JD.com’s U.S. shares fell 1.2% in pre-market trading. A prolonged property sector crisis, a macroeconomic slowdown and heightened job insecurity have hammered consumer confidence in China, hurting …
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Sunac China offers debt restructuring options to mainland China creditors
Chinese property developer Sunac China said on Thursday it has proposed a debt restructuring plan for bondholders, offering four options including a cash tender offer and payment via equity and equity …
China’s JD.com misses quarterly revenue estimates amid weak consumer spending
Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending. A prolonged property sector crisis, …
Will China Lift Its Crypto Ban Amid Donald Trump’s Policy Shift?
HashKey CEO and Chairman sparked speculations over a potential lift of China crypto ban, as global interest soared towards digital assets after Donald Trump’s US election win.
Rubio pick signals a Trump China policy that could go beyond tariffs
WASHINGTON, Nov 14 (Reuters) – With his nomination of China hardliner Marco Rubio for secretary of state, U.S. President-elect Donald Trump has signaled his policy toward Beijing could go beyond his …
Trump Changed the Game With China. Now He Could Win It.
Mr. Singleton is a China analyst and senior fellow at the Foundation for Defense of Democracies in Washington. Donald Trump’s first term signaled a historic shift in U.S. policy toward China. His …
Exclusive: China’s Zeekr to take control of sister brand Lynk, sources say
Chinese premium electric vehicle maker Zeekr plans to take control of Lynk & Co, a sister brand owned by Geely and Volvo Cars, two sources with direct knowledge of the matter said.
China’s president will unveil a megaport in Peru, but locals say they’re being left out
China’s President Xi Jinping inaugurates the port Thursday during the Asia-Pacific Economic Cooperation forum in Peru. The development — expected to encompass 15 quays and a large industrial park …
China’s domestic stimulus policy is ‘more important’ than tariffs, geopolitics: AllianceBernstein
John Lin of AllianceBernstein discusses the Chinese government’s stimulus plans and says that he expects more “forceful, impactful” property measures to come “sometime in the future”.
Here Is One Telling Sign Of White-Hot Cava IPO’s Momentum
Mediterranean chain Cava raised full-year outlook as well. Q3 sales jumped 39%, accelerating from Q2’s pace. Groupon (GRPN) delivered earnings and revenue surprises of 232% and 3.82%, respectively, …
How Beijing Took Control of Hong Kong’s Financial Hub—and Left the West Behind
West investment hub has become more Chinese as international financial institutions, corporations, and expatriates retreat
Beijing Has Already Prepared for Trump’s Return
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The US-China tech race is moving from chips to the raw materials they’re made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say the race for AI dominance is like a new Cold War.