Wednesday marks the 30th anniversary of the establishment of diplomatic relations between the People’s Republic of China and the Republic of Korea (ROK) . The two sides have respected and supported …
Tagged By business
China’s $89 billion e-commerce giant JD.com posts slowest quarterly growth on record
JD.com shares surged after it beat top and bottom line expectations in the second quarter but posted its slowest year-on-year revenue growth on record.
What China’s Slowdown Means For Commodities
And, as growth has slowed in 2022, commodities from copper to aluminum, and gold to oil, have seen material declines from their peak levels earlier in the year.
Row over ‘geisha’ doll as China doubles down on anti-Japan rhetoric
A Chinese company modelled after Japanese low-cost variety shops has vowed to “de-Japanise” the brand and apologised for describing a toy doll as a “geisha” whe …
Alibaba-Backed Artist Agent Said to Open HK IPO Books Wednesday
YH Entertainment Group, a Chinese artist management company most famous for its star Wang Yibo, is planning to start taking retail investor orders for its Hong Kong initial public offering as soon as …
China makes rare but ‘necessary’ foreign investment pitch as ‘they’re not writing cheques’
Vice-Premier Hu Chunhua said last week that it was ‘necessary’ to ‘make great efforts to attract new foreign investment’ Coronavirus-induced supply chain and consumption slowdowns, a lingering real …
China turns back to coal as record heatwave causes power shortages
China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the nation’s second biggest source of power.
Tencent-Backed Startup Seeks Pre-IPO Funds at $1.5 Billion Value
Yonghui Fresh Food, the fast-growing grocery supply affiliate of one of China’s biggest retail conglomerates, is seeking to raise about $200 million ahead of a Hong Kong initial public offering next …
Founder of China’s Huawei urges focus on cash flow, survival in downturn
The founder of China’s Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy enters a long period of …
COLUMN-China’s weak crude imports and pariah purchases ease global market: Russell
China is inadvertently helping ease tightness in the crude oil market through declining imports, and by favouring cargoes from exporters being shunned by much of the rest of the world. LAUNCESTON, …
China shadow bankers pray to be systemically risky
China’s falling property sales are subjecting shadow bankers to an unprecedented stress test. China’s $3 trillion trust industry, which caters to wealthier clients looking for relatively high returns, …
China shadow bankers pray to be systemically risky
China’s falling property sales are subjecting shadow bankers to an unprecedented stress test. China’s $3 trillion trust industry, which caters to wealthier clients looking for relatively high returns, …
Founder of China’s Huawei urges focus on cash flow, survival in downturn – media
The founder of China’s Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy enters a long period of …
