers. Shiseido joins other luxury brands such as …
Inside the AI back-channel between China and the West
The race for technological advantage makes it hard for China and America to reach agreement on shared AI safety protocols. When representatives from both governments met in Geneva in May to discuss the risks of…
HSBC Pulls Back Credit Card Business in China, Reuters Reports
HSBC Holdings Plc is pulling back from its credit card business in China, Reuters reported, citing unidentified sources.
China calls on firms to eliminate political pressure, make independent business decisions following BBC report on Uniqlo boss’ Xinjiang remarks
Cotton produced in China’s Xinjiang region is among the best in the world. We hope that relevant companies can eliminate political pressure and negative interference, and make independent business …
Uniqlo risks boycott in China after CEO’s Xinjiang comment
Casual wear giant Uniqlo is facing calls for a consumer boycott in China after the CEO of the clothing company’s owner said it does not source cotton from China’s Xinjiang, which has faced allegations …
China extends US import tariff exemptions to February 2025
The move comes after President-elect Donald Trump spoke about imposing additional tariffs on Chinese goods, citing concerns over illegal drug trafficking and migration. Trump threatened a 10% increase in tariffs on Chinese imports and a…
Cheap gasoline? Not under Trump’s tariff plan.
Trump has pledged to punish Canada and Mexico for “bringing Crime and Drugs at levels never seen before” by imposing a 25 percent tariff on all imported goods from U.S. neighbors — with no exceptions…
Biden calls proposed Trump tariffs ‘counterproductive’
President-elect Donald Trump’s proposed 25% tariff on goods from Mexico and Canada would harm relations between the United States and Mexico and Canada, President Joe Biden told reporters on Thursday.
Trump’s saber rattling about tariffs is unsettling China
Chinese firms are on edge and so are some of their US partners. Markets are relatively muted, though the yuan is down.
