Canada Goose, the Canadian maker of parkas it claims are designed to keep wearers toasty warm in the “the coldest places on Earth,” is the latest foreign brand targeted by Chinese regulators. China’s …
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US authorities seize more fake COVID vaccine cards sent from China
Two more shipments of fake COVID-19 vaccinations cards from China have been seized by US authorities. The latest batch of bogus cards were intercepted by Customs and Border Patrol officers in …
China’s Beauty Sector Investment Spree Continues
Chinese perfume label, Scent Library, has secured investment from Spanish perfume and beauty giant Puig, according to Chinese business media platform, 36Kr. The Series B round is said to have raised …
Is China’s Evergrande Group Too Big to Fail?
In a year marked by defaults, the potential collapse of China’s second largest property developer offers insight into Beijing’s changing attitude on bailouts and financial risk.
China reacts with fury after Australia signs a security alliance with the US and UK
China’s Washington DC embassy spokesman Liu Pengyu accused the nations of adopting a ‘Cold War mentality’ towards China.
China Says It Has ‘Too Many’ EV Companies
The last two decades have seen China rapidly become a major player in the automotive market. However, when it comes to electric vehicles, it appears the government may be concerned at the level of …
Jim Cramer confident SEC chair Gary Gensler will wisely regulate crypto, China IPOS and SPACs
“Mad Money” host Jim Cramer expressed confidence Wednesday in Securities and Exchange Commission Chairman Gary Gensler to wisely lead the securities regulator as it evaluates concerns on …
Analysis: China’s biotech sector comes of age with big licensing deals, global ambitions
If investors in China’s biotech industry needed one more sign that the sector is coming of age, then a major licensing deal RemeGen Co Ltd (9995.HK) struck last month with Seattle-based Seagen Inc …
U.S. will share nuclear submarine technology with Australia as part of new alliance, a direct challenge to China
President Biden, along with the leaders of the U.K. and Australia, unveil a new three-way defense alliance, which will be known as AUUKUS.
Australia To Get US Nuclear Submarine Technology As China Looms Large
The United States, Britain and Australia said on Wednesday they would establish a security partnership for the Indo-Pacific that will involve helping Australia acquire nuclear-powered submarines, as …
China’s Big Tech pledges support to common prosperity: By choice or design?
Post a regulatory crackdown, tech CEOs are pledging moral and monetary support for the CPC’s “common prosperity” programme …
GreenSky, Steel Dynamics rise; Yum China, Live Nation fall
Stocks that traded heavily or had substantial price changes Wednesday: Microsoft Corp., up $5.03 to $304.82. The software maker raised its dividend and announced a $60 billion stock buyback plan.
Biden and UK to help Australia acquire nuclear submarines in new pushback on China
President Joe Biden on Wednesday unveiled a new effort to help Australia acquire nuclear-powered submarines, a major step toward countering China as he works to build int …