The value of China’s imports and exports fell 8.3 percent in the first two months of 2023 from a year earlier, according to the latest data. Some USD895.7 billion worth of goods were imported into…
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Alibaba Blockchain Deal Hints at Crypto Push
The Chinese e-commerce company’s cloud computing arm has signed a memorandum of understanding with Mysten Labs, which developed the Sui blockchain network.
What does Xi Jinping’s tighter regulatory grip on China mean for business?
Underlying the moves is a desire by Xi and the party’s leadership to exercise tighter control over the levers of the state, according to analysts, as the Chinese president embar …
Momenta steers itself toward US$1 billion IPO
Chinese autonomous driving company Momenta is planning on raising as much as US$1 billion (6.9 billion yuan) in an IPO on HKEX or Nasdaq, Reuters reported on Tuesday. The Beijing-based company was …
Latest “Blockchain in Retail Market” Overview 2023 Demand Analysis & Opportunity Outlook 2028
Report Highlights with 101 pages: -“The global Blockchain in Retail market size was valued at USD 993.67 million in …
China’s SHEIN set to raise $2 bln, eyes US IPO later this year -sources
SHEIN said it does not currently have plans for an IPO and declined to comment further. Mubadala and Sequoia China declined to comment. GA and Tiger did not immediately respond to requests for comment …
China targets disruption-free tech disruption
Can China regulate its way to technological self-sufficiency? Beijing wants to foster innovation amid U.S. sanctions by centralising how data, patents and more are governed. The shake-up will, among …
Credit Suisse obtains key approval to launch wealth business in China
Credit Suisse has received regulatory green light from China after years of waiting to launch a full-fledged wealth management business in the world’s second-biggest economy, according to a company …
‘One of us’: President Xi hails role of private business in China, but the wary say ‘actions speak louder than words’
Xi’s comments come at high-profile meeting with upper-echelon party members and billionaire business leaders The task of boosting the private economy will be divided into more detailed plans and be …
China’s foreign trade goes off to steady start in first two months, though export pressure lingers
China’s foreign trade goes off to a steady start in the first two months of 2023, with better-than-expected exports and improved trade quality, easing market concerns over the export outlook of the …
Oil prices posts first loss in 6 sessions after disappointing China import data, Powell’s remarks
FUTURES MOVERS Oil futures posted a loss on Tuesday for the first time in six sessions, pressured by weaker-than-expected import data from China and remarks from the Federal Reserve …
Trip.com Financial Results Provide Important Insight Into China’s Reopening
President Xi gave a speech highlighting the importance of China’s private sector. Trip.com’s (TCOM US, 9961 HK) better than expected Q4 financial results and strong outlook on China’s reopening didn’t …
Oil prices eye first loss in 6 sessions after disappointing China import data
Oil futures fell Thursday, with prices eyeing their first loss in six sessions after weaker-than-expected import data from China. Federal Reserve Chairman Jerome Powell’s testimony to the Senate …
