India’s PLI scheme for the auto sector has been brilliantly structured and timed, removing the cost edge that Chinese manufacturers enjoyed. Along with the ₹18,000 crore PLI scheme for batteries, it i …
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Alibaba shares slump 5% on Beijing’s scrutiny of Ant Group
BEIJING (AFP): Shares in Alibaba slumped more than five per … which saw a record-breaking planned IPO by Ant Group pulled at the last minute. Bloomberg described the fresh investigation as “by far …
Regional Law Firms Secure Mandates Amid a Revival of Chinese IPOs in US
The IPOs range from US$1 million to US$35 million … by Chinese companies came to a grinding halt last year when the Cyberspace Administration of China (CAC) announced that it had launched an …
Alibaba shares slump 5pc on Beijing’s scrutiny of Ant Group
BEIJING, Feb 22 ― Shares in Alibaba slumped more than five … which saw a record-breaking planned IPO by Ant Group pulled at the last minute. Bloomberg described the fresh investigation as “by far …
China has 757 million 5G users in January, the world’s largest
The growing users will be the key to laying the foundation for the technology to reach its scale efficiency soon in the country. The total number of China Mobile’s 5G users hit 401.27 million as…
China is interested in Ukraine’s defence-industrial complex, says report
Kharkiv has significant relevance for China, as it is home to Ukrainian enterprises dealing with defence technology including tank engines and other hardware. Notably, China supplies Ukrainian T-80UD …
China allows corn imports from Myanmar – customs
BEIJING, Feb 22 (Reuters) – China has allowed corn imports from Myanmar from Feb.18, the General Administration of Customs said on its website, as China seeks to diversify its grain origins, with …
Business of health products should be healthier
China’s health products’ market today is a 300 billion yuan ($47.41 billion) business. Growing at double digits a year, the industry is expected to be worth 1,000 billion yuan in 10 years. But the …
Crypto Firm Amber Gets Temasek Funding at $3 Billion Valuation
Singaporean state investment firm Temasek Holdings Pte was among investors in a funding round that valued cryptocurrency-trading platform Amber Group at $3 billion, just weeks after the city-state …
Why China should clarify requirements for cybersecurity review of Hong Kong IPOs
The new regulation had one ambiguity – whether listings in Hong Kong should be subject to the same cybersecurity review as listings in New York or London Other regulators, including the China …
Is China’s lithium quest fuelled by business or politics, and how far will it go to secure ‘white gold’?
South America’s Lithium Triangle contains more than half of the world’s reserves of the critical metal that is used in batteries, but its sourcing has been politicised amid geopolitical tensions with …
50 Years Ago When Nixon Went To China It Forever Changed American Business
It was 50 years ago – today – when Richard Nixon sat down and met face to face with Mao Zedong. It was all about politics – the Vietnam War, the Soviets, the upcoming US…
Trade deficit with China worsens with $23 bn imports in 2021
Nigeria has topped the chart amongst African countries importing from China in 2021 with imported goods valued at $23 billion …