Several Western media outlets have reported the disappearance of Jack Ma, China’s most prominent businessman, and co-founder of e-commerce and entertainment giant Alibaba. Some reports claim Ma … ( read original story …)
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Jack Ma’s disappearing act fuels speculation about billionaire’s whereabouts
Alibaba founder Jack Ma’s absence from public view in the past two months, including missing the final episode of a TV show on which he was to appear as a judge, has fueled social media…
China Delistings Threaten $144 Billion U.S. Fundraising Boom
Chinese companies have turned to the U.S. stock market for capital and international prestige, raising at least $144 billion from some of the world’s largest investors. ( read original story …)
China’s Three Big Telcos Slide on NYSE Move to Delist Shares
China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it’s delisting them to comply with a U.S. executive order that sanctioned companies … ( read original story …)
EU, China sign investment treaty
The European Union and China have agreed in principle an accord to facilitate greater levels of EU investment in the Asian country. The treaty includes clauses … ( read original story …)
Billionaire Jack Ma Disappears From Public View After China’s Crackdown on Alibaba
The country’s third-richest man missed an appearance as the star judge of a reality TV show he created and hasn’t been seen in public in two months. Chinese billionaire Jack Ma, f … ( read…
How China Will Shape the Fashion System
While the industry in the West is struggling to tamp down COVID-19, China’s digital-first and fast-paced retail cycle is pulling ahead to better cater to its fashion lovers. The country ov … ( read original…
China’s Manufacturing Growth Moderates In December
China’s manufacturing sector growth moderated at the end of 2020 as output and new work logged slower expansions, survey results from … ( read original story …)
China manufacturing sentiment in December remained strong but pace of expansion eased
Activity among China’s smaller manufacturers decelerated slightly in December as the economy rounded out its 2020 recovery from the coronavirus outbreak, a private survey showed on Monday. The … ( read original story …)
China’s Three Big Telcos Slide on NYSE’s Move to Delist Shares
China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it is delisting them to comply with a U.S. executive order that sanctioned companies … ( read original story …)
China telco shares lose 5% in first trading day since NYSE delisting announcement
The NYSE on Thursday said it would delist China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd following the U.S. government’s move in November to block investment in 31 firms that…
China Might Be the New Movie Capital of the World
China sold more movie tickets than the U.S. in 2020 for the first time ever . North American box office sales plunged 80% to $2.3 billion, the lowest sum in 40 years (not adjusted for…
China’s Wintry Cold Lifts Diesel Use as Factories Buy Generators
A frigid winter is leading to power shortages in parts of China, driving up demand for diesel as factories rush to install generators to keep the lights on. ( read original story …)
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