By Dave Sebastian Adicon Holdings, a laboratory-testing provider in China, is seeking to raise $52.3 million through a Hong Kong initial public …
Tagged By business
Explained: How China is slowly losing its position as the world’s factory
Cheap labour-intensive manufacturing firms largely drove China to become the largest exporter in the world for decades and made it a force to reckon with globally. But aging manufacturing hubs that re …
N. Korea’s trade with China shrinks 5 pct on-month in May: data
North Korea’s trade with China dropped 5 percent on-month in May due to a sharp decline in Pyongyang’s exports, Chinese customs data showed Monday. North Korea’s trade volume with China stood at …
Alibaba founder Jack Ma gives first class as visiting professor at University of Tokyo as he retreats from tech empire
Days after his speech, Beijing called off the blockbuster IPO of his Ant Group, which was expected to be the largest stock offering in world history. The action marked the start of an unprecedented …
China’s Jiangsu reports Jan-May foreign trade
The imports and exports of East China’s Jiangsu province registered 2.05 trillion yuan ($287.7 billion) in the first five months of 2023, accounting for 12.2 percent of China’s total in the same …
Their parents made China the world’s factory. Can the kids save the family business?
When Steven Du took over his parents’ factory producing temperature control systems in Shanghai, one of the first changes he made was to turn on the plant’s heating in winter – something his frugal forebears…
China’s express delivery sector expands in May
China’s courier sector registered expansion in May, according to a monthly industry index. The State Post Bureau said the monthly express delivery development index came in at 370.9 in May, up 37.8 percent year-on-year.
COLUMN-China stored massive volume of crude oil in May, giving it options: Russell
LAUNCESTON, Australia, June 19 (Reuters) – China added to crude oil stockpiles at the fastest rate in nearly three years in May, as robust imports outweighed near-record refinery processing.
Micron warns China’s ban could cost it $4 billion annual revenue
PLUS: Crypto just isn’t cricket in India; China’s budget smartphone surge; Jack Ma is back, again; and more Asia In Brief US-based memory-maker Micron on Friday informed investors it’s still unsure …
While Yuan Struggles Other China Proxies Are Beginning to Soar
The Korean won and Australian dollar, whose performance is closely linked to China due to strong export ties, are set to top the Asia-Pacific currency rankings this quarter. The won’s ascent is …
Top 10 Chinese global brands
The annual ranking has been released for the seventh consecutive year, aiming to show the influence of Chinese global brands. Let’s take a look at the top 10 brands. Copyright 1995 – 2023 . All…
Biden has clung to tariffs on China. American business owners say there’s a cost
President Biden hung on to a signature piece of his predecessor’s economic policy: tariffs on imports of Chinese goods. We explore why they’ve been kept in place, and what it means to U.S. companies.
AstraZeneca drafts plan to spin off China business amid tensions
AstraZeneca has drawn up plans to break out its China business and list it separately in Hong Kong as a way to shelter the company against mounting geopolitical tensions.
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