While unleashing private industry, the ruling party has maintained an iron grip on political power, along with preferential policies toward state-run companies.
Tagged By beijing
China opens the world’s highest hotel with floors two times higher than the Eiffel Tower
The J Hotel Shanghai Tower claims to be the highest hotel in the world after opening on June 19 in Shanghai, China.
China blasts Japanese minister’s ‘sinister’ remarks about Taiwan
Beijing lodges diplomatic protest with Japan after defence minister calls island a ‘democratic country’ …
Chinese CPU Designer Loongson Wants to Raise $500 Million in STAR Market IPO
Loongson Technology Corp. Ltd. filed Monday for an IPO on Shanghai’s Nasdaq-style STAR Market, as the central processing unit (CPU) designer looks to raise 3.5 billion yuan ($544 million) amid a …
Futures Trading Software-Maker Seeks Shenzhen IPO
Chinese derivatives trading software provider Webstock Information Systems Co. Ltd. has applied for an IPO on Shenzhen’s Nasdaq-style ChiNext board, its second attempt to list its shares there. The …
China Blasts Japan After Official Sounds Beijing Threat ‘Wake Up’ Call
Japan’s deputy defense minister further irked China on Monday when he called on Tokyo and Washington to jointly “protect Taiwan as a democratic country.” …
China’s Unwanted Crypto Miners Look for New Home
Every autumn, Chinese Bitcoin miners leave their bases in the country’s hydropower-rich south to head north in search of cheap coal to fuel some of the world’s largest cryptomining operations. They …
China’s oldest crypto exchange exits cryptocurrency business amid government crackdown on Bitcoin mining
It may not be the biggest crypto exchange on the block like Binance, but it definitely has more history — BTC China (BTCC), which ran the first-ever Bitcoin exchange in China, has confirmed the …
Beijing nudges ‘Made in China, sold on Amazon’ model along in bid to help smaller exporters
Beijing will encourage its exporters to build up overseas warehouses and enhance cross-border logistics capabilities.
China initiates WTO dispute against Australian duties
China has initiated a dispute at the World Trade Organisation over Australian duties imposed on imports of wind towers, deep drawn stainless steel sinks and railway wheels from China, the WTO said on …
Coronavirus: from Iran to Japan, leaders are seen getting vaccinated. Why not in China?
They’re rolling up their sleeves in front of the cameras as they try to boost public confidence. But this goes against the Chinese political culture, where the health of leaders is regarded as a state…
China imports gasoline, gasoil amid good margins, volumes limited by quota: sources
China’s oil companies import rare fine gasoline and gasoil cargoes to get good margins in the domestic market, but limited oil product import quotas are likely to cap these inflows, market sources …
Didi Said to Guide Pricing U.S. IPO at Top of Range or Above
Chinese ride-hailing giant Didi Global Inc. is telling investors it plans to price shares in its U.S. initial public offering at or above the top of a marketed range, according to people familiar with …
