Wang Yun’an, the 38-year-old founder of Guming Holdings, is on the cusp of becoming a billionaire as his company prepares for an initial public offering in Hong Kong.
Tagged By beijing
AstraZeneca shareholders say they need clarity on China investigations
AstraZeneca investors will look past another strong set of quarterly results on Thursday to focus on the main issue overhanging shares: an investigation of a top executive by authorities in China, one of its key…
China has delayed or redirected 600,000 tons of wheat imports, sources say
China has delayed imports of up to 600,000 metric tons of mostly Australian wheat and offered some of these cargoes to other buyers as ample domestic supplies reduce demand in the world’s top buyer of…
Japan’s Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government.
Crypto AI investors dump $2.5B as China retaliates to Trump trade war with NVIDIA, Google probe
The artificial intelligence (AI) cryptocurrency sector nosedived on Tuesday, posting an 8.5% decline that wiped out more than $2.5 billion in market capitalization. The sell-off came in response to …
USPS temporarily suspends some inbound packages from China, Hong Kong
The change comes after President Donald Trump announced new tariffs that also target a popular trade loophole, called “de minimis.” …
USPS temporarily suspends accepting packages from China and Hong Kong
The United States Postal Service announced Tuesday night that it is temporarily suspending accepting packages sent from China and Hong Kong until further notice. The suspension is effective immediately, the USPS said. Letters and flats…
USPS suspends inbound packages from China, Hong Kong Posts
The United States Postal Service announced on Tuesday it will temporarily suspend international package acceptance of inbound parcels from China and Hong Kong Posts “until further notice.” The suspension, which takes effect immediately, was announced…
Shares of China tungsten producers rally on Beijing’s latest export curbs
Shares of major Chinese tungsten producers rallied on Wednesday as markets reacted to Beijing’s latest critical mineral export controls on the first day of trading after the week-long Lunar New Year …
Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports
A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array of products.
China to launch antitrust probe into Google
China said on Tuesday it will launch an antitrust investigation into Google over alleged anti-monopoly practices. The country’s State Administration for Market Regulation said that it would initiate an investigation into the technology giant because…
From lip balm to sneakers, here’s how Trump’s China tariffs could raise prices
U.S. consumers could start seeing price hikes on a wide variety of goods made in China after the United States began collecting a 10% tariff Tuesday on all Chinese imports, reigniting a trade war between…
More tweaks ahead for property policy
“To resolve real estate market risks, it is necessary to gradually shift from simply safeguarding housing project deliveries to fully supporting qualified enterprises,” said Zhang Ming, deputy …
