By Yantoultra Ngui SINGAPORE, June 11 (Reuters) – China Resources New Energy, the renewable unit of China Resources Power, aims to raise about 24.5 billion yuan ($3.62 billion) from a Shenzhen initial …
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Why It’s Nearly Impossible to Build a Robot Without China
Building on the country’s electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can’t match.
Beijing’s investment clampdown clouds outlook for Hong Kong banks and insurers
Analysts and financial executives say China’s crackdown could in the near term weigh on money flows to Hong Kong due to concerns about greater scrutiny of capital outflows.
Chinese energy official meets with Saudi Aramco executive in Beijing
The deputy head of China’s National Energy Administration met with an executive of Saudi Aramco in Beijing on Tuesday, the administration said in a statement on Thursday.
China Resources New Energy seeks $3.6 billion Shenzhen IPO to fund wind, solar projects
By Yantoultra Ngui SINGAPORE, June 11 (Reuters) – China Resources New Energy, the renewable energy unit of China Resources Power, targets to raise about 24.5 billion yuan ($3.62 billion) in proceeds …
Alibaba, JD.com Slide After Beijing Slams Price-Cut Promotions
Shares of Alibaba Group Holding Ltd. and JD.com Inc. slid in Hong Kong after China’s market watchdog reprimanded top Chinese e-commerce players for what it said were misleading sales promotions.
Is China’s Xi worried that North Korea wants “to confront the U.S.”?
A veteran North Korea analyst says Xi Jinping’s visit to North Korea was about keeping tabs on an emboldened Kim Jong Un who wants “to confront the U.S.” …
China Resources New Energy’s US$3.6 billion IPO smashes records on Shenzhen exchange
Wind and solar spin-off plans multiple renewable-energy projects amid China’s push to deepen its insulation from global oil-shock pressures.
China is propping up the world economy by importing a lot less oil
Clues are emerging in the mystery of the missing three million barrels—the oil that China would normally be importing but isn’t now.
US firms remain cautious about investing in China despite improved profits
Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year …
China’s control over indium phosphide exports threatens AI data centre rollout
By Laurie Chen and Liam Mo BEIJING, June 11 (Reuters) – Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim…
US Firms Wary of Investing in China Despite Improved Profits
US firms are still reluctant to step up investment in China despite improved profitability, according to a new survey, underscoring worries lingering from the nations’ trade fight.Most Read from Bloom …
Two House Republicans to meet with the leader of Taiwan’s Beijing-friendly opposition party
Two leading House Republicans are meeting with Taiwan’s Beijing-friendly opposition leader this week as she travels to Washington at a time when China is scrutinizing the Trump administration’s …
