A brand that started building cars in 2003 topped long-time Chinese player Volkswagen in November. Chinese brand BYD, which only started manufacturing cars in 2003, passed Volkswagen in sales on the …
Tagged By business
Chinese brands set new trends
Ever bought cat food made from squab? Or tried a lollipop that can sing? These are just some of the innovative Chinese products that may blow your mind. Thanks to the continued upgrading of the…
China’s Sunshine Insurance raises US$857 mil in HK IPO
Sunshine Insurance Group Co raised US$857 million after pricing its Hong Kong initial public offering at the bottom of a marketed range.The Beijing-based firm sold 1.15 billion new shares at HK$5.83 …
China’s going to be better next year than was the case last year, says Yale’s Stephen Roach
Stephen Roach, Yale law school senior fellow, joins ‘Squawk on the Street’ to discuss his take on the investor enthusiasm for China’s potential reopening efforts and more.
Analysis: China’s aviation come-back stokes tensions over access to Russian airspace
GENEVA/PARIS, Dec 6 (Reuters) – China’s return to the skies as it eases COVID-19 restrictions is ramping up concerns about congestion and possible trade tensions as far away as Europe, as carriers …
China rocked by widespread protests over zero-Covid policies—Here’s how it happened
Protests have broken out across China over the country’s ultra-strict zero-Covid policies. Anti-government demonstrations like these are a rarity in China. Here is a timeline of the recent unrest.
Flagship of China’s ‘Godfather of Cardiovascular Surgery’ Slices Towards IPO
OrbusNeich Medical has been approved for a Hong Kong IPO, and plans to use listing proceeds to boost its stable of more than 40 products approved over two decades …
GRAINS-Wheat, corn firm on bargain-buying, China’s COVID easing supports soy
Chicago wheat and corn inched higher on bargain-buying on Tuesday, a day after a steep drop sent wheat prices to 13-month lows, although bearish factors kept a lid on price rises. Soybeans rose on …
China’s Xi To Visit Saudi Arabia From Wednesday: Saudi State Media
Chinese President Xi Jinping will arrive in Saudi Arabia on Wednesday for a three-day visit, his first to the world’s biggest crude oil exporter since 2016, Saudi state media reported on Tuesday.
China begins to relax Covid policy, lifting restaurant and seafood stock prices
There’s been a surge in the share prices of Chinese stocks listed in Hong Kong and the U.S., a sign investors are optimistic China is beginning gradual shift away from its zero-Covid policy. Following …
Israeli Firms Eye Turkey Imports As China Shipping Costs Rise
Israeli businesses are seeking to increase imports from Turkey because maritime shipping costs are making supplies from China expensive.
The world will gain enough renewable energy in 5 years to power China, says IEA
The European Union now prohibits Russian crude oil imports by sea, setting up the bloc to have phased … Policy and market reforms in China, the United States and India are also driving the growth…
iPhone maker Foxconn reports slump in revenue after unrest and Covid outbreak at key China plant
Foxconn reported a slide in November revenue, with a “portion of shipments being impacted” by the Covid outbreak in Zhengzhou, where it makes iPhones.