What do we know about the DiDi IPO? DiDI filed for its US IPO on June 10 2021 with an expectation to raise around 8 to 10% of its pre-IPO valuation. This could mean a…
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China: companies pivot away from study abroad
Covid-19 has resulted in large numbers of Chinese businesses pivoting away from study abroad services, research from the market intelligence agency BONARD has shown. BONARD found that many Chinese …
China releasing metals stockpiles in bid to cool inflation
The Chinese government says it will release copper, aluminum and zinc from stockpiles to increase market supplies in a fresh effort to restrain surging prices that officials warn might disrupt a busin …
China Blasts ‘Condescending’ U.S. and EU After Joe Biden Secures Firm Statement
Joe Biden’s post-summit statement with the EU addressed the “systemic rivalry” with China and touched on issues ranging from human rights in Xinjiang and Hong Kong to security in the Taiwan Strait.
China to release metal reserves to tackle price and shortage fears
The National Food and Strategic Reserves Administration has said it will dispense batches of copper, aluminium and zinc …
China’s ‘Uber For Trucks’ Startup Proposes To Raise About $1.6B In US IPO: WSJ
Chinese truck startup, Full Truck Alliance Co or Manbang Group aims to raise to $1.57 billion from its U.S. initial public offering (IPO), the Wall …
China Industrial Output, Retail Sales Growth Eases More Than Expected
Growth in China’s industrial production and retail sales eased more-than-expected in May, official data revealed Wednesday.
U.S. Talking to China on Boeing Max Approval, Raimondo Says
The Biden administration is engaging with China in an effort to win approval for Boeing Co.’s 737 Max planes, which remain banned in the country even as other jurisdictions have reauthorized it …
China Says Radiation Has Not Escaped Taishan Nuclear Plant: ‘There Is No Leak’
In a point-by-point rebuttal published online on Wednesday, China’s Environment Ministry said CNN’s reporting had an “erroneous concept” of nuclear safety.
China says fuel rods damaged at nuclear plant near Hong Kong, but no radiation leak
The Chinese government says that a nuclear power plant near Hong Kong had five broken fuel rods in a reactor but that no radioactivity leaked.
China to crack down on online fanclubs over bullying concerns
Operation launches to target fanclub culture that ‘adversely affects mental health of minors’, says watchdog …
China’s property investment up 18.3 pct in Jan.-May
China’s investment in property development rose 18.3 percent year on year in the first five months of this year, data from the National Bureau of Statistics showed Wednesday. ■ …
China’s May property investment growth slows as curbs bite
China’s real estate investment rose in May at its weakest clip this year as policy tightening on developers’ financing and mortgages …
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