China’s exports and imports sank again in August, data showed Thursday, as the onshore yuan fell to the lowest dollar level since 2007. The disappointing yet expected trade figures add to growing …
Tagged By business
Alibaba Affiliate Ant Group Eyes Overseas Web3 Expansion With New Blockchain
Ant Group, an affiliate company of Alibaba (NYSE: BABA) and parent of Alipay, launched a new blockchain service, ZAN which will be targeting Hong Kong, Singapore, and overseas markets f …
Hong Kong Rained Out, Investors Wake Up To Importance Of US China Relations, Week In Review
A ban shouldn’t be a surprise as many contacts didn’t believe the iPhone was popular amongst government workers nor used for official government business. iPhones are a luxury item in China due to …
Could China be about to take a big bite out of Apple’s iPhone business?
Rumours suggest that the Chinese government is ready to bear down on the US tech giant in the latest tit for tat move with the US – getting caught in the middle of diplomatic rift…
Alibaba grocery unit IPO put on ice amid disappointing valuation – Bloomberg News
Alibaba has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion value it was targeting when it considered raising a …
Alibaba puts grocery IPO on backburner as valuations disappoint
ALIBABA Group Holding is putting a potential Hong Kong initial public offering (IPO) of its Freshippo grocery chain on the … To be sure, Freshippo could move forward with its listing plan once China …
China’s Proposed Ban on Clothes That ‘Hurt Nation’s Feelings’ Sparks Online Debate
A proposed law change in the People’s Republic of China, which could enable authorities to ban any speech and dressing deemed “detrimental to the spirit of Chinese people,” has sparked lively debate …
Three Ex-Canadian Fighter Pilots Are Training Chinese Pilots in China
Last Fall’s news of former military fighter pilots training Chinese pilots just got a refresh with a new Canadian probe into ex-RCAF pilots training students in China.
China Expands Global Technological Ecosystem Efforts with Open-Source Blockchain Network and AI Modeling Platform
China has been making significant strides in its efforts to create global technological ecosystems, with recent developments including the launch of a global blockchain network and an open-source …
China’s economic decline brings risks to both Washingtons
After decades of growth, China’s economy is slowing, beset with debt and deflation. It’s our top trading partner. But more than trade is at stake. Jon Talton takes a closer look at the relationship.
Apple loses about $200B in market capitalization on China iPhone restriction reports
Apple has lost around $200 billion in market capitalization over several days as tensions between the U.S. and China rise, with several media outlets reporting this week that the iPhone maker is being …
Apple loses about $200 billion in market capitalization on reports of iPhone restrictions in China
Apple has lost around $200 billion in market capitalization over several days as tensions between the U.S. and China rise, with several media outlets reporting this week that the iPhone maker is being …
Consolidation, U.S. Partnerships Lie Ahead For China’s EV Makers — Sino Auto’s Tu Le
Among U.S. companies working with Chinese partners, Tesla and Ford partner with CATL; GM works with joint venture partner SAIC. Chinese EV battery maker Gotion plans to invest more than $2 billion in …
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