Alibaba has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion value it was targeting when it considered raising a …
Featured Posts Title
NATO Chief Predicts China’s Plan For Taiwan
Beijing disinformation defamed French Rafale jets to boost sales of China-made planes, intel says
China’s horrifying rush to buy key resources as Beijing spends £7.7bn in string of deals
‘As a Security Partner, China Is Not There’ for Iran
Neurobiologist Wang Jing returns from US to lead institute at China’s Shenzhen Bay Lab
China-EU trade row: Beijing bans European firms from major medical bids; says Brussels must end ‘discriminatory’ practices
China and Russia Keep Their Distance From Iran During Crisis
Recent Posts
Alibaba’s Grocery Unit IPO Put on Ice Amid Disappointing Valuation – Bloomberg News
Chinese brands show strong momentum post-pandemic
Tthe latest Kantar BrandZ China Top 100 ranking shows Chinese brands are gaining momentum. Tencent retains the top spot for the third year running with US$144 billion brand value, and fashion and …
Concerns about Apple in China hit two other Club stocks. Here’s where we stand on all three
Club holding Apple (AAPL) isn’t in danger of losing its footing, despite a recent market sell-off spurred by reports China is cracking down on iPhone usage.
With Xi and Putin absent from G20, Biden presses support for Ukraine and an overseas investment plan to counter China
President Biden was hoping to convince the world’s largest economies to rally behind Ukraine during Saturday’s Group of 20 summit in India while also pressing his case for American investment in the developing world.
Pentagon looking to develop ‘fleet’ of AI drones, systems to combat China: report
China has invested heavily in researching artificial intelligence and working to integrate it with military systems, allowing its armed forces free rein to experiment with the tech. The Pentagon wants the U.
Russia Seeks China, Saudi to Head Off New Financial Curbs
Russia is preparing a diplomatic offensive with countries it considers sympathetic, including China and Saudi Arabia, to fend off a push by Ukraine and its allies to further isolate Moscow from the …
China ‘Unlikely’ To Topple US As World’s Leading Economy, Says Mohamed El-Erian
China’s chances of becoming the world’s top economy might need rethinking, said Mohamed El-Erian, chief economic adviser at Allianz.
China jobs: as the iron rice bowl starts to crack amid mounting debts, can civil servants still put bread on the table?
With revenues from land sales falling by more than 20 per cent last year amid mounting debt, local governments are being forced to scale back public services Jobs with public sector or state-owned …
China emerges from deflation as August prices rebound
China briefly slipped into deflation in July for the first time in over two years, with prices falling 0.3 percent, year on year
Shenzhen residents affected by storm can get payments
According to the provisions, eligible residents can receive a one-time emergency assistance payment amounting to not less than two months of the city’s minimum living guarantee standard — 2,826 yuan …
China’s deflation pressures ease, more steps expected to spur demand
China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the economy.
China’s deflation pressures eases, more steps expected to spur demand
China’s consumer prices returned to positive territory in August while factory-gate price declines slowed, data showed on Saturday, as deflation pressures ease amid signs of stabilisation in the …
China’s Didi Q2 revenue grows as regulatory curbs ease
Revenues at China’s Didi Chuxing rose 52.6% for the April-June quarter from a year earlier to 48.8 billion yuan ($6.65 billion, as the ride-hailing firm emerged from a regulatory crackdown and demand rebounded with the…