China’s industrial profits surged 28.2% year-on-year in October, the country’s National Bureau of Statistics announced Friday. ( read original story …)
Tagged By beijing
China Display Maker Ditches U.S. to Seek $1.8 Billion Local IPO
Chinese flexible display maker Royole Corp. is seeking to raise as much as 12 billion yuan ($1.8 billion) in an initial public offering on Shanghai’s Star Market board after its U.S. listing plan was ……
China’s industrial profits grow at quickest monthly pace since early 2017
China’s industrial sector has seen an impressive recovery from the coronavirus fallout, helped by resilient demand for the country’s exports. ( read original story …)
China sharply ramps up trade conflict with Australia over political grievances
Beijing imposed tariffs of up to 200 percent on Australian wine, escalating a dispute that its officials have made clear is over unmet political demands. ( read original story …)
China to impose temporary anti-dumping measures on Australian wine imports
Beijing’s latest move comes amid increasing tension after Canberra called for an international inquiry into the origins of the novel coronavirus. ( read original story …)
China to Charge 12 From Hong Kong Caught Fleeing by Boat
Chinese authorities said on Friday they are set to charge 12 people from Hong Kong with border violations after they were detained in China more than three months ago while trying to flee from the…
How Property Booms Eat Our Economic Future
An increasing body of research looking at the U.S. and Chinese real-estate markets suggests that long booms may drag on the productivity of the economy. ( read original story …)
How parent of BMW’s China partner drove to the brink of bankruptcy
In October 2003, the first China-made BMW 325i sedan rolled off a new production line owned by the German luxury brand and its joint venture partner, Brilliance, a subsidiary of provincially owned … ( read…
Shenzhen police complete probe into 12 Hongkongers
Shenzhen police say they have completed their investigation into 12 young Hong Kong people arrested for allegedly entering mainland waters illegally, and the case has been passed to prosecutors. ( read original story …)
Hong Kong customs seizes more than 160 diamonds worth HK$6.5 million from truck at Shenzhen border
More than 160 diamonds worth an estimated HK$6.5 million (US$840,000) have been seized during a Hong Kong customs inspection of a truck at a new border checkpoint, the largest bust of its kind in ……
Japan, China agree on economic ties, split over islands
China’s top diplomat has told Japan’s leader that Beijing wants the two Asian powers to have good relations and cooperate in fighting the coronavirus and reviving their pandemic-hit economies, but the … ( read original…
China toy maker Pop Mart looks past downturn to open $600 mln Hong Kong IPO -sources
Chinese toy maker Pop Mart International Group will aim to raise up to $600 million when it opens the books for its Hong Kong initial public offering (IPO) on Monday, two sources with direct knowledge…
Steak out: China’s coronavirus testing chokes beef trade
In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises … ( read original story…