China has released all Mintz employees who had been held in detention for two years since a raid on its Beijing office in March 2023, a spokesperson from the US-based due diligence firm Mintz Group…
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China’s steel market is still in thrall to bleak property data
LONDON] Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the building industry. Read more at The Business Times.
Alibaba chairman says China business more confident since Xi’s tech summit
Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a tech summit led by President Xi Jinping.
China courts American, European multinationals amid growing global trade tensions
China reassured executives from American and European firms, including Apple, Qualcomm, Mastercard, Pfizer and AstraZeneca, that the world’s second-largest economy is open for business amid a looming …
China’s Xiaomi raises $5.5 billion in share sale as EV plans ramped up
China’s Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans. The company sold 800 …
Inaugural Fuhai Cup Basketball Tournament Concludes in Shenzhen with Nitto Precision Team as Champions
On March 23, the basketball gymnasium of the Southern University of Science and Technology Affiliated High School in Fuhai Street, Bao’an District, Shenzhen echoed with cheers and applause, marking …
China’s Xiaomi to raise $5.5 billion in placement for business expansion
China’s Xiaomi Corp said on Tuesday it is looking to raise an aggregate of HK$42.6 billion ($5.48 billion) via a placement in a bid to accelerate business expansion.
China’s LNG import plunge comes at just the right time for Europe
China’s imports of liquefied natural gas have sputtered this year, freeing up volumes that are helping Europe restock its rapidly dwindling supplies following a harsh winter.
Hong Kong ETF issuer says China is preparing a shift into Bitcoin and crypto
Hong Kong exchange-traded fund (ETF) issuer Hashkey Capital CEO Chao Deng says the Asian country is looking into Web 3 and crypto and might reconsider its stance on digital currencies. Although crypto …
Canada says China and India may seek to meddle in election
China and India are likely to try to interfere in the Canadian general election on April 28, while Russia and Pakistan have the potential to do so, the country’s spy service said on Monday.
China’s CPIC Rolls Out $100M Tokenized Fund with HashKey as RWA Trend Expands in Asia
Asset tokenization is a red-hot sector in crypto as asset managers around the globe are increasingly leveraging blockchain rails for traditional instruments like bonds and funds.
Chinese-Owned Brands Gain Momentum In Europe’s EV Market, Collectively Outsell Tesla
Chinese-owned brands outperformed Tesla in the European car market in February. Tesla registered 15,700 EVs last month compared with 19,800 for Chinese brands. BYD, Polestar and XPeng all gained …
The U.S. is not prepared to win an economic war against China-built containerships, farmers, ocean carriers warn
The US wants steep fines on Chinese vessels to revive domestic shipbuilding, but the economy, from farmers to ocean carriers, say a huge price will be paid.
