The country’s auto firms exported about 290,000 units of cars last month, up 67 percent year-on-year and 16.5 percent over June, according to the China Association of Automobile Manufacturers. July’s …
Tagged By business
Semiconductor Companies Love Biden’s CHIPS Law. But Will Taxpayer Money End Up In China?
Semiconductor manufacturers love President Biden’s recently signed CHIPS and Science Act. It’s not just Wednesday’s lower inflation print helping these companies. It’s the $50 billion that’s coming …
More crypto exchanges under ED’s scanner for alleged laundering of Rs 1,000 Cr, probe continues
Firms under the ED’s scrutiny have been identified to have some links with the China-loan-app case. The investigation has also unveiled that these Chinese firms approached the crypto exchanges to buy …
LinkedIn profiles for hundreds of ByteDance employees reveal close connections between the company and China’s propaganda industry.
Three hundred current employees at TikTok and its parent company ByteDance previously worked for Chinese state media publications, according to public employee LinkedIn profiles reviewed by Forbes.
China Digest: Jet Commerce raises $60m; Haitai Solar’s $72m IPO; Baijiayun closes in on US listing
Hangzhou-based e-commerce enabler Jet Commerce has completed a Series B round at over $60 million. Separately, Haitai Solar has raised nearly $72 million in its Beijing IPO while Baijiayun has inched …
China: Exports outperformed in July – UOB
Economist at UOB Group Ho Woei Chen, CFA, reviews the latest trade data in the Chinese economy. Key Takeaways “China’s export rebound continued into Jul while import maintaine …
Asia week ahead: China activity data, Japan’s GDP and BSP policy decision
Next week kicks off with China activity data followed by growth data from Japan and a policy meeting in the Philippines …
US rethinks steps on China tariffs in wake of Taiwan response – sources
China’s war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options …
Johor Corp Picks Banks for IPO of $1 Billion Palm Oil Unit Kulim, Sources Say
Johor Corp., a Malaysian state-owned investment firm, has picked banks for an initial public offering of its plantation unit, according to people with knowledge of the matter.Most Read from …
Several cities in China add COVID-19 curbs as millions still under lockdown
The uncertainty over how long such smaller lockdowns may last – because Omicron’s high transmissibility makes it harder to clear infections – hurts business confidence and makes people less willing to …
Does China own Taiwan? Or is the island an independent nation? Americans weigh in
As tensions rise between the U.S. and China following Nancy Pelosi’s visit to Taiwan, people in Wisconsin answer the question: Is Taiwan an independent country?
China suspends meat imports from US company for containing dangerous additive
China’s ban of meat imports from the US company was announced on Thursday, August 11, by the General Administration of Customs of the People’s Republic of …
Ten crypto exchanges under ED lens for allegedly laundering Rs 10 billion
Many investors were traced based on their KYC details available with these crypto exchanges, but they were found to be fake or different from the real ones …
