Foreign companies doing business with China that have endured heightened risks this year from geopolitical tension and Covid-19 pandemic fallout aren’t likely to get much of a break after the …
Tagged By business
China’s Economic Recovery Faces Fresh Risks From Global Slowdown
China’s shaky recovery continued in September, with a pickup in car and homes sales in the biggest cities compensating for weaker global demand and falling business confidence.
TikTok-Ing Off High Valuation, ByteDance Offers To Buy Out Early Investors
ByteDance, of TikTok fame, has been the subject of numerous IPO rumors. What’s the best way to quiet noisy shareholders? Click here to find out.
Investors bank on China’s alternatives to Nvidia’s auto chips
In China, a crop of homegrown chip companies has popped up as Beijing strives to decouple from America’s advanced technology and manage sanctions risks, which have crippled Huawei’s lucrative …
China offers $9b to businesses to maintain jobs
BEIJING – China has stepped up efforts to save jobs this year, with some 64.63 billion yuan ($9.19 billion) having already been offered to businesses this year. Unemployment insurance refunds totaling …
China busts operation laundering up to $5.6 bln via cryptocurrency
Authorities in China’s southern Hunan province have cracked down on a large money laundering criminal group, suspected of laundering up to 40 billion yuan ($5.61 billion) through virtual currency …
Chinese demand for grain imports takes tumble
There is some troubling demand news coming out of China, the world’s largest importer of grains and oilseeds. Reuters reports that the country’s January …
Tim Cook and Apple Make Move That Could Annoy China
The restrictive measures and lockdowns imposed in China to limit the spread of the virus have particularly affected the local suppliers of many Western companies. The zero-covid policy in China has …
Chinese EV maker Leapmotor raises US$800mil in IPO
Chinese electric-vehicle (EV) maker Zhejiang Leapmotor Technology Co has raised about HK$6.3bil (US$800mil or RM3.66bil) in its Hong Kong initial public offering (IPO), according to sources.
China Arrests 93 for Crypto-Related Money Laundering; Bank of America Says Crypto Is Acting as Risk Asset
Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg. Authorities in China’s Hunan province arrested 93 people for allegedly laundering up to …
2nd “Jinbo” China-Europe freight train takes off from Hamburg to CIIE in Shanghai
The second “Jinbo” China-Europe freight train left the northern German city of Hamburg on Monday for Shanghai in China, carrying exhibits to the 5th China International Import Expo (CIIE). “Jinbo” is …
Leapmotor raises $800 Million in Hong Kong IPO
Leapmotor priced the offering at HK$48 per share, the bottom of its marketed range, said the people, who asked not to be identified as the information is private. The company marketed 131 million …
China’s soybean imports from Brazil plunge in August – customs
China’s soybean imports from Brazil plunged in August from a year ago, customs data showed on Tuesday, as high prices capped purchases of the oilseed from the South American nation.
