Former finance minister urges better regulation of the nation’s corporate sector and calls attention to the potential economic dangers of restricting carbon emissions.
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China’s CNOOC launches first offshore carbon capture project
China’s top offshore oil and gas producer, CNOOC, has launched the country’s first offshore carbon capture and storage (CCS) project in South China Sea, which is expected to store more than 1.46 …
As China’s economy slows, can consumers pick up the slack?
China’s economy is slowing. Industrial production and retail sales growth have both decelerated sharply in recent months, so which sector could be the swing producer of extra impetus in Beijing’s …
China’s Huarong posts $21.4 billion loss as leverage hit 1,333 times
Asset Management Co.’s long-delayed 2020 results showed a record loss, with leverage hitting 1,333 times and capital buffers far short of the r …
Pinduoduo Better Positioned Than Alibaba, Other Rivals In China: Why Cathie Wood’s Ark Is Bullish
Pinduoduo Inc (NASDAQ: PDD) is better able to improve its relationship with the Chinese government compared to rivals such as Alibaba Group Holding (NYSE: BABA) and JD.com Inc (NASDAQ: …
China Evergrande says it will not hold news briefing after H1 earnings
China Evergrande Group (3333.HK), the country’s debt-laden No. 2 property developer, said on Monday it will not hold a news conference after it reports its first-half earnings on Tuesday.
China’s AI unicorn SenseTime files for Hong Kong IPO
China’s biggest AI firm SenseTime filed Friday to go public on the Hong Kong exchange as China tightens scrutiny on overseas listings. The firm is planning to raise at least $2 billion in its IPO,…
Chinese A.I. firm SenseTime files for Hong Kong IPO despite tech crackdown and U.S. blacklist
SenseTime did not disclose the size of the IPO but is pushing ahead with a listing even as China tightens regulation for the country’s technology industry.
China’s software sector registers stable growth
China’s software and information technology sector saw steady development in the first seven months of the year, with its operating revenue continuing rapid growth, official data showed. The sector’s …
China declares further crackdown on crypto while North American Bitcoin miners earnings reach record highs
An official from the country’s central bank restated that Bitcoin and other digital assets are not legal tenders and have “no value.” Since the ban of crypto mining in China, Bitcoin miners in North …
485,000 x Radeon RX 470s returned to cloud mining company by China
China’s Supreme Court sided with Genesis Mining and will return 485,681 Radeon RX 470 8GB GPUs — but now they need new homes.
3 elements to boost China’s domestic cosmetics market development: e-commerce, young consumers, popular star product
China’s cosmetics market is in the development stage of “building brand power and differentiation”, from substitutes for big brands to unique products Read more.
China releases courier industry annual report for 2020
China’s courier industry ran smoothly in 2020 with a record business volume and a higher level of green development, according to an annual report released by the State Post Bureau. The sector handled …
