A key measure of German business optimism rose in April for the seventh month in a row amid lower natural gas prices and the reopening of the Chinese economy after COVID-19 restrictions …
Tagged By business
China’s CBDC e-CNY to Become a Salary Mode for Civil Servants in Changshu City: Details
Starting May, government staffers in the Changshu city of China will receive their monthly salaries in the form of the e-CNY CBDC.
China Wanda’s bonds lose more on concerns about unit’s IPO, liquidity
Chinese commercial property developer Dalian Wanda Group’s dollar bonds fell further on Monday, as investors remained wary about the progress of its unit’s Hong Kong listing and about the impact on …
EU warned to get its story straight on China, amid ‘divide and conquer’ fears
EU unity on China is crucial, or they will ‘have us for lunch’, warns one diplomat ahead of foreign ministers’ meeting in Luxembourg.
Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution
For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopters …
US-China Tensions Amplify Global Trade Shifts, Shipping CEO Says
Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway reshaping of global trade, according …
U.S. IPO Weekly Recap: IPO Market Has A Full Week Of Small Deals, Led By Chinese Issuers
Six small deals began trading this past week, five of which met the criteria for our IPO stats. Ares Acquisition II raised $450M in the first blank check IPO of the second quarter.
Yellen lays out economic war against China
In pursuit of its objectives the US has imposed a range of sanctions aimed at crippling the development of hi-tech development in China on the grounds that this affects national security …
Exclusive-Tesla readies export of Model Y to Canada from China – source, memo
Tesla has begun producing in Shanghai a version of the Model Y to be sold in Canada this year, the first time it will ship cars to North America from China, according to a person…
EXPLAINER: Can China’s new offshore listing rules revive Hong kong’s IPO scene?
After a prolonged period of draconian anti-pandemic curbs and regulatory crackdowns whipsawed China’s capital markets, the world’s second-largest economy is pulling out all the stops to calm market …
China introduces policies to stabilize foreign trade
China has introduced a series of policies to stabilize the scale of its foreign trade and improve its structure amid uncertain external demand, trade risks and other challenges, said the Ministry of …
China’s electronics export fall implies foreign manufacturers moving out of China
As foreign manufacturers, under the “China plus one” strategy, move their productions out of China, China has seen its exports in major electronics goods keep falling, a sign that may imply the world …
China Billionaire’s Grand Pharma Buys BlackSwan Vascular For $37.5 Million
Grand Pharmaceutical Group, a China pharmaceuticals supplier whose biggest shareholder is billionaire Hu Kaijun, has agreed to buy 87.5% of U.S.-based vascular drug maker BlackSwan Vascular, Inc. for …
