With China accounting for a fifth of the world’s population but … It’s not the first time the Shanghai exchange has called off IPO hearings, though. At least three have been cancelled in the past…
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U.S. Pushes for Business Investment in Africa to Counter China’s Reach
The Biden administration is pushing hard for American businesses to invest in Africa despite the obstacles they face there, more than a decade after China began expanding its economic and political ties with countries across…
Chairman says Gazprom close to maximum gas supply to China
BO’AO, China — Russia’s Gazprom is increasing gas supplies to China and expects soon to reach the maximum planned level through a Siberian pipeline, its chairman said Wednesday, highlighting Beijing’s …
Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO
“This is probably the biggest goal for Alibaba Group itself,” Kingston Securities executive director Dickie Wong said of Ant Group’s initial public offering plans, adding “there’s big hope” for a …
Alibaba’s overhaul: a ‘smart’ move after China crackdown
Alibaba, China’s biggest e-commerce company, has announced plans to split its business into six groups, in one of the most significant overhauls of a leading Chinese tech firm to date. Below is what …
Rift Between Gaming Giants Shows Toll of China’s Economic Crackdown
A partnership that had been worth about $750 million in annual revenue, according to company filings and the video game research firm Niko Partners, had become another case study in the increasing …
China asks German businesses to help it get in good with the European Union
German investors and business owners with a stake in China have grown increasingly concerned amid diplomatic strife and zero-Covid disruptions China’s foreign ministry similarly asked American …
Alibaba’s breakup lifts hopes China’s regulatory winter is thawing
as well as its data security practices in its cloud business and labour practices for its delivery units. In what many observers viewed as symbolic of the regulatory chill, Ma, its founder, left China …
China kicks off Boao Forum for Asia, seeking to reconnect with business world that is looking elsewhere
Billed as China’s answer to the World Economic Forum in Davos, the economic conference in Boao serves as a major platform to reconnect with the business world after three years of isolation under a …
China and ASML exchange views on development in China
During the meeting, Wang emphasized that China will unswervingly promote high-level opening-up and is willing to create a good business environment and provide efficient services for multinational …
Alibaba’s restructuring and Jack Ma’s homecoming are all part of China’s plan
Ma is seen as a symbol of China’s tech industry and a barometer of the Chinese government’s support for private business. His presence is perceived as evidence of a more supportive approach to the private…
Shanghai exchange scraps meeting for Syngenta’s US$9.5 billion IPO, disrupting plans for world’s biggest offering of 2023
The Shanghai Stock Exchange scrapped a meeting to evaluate the listing plan from Syngenta Group, China’s state-controlled seeds and agrichemicals powerhouse, delaying what could be the year’s biggest …
China demand uncertainty caps steel firms’ prospects
China’s weak domestic demand also comes as its steel production is rising, leading to higher risks on exports and, thereby, pressure on global steel prices. Nomura Research sugg …
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