SEOUL: South Korean fintech company Kakao Pay Corp said on Friday (Sep 24) it has decided to push back its planned initial public offering (IPO) worth up to 1.5 trillion won (US$1.28 billion) to …
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China’s tire exports regain momentum in August
China’s ‘new rubber tire’ exports regained momentum in August following a decline earlier in July. The country exported 53 million tires in August 2021, up 14% on the same month a year ago, according …
Crypto adoption is a ‘huge challenge,’ says Chinese central bank exec
The rapid adoption of Bitcoin and stablecoins poses a major challenge for the traditional financial system, a payment exec at the People’s Bank of China has warned.
Timeline: China Evergrande’s snowballing debt crisis
Debt-ridden property developer Evergrande Group missed a dollar bond interest payment deadline, moving closing to a potential default and fuelling worries that a collapse could send shockwaves through …
An Insider Details the ‘Black Box’ of Money and Power in China
A memoir by a well-connected businessman offers insights into the Communist Party’s thinking as it tightens its grip on the private sector.
U.S. firms in China confident despite COVID-19 and bilateral tensions
Most U.S. companies operating in China are confident about their business prospects in the country despite the COVID-19 pandemic and stagnant China-U.S. relations, according to a survey released by …
GQLab, COACH China and ZKBox, Collaborate to Release Brand’s First NFT Fashion Project in China
ZKBox, a Layer2 NFT protocol based on ZK-Rollup technology, today announced a new collaboration with luxury brand COACH China and GQLab, …
China brand sparks backlash for “welcome to hell” kid’s shirt
A popular Chinese clothing brand has apologised for producing a shirt for children with phrases such as “welcome to hell” and “let me touch you” on it. JNBY has pulled the item – which also…
China adds nearly 41 mln 5G subscribers in August
China Mobile led the growth in mobile subscribers in China in August, with a net increase of 3.95 million in the month, and remains the largest operator on the local market with a total of…
China steps up Australian wheat imports despite trade standoff
China buys Australian wheat as output falls elsewhere * Buying comes despite trade friction with Canberra * Australian wheat crop seen near record for second year * Chinese buying of 2021/22 …
Aug’21 China CPL & nylon 6 chip imports narrowly recover
According to the Customs, China imports 5.58kt caprolactam in August 2021, down 82% from the same period of last year, but up 97% month-on-month. The … [RISK DISCLAIMER] All opinions, news, analysis …
New light emerges from China’s shadowy shoppers
Cross-border traders known as daigou have been hurt by the pandemic, curbing sales of everything from A2 milk powder to Gucci handbags. Shrinking this once-thriving grey market will come at a cost, as …
WIPO expert says China is becoming a global innovation leader
A consistent innovation policy, increased spending on education and science and the ability to translate all these into sound results are behind China’s current role as a global innovation leader, a …
