Not exactly the best performance for a company whose business is helping some of China’s biggest consumer brands to grow and list their shares at the right time to maximize returns on its investments.
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The GOP’s Anti-China Rhetoric: A Smoke Screen in the UAW Strike?
In the midst of the ongoing United Auto Workers (UAW) strike, the Republican party has adopted a strategy that belies a deep-rooted conundrum. Instead of addressing the workers’ demands directly, GOP …
Record salaries in China’s AI sector amidst rising youth unemployment
Chinese graduates find lucrative haven in the artificial intelligence (AI) industry, according to Chinese recruitment platform Liepin.
China’s Longsys completes US$132 million takeover of Suzhou plant from Powertech
Longsys, one of US chip maker Micron’s largest clients in China, has acquired a 70 per cent equity stake in Powertech Technology (Suzhou), which provides chip packaging, testing and surface-mount …
China: Tesla Increased EV Exports, But Retail Sales Fell In September 2023
It seems that, in September, Tesla boosted its exports to a record level among all final months of a quarter, while the factory in Shanghai was preparing for production of the significantly upgraded …
‘Skiving’ China butler jailed for sleeping in luxury flat of woman tenant 30 times while she was away on business trips
A man employed as a butler in China has been jailed after it emerged that he had slept in an empty luxury flat 30 times to “skive off work” while the tenant was out of…
Fisker’s Expansion Into China Starts In December With First Store
Fisker’s Shanghai Lounge located on Taicang Road in the heart of China’s largest city will open in December 2023-January 2024.
Beijing-backed server chip startup formed by ex-Arm China execs
Almost a quarter of SoftBank-owned chip designer’s total revenue comes via Middle Kingdom, um, arm China could prove problematic for Arm once more, amid claims key staff from its local subsidiary have …
US Trade Data Overstates Decoupling From China, Report Says
The US’ reduction in its import dependence on China is less than official figures indicate, according to research looking at under-invoicing and trade rerouting.Most Read from BloombergIsrael Latest: …
The fall of China’s “manganese king” may hit global EV supply chains
The same year he used state-backed loans to purchase one of the world’s largest manganese miners, Consolidated Minerals, from a Ukrainian billionaire. Mr Jia then secured a $450m loan from a Citic …
Crypto lending invalidated by Chinese court in second landmark ruling
citing a series of legislation composing China’s Crypto Ban. Since Mr. Ming was unable to do so, the Nanchang People’s Court ruled that the lawsuit did not fall in the appropriate scope of civil …
China determined to improve business environment to attract overseas investors including German companies: MOFCOM
A pair of mechanical arms are displayed during the Hannover Messe in Hannover, Germany, on April 18, 2023. Germany’s leading trade fair for mechanical and electrical engineering kicked off on Monday …
China’s Electric Vehicle Exports Double, Seizing Global Market Lead
China’s Unprecedented Rise in EV Exports The global demand for electric vehicles (EVs) has been on a steady incline, and China has seized this opportunity to bolster its export numbers. With a …
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