The rapid growth of J&T Express, which is also seeking an IPO in Hong Kong, and Pinduoduo has affected Cainiao’s orders, according to Li Chengdong, founder of Dolphin Think Tank in Beijing. “Cainiao …
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Alibaba’s Cainiao to heat up China’s logistics industry after US$1 billion IPO
Alibaba’s Cainiao, one of founder Jack Ma’s grand projects, to heat up China’s logistics industry after US$1 billion IPO in Hong Kong, analysts say
The rapid growth of J&T Express, which is also seeking an IPO in Hong Kong, and Pinduoduo has affected Cainiao’s orders, according to Li Chengdong, founder of Dolphin Think Tank in Beijing. “Cainiao …
China to step up anti-graft efforts for better economic development, says Xinhua
China will step up anti-corruption efforts in state-owned companies and the financial sector to increase their economic contributions, state news agency Xinhua reported on Wednesday, citing a …
From AI to to data leaks, cyber dangers threaten China’s infrastructure, state security chief warns
The risks are growing and their effects could be dire for transport, energy, finance and communication, Chen Yixin says.
China’s strong metal imports not as bullish as they seem
Robust copper and aluminum imports come with important caveats and the broader metals trade picture is far more mixed
China pulls down APAC IPO activity in first eight months of 2023, reveals GlobalData
Murthy Grandhi, Company Profiles Analyst at GlobalData, comments: “The substantial decrease in IPO activity can primarily be linked to the slower-than-anticipated economic recovery in China, which …
Mitsubishi plans to end automobile production in China amid sluggish sales- report
Mitsubishi (MMTOF) has decided to stop production in China due to slow sales and the increasing demand for electric vehicles (EVs), Nikkei Asia reported on Wedn …
China Mobile Teams up with Huawei to Deploy the First FTTR-B Network on Mount Everest
China Mobile Communications Corporation Co., Ltd. (China Mobile) and Huawei have successfully deployed an FTTR-B network for the tourist base camp and hotel on Mount Everest [Tibetan name: Mount …
China vows ‘more powerful’ policy supports after August industrial profits rebound
China’s central bank pledged on Wednesday to provide “more powerful” policy support for the real economy and maintain a “healthy” property market, as the rebound of the country’s industrial profits provided further signs of economic…
AmCham report: US firms upbeat on China business prospects
American companies remain generally optimistic about business prospects in China, according to the latest 2023 China Business Report by AmCham Shanghai.
Philippines says it will remove any sea barrier China installs in the disputed South China Sea
A Philippine admiral says Filipino forces will dismantle any floating barrier that China’s coast guard may install in the disputed South China Sea. Philippine Vice Adm.
Beijing Enterprises Water Group Ltd: A Deep Dive Into Its Dividend Performance
Beijing Enterprises Water Group Ltd (BJWTF) recently announced a dividend of $0.07 per share, payable on 2023-10-19, with the ex-dividend date set for 2023-09-27. As investors look forward to this …
China’s Ambitious Chip Fund Faces Headwinds Amid Economic Challenges and US Restrictions
China’s latest effort to bolster its semiconductor industry faces challenges in its initial stages, struggling
