The 20th Party Congress report sheds light on China’s policy priorities. We discuss the business and development implications.
Tagged By business
2nd LD-Writethru-Economic Watch: China’s factory activity slows in Oct with recovery in sight
Despite China’s manufacturing sector seeing a contraction of activities in October amid the impact of COVID-19, firms expect the sector to heat up in the near term. The purchasing managers’ index (PMI …
US Suggests EU Consider Using Export Limits to Target China
The US has raised with European allies the idea of drawing upon lessons from the export control regime they’re using to punish Russia to target China, according to people familiar with the matter. Mos …
China’s EV Are Coming After Fiat & Volkswagen: BMW, Mercedes Next?
China’s auto exports rose over 50% in the first nine months of this year, shipping out over 2 million vehicles.
AustAsia passes HKEX listing hearing for trimmed IPO
Indonesian milk company AustAsia has got permission from the Hong Kong Stock Exchange for its public float, cutting its offering from an initial target of $100m to roughly $50m-$70m due to difficult …
China’s economic outlook will be ‘deeply challenging’ for the next five to 10 years: Strategist
Mark Jolley of CCB International Securities says China “sailed on” while other countries struggled in the past, but now, the economic outlook for China looks challenging.
China overshadows Bubs’ booming US and Aussie business, shares dive 14pc
China has overshadowed relatively upbeat quarterly earnings from Bubs, with subdued growth in the Asian powerhouse sending the companys shares diving nearly 14 per cent.
Hong Kong to explore legalizing crypto for retail investors
Hong Kong is “back in business” and exploring whether to legalize crypto trading by retail investors, the city’s finance chief announced Monday, kicking off a week of conferences aimed at …
Hong Kong to explore legalising retail crypto trades
Hong Kong is taking steps towards legalising retail trading of crypto assets, in a reversal that contrasts Beijing’s crackdown on such transactions in mainland China. The Chinese territory’s …
Stellantis Jeep joint venture in China to file for bankruptcy
GUANGZHOU: The venture between Stellantis and Guangzhou Automobile Group Co (GAC) producing Jeep vehicles in China will file for bankruptcy, the companies said today, after a lengthy decline for the …
Wall Street accused of whitewashing China crackdown in Hong Kong
Hong Kong’s government invited Wall Street’s biggest names to a summit to show the financial hub is open for business after nearly three years of isolation due to pandemic curbs. Instead, top bank …
China’s Geely to spin off and list its Zeekr electric car brand
SHANGHAI: Geely Automobile said on Monday (Oct 31) it plans to spin off its high-end Zeekr electric vehicle brand and list the unit. The terms of the proposed spin-off, including listing venue, …
US suggests EU consider using export controls to target China: Report
The conversations came up as European Union and US officials are negotiating the agenda for their next high-level trade forum in early December.
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