Meituan, China’s biggest delivery platform, has raised $2.5 billion in a two-tranche dollar bond deal, according to its regulatory filings on Wednesday, in the country’s first offshore technology sector debt issuance this year.
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Meituan raises $2.5 billion in dollar bonds in China’s first tech debt deal of 2024
China’s shadowy crypto brokers lure US$75 billion as economy toils
CHINA’S over-the-counter (OTC) cryptocurrency brokers are attracting unprecedented inflows, a study shows, reflecting a hunger for alternative investments amid weak equity and property markets in a …
Opinion | Beijing Pushes on a Stimulus String
Maybe someday President Xi Jinping will offer the Chinese economy the stimulus it needs, but Tuesday wasn’t that day. Instead, Chinese households and businesses are getting another credit stimulus that’s likely to disappoint.
Huawei laptop teardown shows China’s steps towards tech self-sufficiency
China’s demand that the public sector step up use of domestic semiconductors can best be seen within Huawei’s Qingyun L540 laptop. The “safe and reliable” device features a self-designed processor and a Chinese-made operating system,…
China’s Shadowy Crypto Brokers Lure $75 Billion as Economy Toils
China’s over-the-counter cryptocurrency brokers are attracting unprecedented inflows, a study shows, reflecting a hunger for alternative investments amid weak equity and property markets in a …
World Brand Lab Releases ‘Asia’s 500 Most Influential Brands of 2024’
Toyota, State Grid, and ICBC are listed as the top three; the national brand loyalty of China continues to growNEW YORK, NY / ACCESSWIRE /
He bought a property in China. Nine years later, he got the key.
Chen Peng wanted a home to attract a wife. Condo projects fraught with financial and legal battles made him wait nearly a decade.
Beijing Pushes on a Stimulus String
China needs more private enterprise, not more cheap credit.
China e-commerce giants Alibaba, JD.com, Pinduoduo see stock surge after stimulus package
Chinese e-commerce stocks jumped after the country’s central bank announced a broad stimulus package. Alibaba, JD.com, and Pinduoduo led the surge.
Oil jumps nearly 2% as traders expect China stimulus to boost demand
Oil jumped nearly 2% on Tuesday before paring gains after China announced its biggest stimulus package since the early days of the pandemic, raising prospects of increased demand. On Tuesday West …
A Banking Crisis Is Looming in China. It’s Not Just Property.
As China grapples with a deepening real estate crisis, attention is shifting to an equally pressing concern: the vulnerability of the nation’s banking sector. What was once seen as a contained issue …
Canada, Mexico Should Halt China Forced-Labor Imports, U.S. Lawmakers Say
A bipartisan group of legislators urges the country’s two neighbors to use U.S. law as a model to keep out imports that can be traced to China’s Xinjiang region.
Russia, Iran and China are using AI in election interference efforts, U.S. intelligence officials say
In a media briefing Monday, officials from the Office of the Director of National Intelligence said foreign efforts to meddle in the election with AI have fallen flat.
