But that’s after shares plunged in the last few weeks following news the company is scrapping plans for a highly anticipated cloud business IPO. And it’s increasingly apparent that Alibaba faces …
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For automakers fearing China’s electric vehicle exports, reducing costs is ‘now ‘more important than anything else’
Electrical vehicles made in China have a serious cost advantage—and automakers elsewhere are racing for answers.
U.S. and China take small steps at APEC meetings
I find it amazing that within the last 78 years, Japan has gone from an enemy to being the strongest ally the U.S. has in Asia. During this same time frame, China has gone from…
China’s Nov exports up 0.5%, imports shrink 0.6%
China’s exports rose 0.5% in November from a year earlier, while imports decreased 0.6%, customs data showed on Thursday. A Reuters poll of economists had forecast a 1.1% decline in exports and a 3.0% …
Made-in-China still dominates US holiday sales, but do Americans even care?
The especially active holiday-shopping season in the United States has been a boon for China exports despite years of political and trade frictions between the countries.
At this point, are things ever going to get better for China’s economy?
China’s economy, the world’s second-largest, is currently experiencing its most significant deflationary spiral in years, raising eyebrows and questions about …
China Accepts Taliban Ambassador, Says Normalization of Jihadists ‘Will Come Naturally’
China has become the first country to formally accept a Taliban ambassador, despite the Taliban being considered a terrorist organization by many. The Chinese Communist Party has been at the forefront …
Explore China’s New Cryptocurrency on the Yuan Global
The financial world is buzzing with the latest development in cryptocurrency – China’s Yuan Global a new currency …
How China’s control-freak leader is hurting its ecnomy
What’s important to Chinese President Xi Jinping? Judging by the outcomes of his helmsmanship, it sure isn’t his nation’s economic performance. A decade under Xi has resulted in a dangerously …
China, U.S. Hurdles May Delay Shein IPO Plans
U.S. lawmakers have Shein in their crosshairs as the China-founded fast-fashion retailer gears up for what could be an enormously valuable initial public offering. But another potential roadblock to …
US bars imports from 3 more Chinese companies over Uyghur forced labor
The United States restricted imports from three more Chinese companies, including COFCO Sugar Holding, over forced labor practices involving Uyghurs and other minorities in China, the U.S. government …
China’s leadership prioritises economic stability and investor confidence for coming year
President Xi Jinping uses Politburo meeting to call for efforts to attract foreign capital and boost trade, while countering negative views of the economy.
ZKH Group Plans to Offer 4 Million ADSs in IPO
By Stephen Nakrosis ZKH Group said it was planning to offer 4 million American depositary shares, representing 140 million of its Class A ordinary shares, …
