The news comes ahead of Japan’s plan to begin releasing treated radioactive water from the crippled Fukushima No. 1 plant into the sea.
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Chinese chip startup Biren plans Hong Kong IPO this year
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an IPO in Hong Kong this year, according to Bloomberg, citing people …
China says foreign trade faces ‘extremely severe’ situation, blames geopolitics for slump
China, meanwhile, is looking to retain and attract foreign investment. Apple’s Tim Cook, Tesla’s Elon Musk and many other business leaders have traveled to China since it relaxed its border restrictions this year. The Commerce…
Henry Kissinger is a trending topic right now in China because so many people are surprised he’s 100, alive, and going on business trips
“Kissinger is 100 years old but is still able to fly to Beijing for a work trip” became a hit trending topic on Weibo on Wednesday after Kissinger’s surprise visit to Beijing. The former US…
China’s bad first half gets investors hopeful and interested
China’s disappointing first half has the economy ripe for some help, and investors are preparing to ride an expected short-term wave of stimulus, even if structural problems look to hold back a sustainable rally.
They spent millions in China. Now these British and global firms are fleeing
In August 2020, the world’s largest asset-managing business garnered approval from the China Securities Regulatory Commission to launch a wholly-owned mutual fund arm in Shanghai. In May 2021, the bank also received a licence for…
Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit
ASML said second-quarter net profit totaled 1.9 billion euros ($2.1 billion), marking a 37.6% year-on-year rise.
Despite the numbers, India’s imports from China may have increased in 2023
In dollar terms, imports from China fell marginally in the first half of 2023 from the same period last year. But a closer examination of the data suggests the actual volume of imports may have…
EEC extends antidumping duty on polymer-coated steel from China
The Board of the Eurasian Economic Commission (EEC) has decided to extend the antidumping duty on imports of polymer-coated rolled steel products from China into the Eurasian Economic Union (EAEU) for …
China gains progress in IP development
China’s intellectual property (IP) development has gained progress during the first half of 2023, the country’s top IP regulator told a press conference …
They spent millions in China. Now these brands are fleeing
Stanley Black & Decker had planned to open its brand new 425,000-square-foot, $90 million (£68.5m) factory in Fort Worth, Texas by the end of 2020, but it was delayed until 2021. As relations between …
Megvii still wants IPO; execs filing $840M offering
Having unsuccessfully tried twice before to float an IPO, Chinese AI and biometrics firm Megvii is preparing its third try.
China AI Chip Firm Targeting Nvidia Seeks HK IPO in 2023
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter, aiming to …
