India is poised to ease visa restrictions for Chinese business professionals after a five-year hiatus, signaling improved bilateral relations. This move will allow executives from major companies like Xiaomi and Byd to enter India more…
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Alibaba to spin off its Banma autonomous driving business via an IPO on Hong Kong exchange
Alibaba Group Holding plans to spin off its Banma Network Technology unit through an initial public offering (IPO), as one of China’s largest technology behemoths moves ahead with a separate listing …
Unraveling the Reasons Why Smart Brands Keep Choosing China: Advantages of Apparel Production That Still Persists
Many fashion labels are talking about moving their production to another country. You will mostly hear about the stories of supply chain diversification. Yet, t …
China’s Fuel Oil Imports Jump to 7-Month High
China’s fuel oil imports surged in July to the highest level in seven months as falling refining margins and new tax rebates in Shandong boosted demand among independent refiners.
Is China eyeing a yuan stablecoin? Beijing weighs next move in its dollar challenge
Talk of a State Council plan on yuan internationalisation fuels speculation, as Hong Kong rolls out stablecoin rules and the U.S. pushes ahead with crypto laws.
China is expanding into digital currencies, hoping to promote use of its ‘people’s money’
China has also been promoting use of e-CNY in Africa, as it expands business dealings on the continent. But e-CNY are not stablecoins. Experts say regulations are needed to safely manage use of …
China is said to weigh yuan-backed stablecoins to boost global currency usage
China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, in a major reversal of its stance towards digital …
China’s Changing Tastes Buffet Western Brands As Ant Group Faces Old Headwinds
For those who have watched China’s economic landscape evolve over the past four decades, recent events feel like the turning of a page. The initial fervor for Western novelty is giving way to a more…
China eyes yuan-backed stablecoins to achieve global currency status, sources say
In a major reversal of its stance towards digital assets, China’s State Council plans to approve new yuan internationalisation plan later this month
Alibaba’s Ant Group Still In Beijing’s Crosshairs As Regulatory Risk Lingers
That’s the lesson now being learned by Bright Smart Securities & Commodities Group Ltd. (1428.HK), a Hong Kong-based stock brokerage, as clouds appear be gathering over its plan to be acquired by Ant …
Mengniu Dairy Said to Mull Selling Stake in Aice Ice-Cream Brand
China Mengniu Dairy Co. is considering selling a minority stake of about 20% in ice-cream brand Aice, people familiar with the matter said.
Singapore-based Shein said to be weighing shift back to China to ease path for Hong Kong IPO
BENGALURU] Shein has considered relocating its headquarters back to China, in an effort to gain Beijing authorities’ approval for its planned Hong Kong initial public offering (IPO), Bloomberg News …
China’s Rare-Earth Magnet Exports to the U.S. Snap Back
China’s rare-earth magnet exports hit a six-month high in July. The rebound follows Beijing easing curbs amid a U.S.–China/Europe truce. April–May licensing snarls had choked supply and even paused …
