Chinese regulators are considering serious penalties for Didi Global Inc (DIDI.N) after the ride-hailing giant’s initial public offering last month, Bloomberg News reported on Thursday.
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EXCLUSIVE China’s CCPC takes centre stage in Iran, Venezuela oil trade-sources
A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago for handling Iranian crude, …
Biden’s Nomination Signals Commitment To Challenge China’s Weaponization Of US Tech
Some experts argue that even more is needed. These efforts will take time. In the interim, export controls provide a key policy lever to stop China’s acquisition of sensitive U.S.-made technologies, …
China wants to use crypto for insurance as it focuses on the adoption of digital yuan
China has already implemented the digital yuan in the e-commerce space, salaries and lotteries. Expanding to insurance could make it easier for citizens to get accustomed to using digital yuan and for …
U.S. imposed tariffs on China failed to deter its retailers: Bloomberg
The U.S. imposed tariffs on Chinese products squeezed U.S. retailers’ profit margins, but failed to deter them from buying from China, wrote a Bloomberg report on Wednesday.
From China to Germany, floods expose climate vulnerability
Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe.
China’s Guizhou posts 440% growth in guitar exports
GUIYANG – Southwest China’s Guizhou province saw its guitar exports rise by 440 percent year-on-year to 120 million yuan ($18.5 million) in the first half of this year, local customs said. Zheng’an, a …
China bans cattle imports from Laos to prevent skin disease
China’s customs said on Thursday it has banned the import of cattle and cattle products from Laos to prevent spread of lumpy skin disease. The move came after Laos reported its first outbreaks of the…
How Diplomatic Snubs Highlight Frayed China-U.S. Ties
Forget about a summit between Joe Biden and Xi Jinping: The U.S. and China had trouble even agreeing on the protocol for a meeting between senior diplomats. A spat over who on the Chinese side…
U.S.-China Goods Trade Booms as If Virus, Tariffs Never Happened
China and the U.S. are shipping goods to each other at the briskest pace in years, making the world’s largest bilateral trade relationship look as if the protracted tariff war and pandemic never …
Wall Street banks rush to salvage China IPO pipeline after Didi shock
Global investment banks are racing to redirect initial public offerings by Chinese groups towards Hong Kong after new cyber security rules from Beijing halted lucrative tech listings previously …
China’s Guizhou posts 440 pct growth in guitar exports
GUIYANG, July 22 (Xinhua) — Southwest China’s Guizhou Province saw its guitar exports rise by 440 percent year on year to 120 million yuan (about 18.5 million U.S. dollars) in the first half of this…
Tensions between U.S. and China mount under the Biden administration
From China’s perspective, the blows from the United States just keep coming. Sanctions and export controls over the crackdown in Xinjiang. A warning to international businesses about the deteriorating …
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