SHANGHAI (Reuters) – Sales of new energy vehicles (NEV) in China, the world’s biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, the State Council said…
Tagged By beijing
EMERGE 2020 | Central mandates are China’s edge for decentralized ledgers
China’s blockchain developers are riding a wave of state … “But out of that, innovative things will emerge.” Crypto investors are also misallocating funds in exchanges, Graham said. He cited the … ( read original…
Retail Investors Placed Bids for Record $3 Trillion of Shares in Ant Group’s IPO
Retail investors placed bids for a record $3 trillion of shares in Ant Group Co. Ltd.’s dual listing in an unprecedented show of interest by mom-and-pop … ( read original story …)
What Ant Group’s world beating IPO means for Asia’s mobile payment giants
The Chinese behemoth spies great riches in the untapped market of Southeast Asia, but home-grown unicorns like GoPay and GrabPay will put up fierce resistance – as will smaller players who decide to … (…
China Evergrande shares jump after developer raises $2.2bn
Shares in China Evergrande jumped on the back of an asset sale that generated $2.2bn in cash and helped to ease investor concerns over the financial health of the world’s most indebted property … (…
China Evergrande sells Guanghui stake to Shenergy in asset disposal plan after breaching central bank’s ‘red lines’ on debt
China Evergrande Group, the world’s most indebted real estate developer, has agreed to sell an investment a little more than two years after buying it, part of its asset disposal programme to generate … (…
China blue-chips end higher on rising factory activity
SHANGHAI, Nov 2 (Reuters) – China blue-chip shares finished higher on Monday after a private survey showed the fastest acceleration in Chinese factory activity in nearly a decade, the latest … ( read original story…
Asian shares buoyed by upbeat China factory activity, oil drops
Asian shares bounced off one-month lows on Monday helped by Chinese factory activity expanding at its fastest pace in a decade, while oil prices skidded as many Western countries slid back into … ( read…
Sailing: China’s Li Quanhai named president of World Sailing
World Sailing named long-term board member Li Quanhai as its new president, making him the first person from China to take up the role. ( read original story …)
Will never forget what China did to US: Trump
President Donald Trump has said that the US will never forget what China did to it by failing to prevent the spread of the coronavirus pandemic which he said has devastated America’s economy. ( read…
China Rejects Australia’s Appeal to Remove Barley Import Tariff, Say Sources
China has rejected Australia’s appeal to scrap a tariff on its barley exports, two sources familiar with the matter told Reuters, all but closing the door on a trade worth about A$1.5 billion ($1.05 ……
Breakingviews – China’s latest five-year plan girds for battle
China’s latest five-year blueprint suggests President Xi Jinping is girding for battle. Despite the recent economic rebound from the pandemic, the tone from the ruling Communist Party’s closed-door … ( read original story …)
Blockchain Investment Matchmaking conference successfully held in Chengdu
In Chengdu, over 266 enterprises with blockchain in the business world. Among them, there has been an explosive growth from 2018 to 2019, … ( read original story …)
