Cryptocurrency exchange Huobi Global could cut over 30% of its workforce after the removal of Chinese users created a sharp drop in revenue, according to China-based crypto journalist Colin Wu. Huobi …
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G7 takes aim at China over ‘market-distorting’ practices
G7 leaders on Tuesday condemned China’s “non-transparent and market-distorting” international trade practices in an end-of-summit statement billed as “unprecedented” by the United States.
Stocks rise on Wall Street as China eases quarantine rules
Stocks rose broadly in morning trading on Wall Street Tuesday and gave major indexes a solid push higher following a wobbly start to the week.
China unveils major sci-tech issues of 2022
The 24th Annual Meeting of the China Association for Science and Technology opened on June 26,2022 in Changsha, central China’s Hunan Province. (Xinhua/Chen Sihan) CHANGSHA, June 28 (Xinhua) — The …
China News, Higher Bank Dividends May Lead To Strength On Wall Street
The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to move back to the upside …
How niche international beauty brands can succeed in China
It’s a daunting but vital market for young global beauty brands to break into. The right local partners and marketing strategy can pay off.
Tuya Seeks Hong Kong IPO To Hedge U.S. Delisting Risk, But Investors Are Wary
With the possibility of being forced to delist from the U.S. market by the SEC, Tuya is primarily seeking a safe harbor and only aims to raise a conservative HK$140 million.
The Rise and Precarious Reign of China’s Battery King
Insiders point out that Zeng is operating in an environment where notoriety could hinder, not help, his business. “In the West, the personality-cult style of leadership is something that’s valued, …
Why China Unicom Hong Kong passes three vital dividend tests
For investors right across the market-cap range, decent dividends are a pointer to potentially good quality stocks – but is this the case at China Unicom Hong Kong (HKG:762)? The hard part is knowing …
A Cold War with China, Global Warming, and Why We Can’t Have Nice Things
Most of the actors in China’s manufacturing export boom in the first decade of this century were low-paid (by US standards) and relatively uneducated workers in factories. In this story of …
Xi Jinping says China has consulted millions of citizens about its government as part of a ‘whole-process democracy’ that Beijing claims is better than the West’s
While Xi claimed that 8.54 million opinions had been gathered, it’s unclear if the views accurately represent the “people’s voices.” …
New issuers line up for Hong Kong IPOs
Five Chinese companies took their Hong Kong IPO plans to the next step this week despite a difficult market environment. Weilong Delicious Global Holdings and Miniso Group have passed their listing …
Africa’s dream of feeding China hits hard reality
President Xi Jinping announced a raft of initiatives to boost China’s imports from Africa to $300 billion over the next three years and $300 billion a year by 2035. In theory, agriculture is one the…
