there’s a certain logic to alibaba group bringing back joseph tsai following his foray into owning the brooklyn nets basketball team. the …
Tagged By business
China’s economy may be in a “liquidity trap”
The world’s second-largest economy may be in treacherous macroeconomic terrain known as a “liquidity trap.” Why it matters: China’s massive economy has been the main source of global economic growth …
Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’
Bitcoin has added 36% to its value since the Chinese government warned citizens that the cryptocurrency was “heading to zero” last year.
Surviving the Bitcoin Halving: Strategies for Crypto Miners
Mediavilla shared her thoughts on the imminent Bitcoin “halving” – an event where the reward for mining Bitcoin blocks is halved, decreasing the profit potential for miners. This event is slated to …
European Firms Grow More Pessimistic on Doing Business in China
A record share of European companies say doing business in China is getting more difficult, with some already following through on plans to divest from the world’s second-largest economy, according to …
Citic, JPMorgan Replacing CICC in Cainiao’s Hong Kong IPO, Sources Say
Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., has seen a reshuffle in the banks that are preparing for its Hong Kong initial public offering, people familiar with …
Oil prices fall amid concerns over demand, China’s slow recovery
Oil prices continue to face pressure amid concerns over slowing economies and a recovery in China that hasn’t panned out the way investors had expected.
China Stocks Routed Amid Growth Worries; Alibaba Drops 4.5% After Surprise Leadership Switch
China-traded shares in the U.S. closed sharply lower today amid worries about growth in the world’s No. 2 economy, fierce competition in its e-commerce world, and continued geopolitical tension between the U.S. and China after…
China cuts rates as economy fears rise
China’s central bank cut key interest rates Tuesday for loans issued by the state-controlled banking system, in the clearest sign yet of mounting concern in the Chinese government and corporate sector that the country’s economy…
EU unveils plan to de-risk ties with China, but faces fight to get members on board
Outbound investment screening and broader export controls proposed in a plan that does not directly refer to China but created with Beijing in mind.
Wavemaker China embarks on a transformational journey to explore new ways to grow with brands
To enhance its business advantage, Wavemaker China is accelerating its digital transformation to become, more than an agency, a brand’s business partner. Jose Campon, CEO of Wavemaker China, has set …
Volkswagen subsidiary MAN Energy Solutions sells gas turbine business to China’s CHGT
Volkswagen subsidiary MAN Energy Solutions on Tuesday said it signed an agreement to sell its gas turbine business to Chinese state-owned CSIC Longjiang GH Gas Turbine Co (GHGT), as the company phases out its fossil…
Where are China’s exports going? Less and less to the US, the latest trade data confirms
Washington’s reshoring efforts are unpinning 10 straight months of declining Chinese exports to the US, and experts say the trend should persist, with long-lasting implications for China.
