China’s Meizu on Thursday unveiled its first smartphone products since it was taken over by a venture belonging to Zhejiang Geely Holding’s (GEELY.UL) founder, with the firms saying it marked their …
Tagged By business
Alibaba’s Cainiao Logistics Division Prepares For IPO By 2023
Alibaba has tapped banks, including China International Capital Corp Ltd (OTC: CNICF) and Citigroup, Inc (NYSE: C), to prepare for the IPO, Bloomberg reports. The firm, worth over $20 billion, is …
E.China export hub reports pick-up in sentiment
Business sentiment is picking up in Kunshan, a manufacturing hub in East China’s Jiangsu Province, despite headwinds that have weighed on the city’s exports. The “China collapse” narrative of some …
Alibaba Showcases Business-Friendly Beijing Policy
Shares of Alibaba Group were up after the company put forth its plan to break down its empire into six individual companies and announced their list …
Biden lets China threaten the greenback’s status as the world’s reserve currency
Now, the stage is set for the crown prince to gift the CCP its endgame: Saudi Arabia accepting yuan, not the dollar, for oil sales to China, more than a quarter of its total oil…
China’s HiPhi luxury EV brand plans Europe entry in 2023
Chinese luxury electric vehicle (EV) maker Human Horizons will launch its premium HiPHi brand in some European markets later this year as the company looks to expand overseas, a top executive said on …
Alibaba’s $20 Billion Logistics Arm Gears Up for Hong Kong IPO
Banks including China International Capital Corp. and Citigroup Inc. are working with the company to prepare for the first-time share sale, the people said. The firm is targeting a listing as soon as …
EU chief urges caution in tech trade with China
“China’s changing policies may require us to develop new … there will need to be a clear line on whether investments or exports are in our own security interests.” The commission, the EU’s executive …
Taiwan leader’s meeting with McCarthy could provoke a ‘big’ reaction from China, says analyst
A meeting between Taiwan’s leader and U.S. House Speaker will provoke a strong reaction from China, said Anna Ashton, China director at the Eurasia Group.
Demand for China’s canned goods market increases
Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to] Sun Baiyu, a manager of a food trade company in Shenzhen, Guangdong province, had to visit local …
MYEG Signs Agreement with China Customs for Cross-Border Trade Connectivity on Zetrix Blockchain Platform
MYEG, through its blockchain platform Zetrix, provides the digital service to connect to China’s blockchain platform. The scope of the agreement covers international exports going into China.
China’s economy set to rebound with new drivers
China’s economy is poised to rebound this year with concrete efforts being made to embrace economic rebalancing towards domestic consumption, higher-end manufacturing and green projects, said an …
China’s No. 2 leader says economy improved in March
Premier Li Qiang spoke before an international audience of businesspeople and politicians as the government tries to revive business and consumer confidence after anti-virus controls that isolated …
