Russia and China are expected to get closer in 2023, but it’s unclear if this partnership will last. The relationship is getting unbalanced as China’s economic and military capabilities are …
Tagged By business
Jack Ma gives up control of Ant Group, restructuring China’s largest fintech company to put it back on path for IPO
The restructuring is the most substantial tweak to the world’s largest fintech company, amid its regulatory scrutiny after the November 2020 postponement of its US$39.7 billion stock sale.
China reopens borders in final farewell to zero-COVID
Travellers began streaming across land and sea crossings from Hong Kong to mainland China on Sunday, many eager for long-awaited reunions, as Beijing opened borders that have been all but shut since …
Is China Investable Again After a Chaotic Reopening?
The nation is returning to business, but Beijing’s hard-to-read policymaking means that global investors need to tread carefully.
China’s open borders mark Covid zero end, spark homecoming rush
China’s long-awaited border reopening – the final step in its dismantling of Covid Zero – is set to spark a homecoming rush for many diaspora, though a full rebound in travel is likely to take…
Alibaba Founder Jack Ma Set To Cede Control In Ant Fintech Venture — Will Shelved IPO Be Revived?
Alibaba Group Holding Limited BABA founder Jack Ma is reportedly planning to give up control of the e-commerce giant’s Ant Financial sister company. What Happened: Ma’s 10% st …
Tesla owners in China protest against surprise price cuts they missed
Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centres in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they had …
Metal Markets Hold Their Breath As China Reopens
The world is waiting for a resurgence of the Chinese economy, and metal markets could see a prolonged period of volatility in 2023 as China’s reopening may disappoint …
Billionaire Jack Ma to cede control of China’s Ant Group
Business magnate Jack Ma who controlled over 50 percent of the fintech giant’s shares will now hold just 6.2 percent.
Marcos secures deals with China for lower fertilizer prices
“The Philippines is a highly promising production base for agribusiness, a source also of products for export to China… Let us make more agribusiness investments happen in the Philippines,” he said.
Taiwan exports fall for 4th month in December, decline seen extending into Q1
Taiwan’s exports fell for a fourth straight month in December due to the worsening state of the global economy, as inflation and rising interest rates weighed on demand, and benefits from China’s …
Crypto Exchange Huobi Has Bad News
The platform, which is headquartered in the Seychelles, is one of the latest victims of the crisis affecting the sector for a year.
Business missions and leisure travel between Singapore and China poised to restart as curbs ease
At least four business missions between Singapore and China will take place over the next three months as travel between the two countries restarts following three disrupted years due to the Covid-19 …
