The firm said the increased likelihood Beijing will ease Covid restrictions next year raises confidence in the stock.
Tagged By business
China cuts fines on a range of ride-hailing violations to help bolster the industry’s legal framework after Didi’s debacle
The transport ministry and five other agencies made revisions to the rules covering the administration of online taxi-booking business operations The revisions did not change existing penalties …
US Risks Stoking Inflation If Carbon-Linked Tariffs Hit China
China’s steel and aluminum exports are under attack once again, as the US and European Union weigh new tariffs linked to carbon emissions.Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trill …
China’s Factories Struggle With Slow Dismantling of Covid Curbs
Before October, Qiang had about 30 workers in his garment factory in Guangzhou’s Haizhu, a district often dubbed the apparel manufacturing capital of China. After more than a month of Covid lockdowns, …
Factbox: Saudi-China energy, trade and investment ties
Saudi Arabia is China’s top oil supplier, making up 18% of China’s total crude oil purchases, with imports totalling 73.54 million tonnes (1.77 million barrels a day) in the first 10 months of 2022, …
China interested in importing Kazakh agricultural products
Kazakhstan is ready to offer 135 new commodity items to China and asks to remove barriers to the export of agricultural products. China Alikhan Smailov Trade cooperation between the two countries was …
China Southern Air Logistics partners with WebCargo to offer eBookings
China Southern Air Logistics enables freight forwarders all around the world to make quick Chinese import bookings.
Woman fakes pregnancy to smuggle hundreds of CPUs, iPhones into China
If you think you can fool customs officials into believing you are pregnant and not, in fact, smuggling hundreds of Intel processors and iPhones in a prosthetic strapped to your belly, think again.
China’s IPO Market to Hit New High This Year; Shanghai Is World’s Biggest, PwC Says
China’s stock markets have outperformed those in other countries both in the number of IPOs and the amount raised, according to a report published by UK professional services firm Pricewaterhouse …
Reassessing the future role of China in world aviation: part two – solving the unenviable dilemma
When China emerges from its COVID hibernation it will be a different aviation force. It will not be business as usual. The world has changed greatly since Jan-2020; and China has changed too.
China expands second-hand car exports
China officially kicked off the exports of second-hand cars in May 2019, with Beijing, Tianjin, Shanghai, and Guangdong among the first batch of ten regions allowed to conduct such trade. Industrial …
China-based battery makers see triple-digit growth in global installation volume
Asian EV battery companies dominate the market, with China-based manufacturers leading the pack. According to SNE Research, almost all Chinese battery makers that enjoyed the highest installation …
Taming China’s Tech Power
Engagement also provided U.S. companies with greater access to China’s market and helped open China’s economic system. And some even thought that over time China would take its place alongside the U.S …
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