Troubled Chinese property developer Shimao Group is auctioning its flagship Shimao Shenkong International Centre in a further effort to pay off its debt, at a starting price of CNY13 billion (USD1.8 …
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US, Chinese defense chiefs speak briefly after Beijing rejected meeting request
Defense Secretary Lloyd Austin on Friday spoke briefly with his Chinese counterpart on the sidelines of the annual Shangri-La Dialogue Asian security summit in Singapore, a surprise exchange …
China Telecom invests $434 million in quantum technology
With the investment, the carrier has established the China Telecom Quantum Information Technology Group Co. China Telecom this week revealed that it has invested 3 billion yuan ($ …
India’s April finished steel imports from China hit five-year high
India’s finished steel purchases from China touched a five-year high in April, and the country’s overall imports of the alloy reached a four-year high, according to provisional government data …
China crypto community picks Ethereum, Arbitrum and BNB Chain as top protocols
Ethereum, the dominant Layer-1 blockchain protocol, is the most preferred by Chinese investors at 85.4%. Arbitrum, a leading layer-2 scaling solution, is at 68%, while BNB Chain is at 56.2%.
Tech Insider: AI Startup Mobvoi Files for IPO, Musk on ‘Decoupling’
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene. AI startup Mobvoi files for Hong Kong IPO. Google-backed …
China plans new property-market support package to boost economy – Bloomberg News
China is working on new measures to support the property market after existing policies failed to sustain a rebound in the sector, Bloomberg News reported on Friday, citing people familiar with the …
Hong Kong stocks poised to rebound as monetary easing boosts China’s economic recovery, says Hang Seng Qianhai Fund Management
Hong Kong stocks are likely to rebound from heavy sell-offs in the second half of the year as a potential easing of monetary policy boosts China’s economic recovery, says Hang Seng Qianhai Fund …
China’s quandary: Bail out debt-laden cities, or risk disruptive defaults?
And then came complaints from residents in Nanning, a city near China’s border with Vietnam, about public parking being auctioned off as a way to secure new loans. Across China local governments, …
Global tycoons revisit China, keen to expand business
SHANGHAI, June 2 (Xinhua) — It’s been a busy week in China, with some of the best-known international business tycoons embarking on visits and expressing their hopes of expanding business in the …
Explained: Top Chinese Scientist Says Covid-19 Could Have Leaked From Lab, What Do We Know Of Covid-Origin
Top scientists and at least two US intelligence agencies have indicated that Covid-19 may have originated in a lab instead of originating in nature as was widely said in the beginning.
US needs to ‘reindustrialize’ to compete with China: Dr. Jonathan Ward
Atlas Organization Founder Dr. Jonathan Ward weighs in on China’s recent aggressive tone towards the U.S. as it competes to become ‘dominant superpower.’ …
How Celebrity Brands Can Build Durable Businesses In China
Celebrity brands like Drew House and Fenty Beauty are finding success in China. But beyond the appeal of their founders, how do these labels stay relevant?