The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to … (…
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Treasury Diverts Penfolds From China as 169% Duties Bites
Treasury Wine Estates Ltd. unveiled an emergency plan to find new markets for its best-known labels including Penfolds after China imposed crippling anti-dumping duties of 169% on its wine over the … ( read original…
Treasury Wine to Divert Labels From China as 169% Tariffs Bite
Treasury Wine Estates Ltd. is planning for years of negligible demand in China and will divert its marquee brand Penfolds to other countries, after anti-dumping duties came into force over the weekend … ( read…
Made Money On A China IPO? Be Careful About What Happens Next
It’s been a big year for Chinese companies raising money from IPOs and many foreign investors have done well. Yet China has been a mixed bag when it comes to governance among companies that list…
‘Our vision is to be among the world’s top five brands’
In the last decade, we have conquered the domestic market and in the next decade, our vision is to become a global brand.” At present, Walton — which manufactures a mindboggling array of gadgets ……
China powers up Hualong One, the first Chinese-developed nuclear reactor
The reactor, which was connected to the national grid on Friday, can generate 10 billion kilowatt-hours of electricity each year and cut carbon emissions by 8.16 million tonnes, according to China … ( read original…
China promotes sustainable, ecological marine farming with technology
Growing up on Changdao Island of the coastal city of Yantai in Shandong Province, Chen pioneered marine farming in 2013. More than 30 nautical miles away from the shore, the marine ranch called … (…
Chinese fast-fashion brand sells 30,000 super-cheap items to British girls every day
Few over the age of 30 will have heard of the clothes label Shein. Yet from its base 6,000 miles away on the Pearl River delta, this Chinese brand could soon be the biggest retailer…
Forget decoupling. China’s economy is wedded to globalisation
China has signalled its interest in large free trade agreements, even those led by the US or Japan. The RCEP is but a small gambit in China’s larger quest to connect its economy with the…
Bloomberg New Economy: Climate Czar’s Path Goes Through China
The U.S. will soon have its first climate czar, John Kerry, the former senator, secretary of state and almost-president. In explaining the role’s placement within the National Security Council, … ( read original story …)
Can China, Japan and South Korea follow RCEP with their own free-trade deal?
Beijing wants to resume talks on a trilateral pact that have often stalled over bilateral issues, and the recently signed RCEP suggests areas to discuss. ( read original story …)
China’s top mobile operators confident in 5G commercial rollout
The heads of China’s four major mobile operators reviewed the progress in the domestic commercial use of 5G since it was officially rolled out last November, during the opening ceremony of the second … (…
China Charges PlusToken Organizers in $2.3 Billion Crypto Scam
A Chinese court in the eastern province of Jiangsu charged organizers of PlusToken with building a pyramid scheme which collected billions of dollars worth of cryptocurrencies from members. ( read original story …)
