Chinese gaming stocks rose on Wednesday to outperform a weak broader market, after Reuters reported China removed a gaming regulatory official.
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China’s gaming stocks climb on report regulatory official removed
Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses
A dearth of initial public offerings in Hong Kong is causing companies to suffer cash crunches and put off expansion plans.
China unveils guideline to improve processing trade
BEIJING – Chinese authorities have rolled out a guideline to improve the development of the processing trade. The guideline, released by the Ministry of Commerce (MOC) and nine other government …
Two key military appointments from China’s naval ranks reflects Xi’s territorial ambitions, analysts say
When Xi Jinping named Adm. Dong Jun as China’s defense minister last week, it marked the first time a naval officer has been elevated to that position, and analysts say it gives a clear indication…
China’s capital rolls out no-no list for officials dealing with Beijing’s entrepreneurs, but more needed to tackle ‘sore points’
Municipal commission for discipline inspection in Beijing lists 10 categories of wrongdoing for its officials when dealing with entrepreneurs in the Chinese capital amid efforts to jump-start the …
China could be on track to dominate the world’s EV market, even if not in the U.S.
Chinese automaker BYD likely beat Tesla’s total vehicle sales in 2023, making it the world leader in clean energy vehicles.
FTAs spur China’s trade, partners’ economies
To further enrich bilateral business ties, China signed FTAs with Serbia and Ecuador in 2023. Once these FTAs come into effect, as much as 90 percent of the goods traded between China and Ecuador will…
Passenger drone center launched in Shenzhen
Photo/VCG] China’s tech hub Shenzhen has launched the nation’s first urban air mobility demonstration center, marking a substantial leap forward for aerial sightseeing services. The UAM center …
Wang hits buzzer-beater to lift Shanghai past Shenzhen
Troy Gillenwater pocketed 37 points and nine rebounds, helping the Shandong Heroes edge the Ningbo Rockets 109-103, while Wang Zhelin’s last-second three-pointer sealed a 112-111 victory for the …
China’s unsafe interceptions of US military aircraft have dropped off, defense officials say
China’s unsafe interceptions of US military aircraft have dropped off amid signs relations with Beijing are improving, two US defense officials told CNN.
China removes official after video games rules spark turmoil -sources
China removed an official at a government body overseeing its press and publications regulator, five sources who were briefed on the matter said, days after Chinese gaming stocks were hit by proposed …
KFC, McDonald’s and Starbucks investing heavily in China
KFC China’s parent company opened its 10,000th restaurant in China this month and aims to have stores within reach of half of China’s population by 2026.
China urges more babies, but many women resist
Chinese President Xi Jinping has urged women to have more children as the nation grapples with an aging population and a record decline in the birth rate. Not all women agree with this, though.