Chinese electric vehicle (EV) maker Xpeng said on Thursday it has increased the size of its U.S initial public offering (IPO) by more than a third to about $1.5 billion, as global investors race to…
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Coronavirus: did diplomatic tensions scuttle China-Canada vaccine trial?
The process is not clear to the NRC, but CanSino does not have the authority to ship the vaccine at this time,” the council was quoted as saying. “Due to the delay in the shipment…
China-U.S. tensions on display in South China Sea and at RNC
“The U.S. has continued to provoke and sow troubles,” a Defense Ministry spokesman said. “The Chinese military will not dance to the tune of the U.S.” … ( read original story …)
Is the ‘Shopify of China’ Losing Its Momentum?
Its adjusted net income surged 73% to 146 million yuan ($20.7 million), or $0.35 per ADS — which also topped expectations by $0.11. But in the third quarter, Baozun expects its revenue to rise just…
China intercepts boat with activists suspected on board
Hong Kong media reports say Chinese authorities have arrested at least 10 people, including a Hong Kong pro-democracy activist, after its coast guard intercepted a speedboat believed to be heading to … ( read original…
Is it a good time for business between the U.S. and China?
The 37-year-old entrepreneur is a distributor for U.S. brand ScaleBlaster’s water-descaling system. Because of the U.S.-China trade war, he has to pay an additional 5% in tariffs to import goods into … ( read original…
China Fires Missiles Into South China Sea, Sending U.S. a Message
By Steven Lee Myers and Keith Bradsher China has fired a barrage of medium-range missiles across considerable distances into the South China Sea, Beijing’s latest move to demonstrate its strategic … ( read original story…
China’s Xpeng Motors raises $1.5 billion in bumper New York IPO
Xpeng Motors has raised more money than expected from its New York initial public offering despite the souring of US-China relations. ( read original story …)
China criticizes US sanctions over South China Sea buildup
China has accused Washington of violating international law by imposing sanctions on officials and companies over Beijing’s military buildup in the disputed South China Sea but gave no indication of p … ( read original…
Chinese EV Maker Xpeng Increases U.S. IPO Size to $1.5 Billion
Chinese electric vehicle (EV) maker Xpeng said on Thursday it has increased the size of its U.S initial public offering (IPO) to about $1.5 billion. ( read original story …)
China says halt of coronavirus vaccine partnership unrelated to Canada relations
China said on Thursday that the end to a partnership on a coronavirus vaccine between Chinese firm CanSino Biologics and Canada is unrelated to diplomatic relations between the countries. The Chinese … ( read original…
China’s offer of coronavirus tests for all in Hong Kong meets with public distrust
A Chinese government offer to test all Hong Kong residents for the novel coronavirus is meeting scepticism from the city’s medical community and public and is emerging as a politically charged issue … ( read…
40 years on, Shenzhen still China’s reform and opening-up paragon
Southern Chinese city of Shenzhen, a landmark in the country’s reform and opening-up drive, on Wednesday marked the 40th anniversary of the establishment of the special economic zone. Over the past … ( read original…