Chinese Premier Li Qiang is set to meet with Russian leaders in Moscow Wednesday during a four-day trip to Russia and its ally Belarus as Beijing shrugs off Western criticism of its robust Kremlin …
Tagged By beijing
China bans risky trusts from selling wealth products for LGFVs
CHINA told some trust companies to stop raising money from individuals to fund local government financing vehicles, according to people familiar with the matter, in its latest effort to curb growing financial risks.
China’s Real Estate Sector in Decline
This chart shows the operating profit and number of finished apartments of real estate developers in China (in billion Chinese Yuan).
LVMH’s Sephora Cuts Around 10% of Staff in China as Woes Deepen
Cosmetics retailer Sephora is cutting hundreds of staff in China, according to people familiar with the matter, as one of LVMH’s biggest brands tries to turn around a loss-making operation in the …
China opens investigation into EU dairy exports as trade tensions flare
The Commerce Ministry previously opened investigations into European brandy and pork exports at various stages of the EU investigation into Chinese subsidies for electric vehicles. The tit-for-tat …
Shenzhen Stock Exchange rejects Das Solar’s listing plan
China’s Shenzhen Stock Exchange has terminated Das Solar’s initial public offering (IPO) application in response to the withdrawal of its sponsor, Sinolink Securities. The decision ends Das Solar’s …
China Launches Anti-Subsidy Investigation Into EU Dairy Imports
China has launched an antisubsidy investigation into dairy imports from the European Union, marking the latest escalation in trade tensions between the two sides.
In the News: Nasdaq Tightens Chinese Listings; China Tax Evasion; and US Closes Tariffs Loophole;
Nasdaq questioned the identities and backgrounds of Chinese IPO investors; China rolls out new phase of Golden Tax System; and U.S. Congress attempts to prevent Chinese companies from using de minimis …
China says it is ‘seriously concerned’ about US nuclear strategic report
China is seriously concerned about a report that said the United Stated approved a nuclear strategic plan to focus on China’s rapid expansion in its nuclear arsenal, the Chinese foreign ministry said on Wednesday.
China begins exporting innovative all-electric equipment — and it could revolutionize the construction industry
It’s no surprise that China has been developing new technologies to better serve the global environment, especially in the notoriously polluting cement and concrete industries, which make up 8% of the world’s planet-heating carbon pollution,
Hong Kong bourse posts first profit growth in three quarters as IPO activity gains momentum
Hong Kong Exchanges and Clearing (HKEX) 0388.HK has recorded its first profit growth in three quarters, achieving record revenue and income for the April-June period amid a resurgence in IPO and …
Walmart exits JD.com to focus on its own China business
Walmart (NYSE:WMT) has disposed its near 10% stake in JD.com (NASDAQ:JD), it disclosed in an exchange filing, sending the Hong-Kong listed shares of the Chinese e-commerce firm down 9.6% on Wednesday.
China has cut new coal power plant permits by nearly 80%, Greenpeace says
Analysts at the Helsinki-based Centre for Research on Energy and Clean Air believe China’s carbon emissions may have peaked in 2023. They report emissions fell 1% year-on-year in the second quarter of …
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