CDT Environmental Technology Investment Holdings (CDTG), a provider of waste treatment systems and services in China, has downsized its proposed US IPO to $9M from $12M. CDT said in a filing that it …
Recent Posts
Maritime shipping company Himalaya upsizes proposed IPO to $45M
key routes will be Brazil to China and Australia to China. Himalaya first filed for the IPO earlier this month, indicating it was seeking to raise around $10M. Now read: Wellness services provider …
China spent $240 billion bailing out ‘Belt & Road’ countries – study
China spent $240 billion bailing out 22 developing countries between 2008 and 2021, with the amount soaring in recent years as more have struggled to repay loans spent building “Belt & Road” …
China to slash foreign researchers’ access to academic database
there are concerns that content — especially for sensitive research areas such as science and technology — will be censored. “Over the past few years, it’s been getting more difficult to get reliable …
China extends, improves tax relief policies for businesses
For self-employed individuals under the same condition, their corresponding individual income tax payments will be halved. For land used by logistics companies for bulk commodity storage, the land-use …
54 FDI proposals with investor/beneficial owner from China, Hong Kong pending for decision
Finance minister Nirmala Sitharaman on Monday informed the Lok Sabha that 54 FDI proposals with investor/beneficial owner from China and Hong Kong are pending for decision with the government …
China dominates 5G but spending tails off
China will hit 1 billion 5G users within a couple of years, new research shows, and operators may have already passed the peak of investment in the technology. The world’s biggest mobile market is set…
People’s Republic of China: CSRC Expanding Registration Based IPO Regime
The China Securities Regulatory Commission (CSRC) released a series of rules on reform of the regulatory regime for initial public offering (IPO) on Chinese stock exchanges (Reform). The Reform …
Tim Cook Touts Apple’s ‘Symbiotic’ Relationship With China Even as Tensions Rise
The next day, he attended the China Development Forum 2023, a government-organized annual business conference that was paused during the pandemic. At a keynote speech on March 25, Cook said Apple and …
Raccoon dogs, hedgehogs, and the wet market: The competing theories for COVID-19’s origins
Meanwhile, the Chinese government has spent three years variously claiming that COVID-19 only entered China through the frozen food “cold chain” rather than originating there, as it has pointed the …
Tim Cook touts Apple’s ‘symbiotic relationship’ with China during overseas visit
Cook was reportedly greeted with applause as he took the stage at the state-sponsored China Development Forum in Beijing in what was his first in-person trip to the country since the COVID-19 pandemic …
The latest US bank crisis is opening doors for China to assert global ascendancy, Yale economist says
The latest bank crisis is opening doors for China to raise its standing in the world, according to Yale economist Stephen Roach. He pointed to recent turmoil rocking the US banking sector, starting …
Bank failures have ‘increased’ threats to global financial stability, IMF says
China’s reopening was a leading reason behind the IMF’s improved economic growth forecast in January, but despite potential tailwinds to the global economy this year, the banking crisis has …