Though May import data points to a decent growth in dollar terms, its GDP is likely to plunge to 4 per cent While lockdown-related restrictions in parts of China in recent months caused a slowdown…
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China’s Securities Regulator Denies Conducting Review Of Ant Group’s IPO
China’s securities regulator said that it isn’t currently reviewing nor conducting research to revive the initial public offering of billionaire Jack Ma’s Ant Group, after multiple media reports …
China-made mobile phones gaining popularity in Russia
Major China mobile phone brands are seeing robust demand in Russia lately. Xiaomi, Realme and Honor alone accounted for almost half (42%) of Russia’s …
Beijing gives initial nod to revive Ant IPO after crackdown cools: sources
China’s central leadership has given billionaire Jack Ma’s Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said, in the clearest …
Alibaba leads tech slide in Hong Kong as China, Ant Group deny IPO revival plans while Nio sinks after EV forecasts underwhelm
Tech stocks lead a slide in Hong Kong on concerns Chinese authorities are still keeping a tight rein on the industry, tempering recent optimism about an easing in crackdown.
China’s Xi backs zero-Covid policy as Shanghai expands mass testing
President Xi Jinping said China must stick “unswervingly” to its zero-Covid strategy, as more than half of Shanghai’s 25 million lockdown-weary residents gird Friday for a weekend virus testing drive.
China’s foreign trade rebounds amid stronger economic recovery momentum
China’s foreign trade rebounded in May, a sign of overall recovery as the government’s policy package to stabilize the economy while containing COVID-19 resurgences started to pay off. The country’s …
China’s exports rebound in May
BEIJING: China’s exports grew at a faster pace in May than the previous month as Covid disruptions to production and logistics eased. Exports in dollar terms grew 16.9% in May from a year earlier, …
Senators Wary of China’s Tech Prowess Seek Competition Office
A bipartisan group of senators, including the head of the Intelligence Committee, is pressing to create a government office dedicated to ensuring the US keeps its competitive edge in key technologies …
China’s exports rise as Covid factory closures ease
China’s exports surged last month in encouraging signs that the world’s second largest economy is beginning to shrug off the impact of Covid-19 lockdowns (Mehreen Khan writes). Chinese exports rose 16 …
China’s Exports Rebounded in May as Covid Restrictions Eased
The surge, which was bigger than economists were expecting, suggests overseas orders for Chinese goods had piled up during previous months when pandemic measures shut factories and port traffic …
How will U.S. businesses survive China’s rise to power?
China is verging on toppling the U.S. as the world’s premier economic super-power and, by some metrics, has already achieved that status. A day-long summit at Utah Valley University on Thursday …
China to Send Squads to Coal Country to Ensure Price Controls
China’s efforts to subdue the price of its mainstay fuel … planners at the National Development and Reform Commission have warned of hefty fines and the cancellation of business licenses if its …
