A major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held successfully for four …
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Billionaire Jack Ma plans to cede control of China’s Ant Group
Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a …
What It Would Take for Jack Ma’s Ant to Reboot an IPO
Chinese regulators torpedoed Ant Group Co.’s would-be record initial public offering, sending shock waves across global capital markets. New rules have been slapped on the fintech giant, which has …
Steel price renews three-week high near $550 on downbeat China exports, DXY
Steel price takes the bids to extend previous day’s gains towards monthly top. China’s steel exports dropped in June, signs of further output reduction persist. DXY renews multi-day low as “technical …
Crypto platform Zipmex files for bankruptcy protection in Singapore
Singapore-based Zipmex said it was working to address its exposure of $53mln to crypto lenders Babel Finance and Celsius …
China Will Step up Efforts to Stabilise Foreign Trade in H2 – Commerce Ministry
China will strengthen efforts to stabilise foreign trade in the second half of the year, the commerce ministry said on Friday. The country’s foreign trade faces “high risks, difficulties and many …
Bay Area software developer loses $1.3M in cash and retirement in popular crypto scam
Federal investigators say the scam known as [i]pig butchering[/i] is specifically targeting Asian-Americans in the Bay Area, according to the I-Team’s original report.
No business as usual with China
European stakeholders must prepare for many more challenges ahead to make economic interdependence with Beijing safer.
Jack Ma gives up power, escapes Beijing’s crosshairs
Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he …
China’s Xi warns Biden over Pelosi Taiwan trip: ‘Those who play with fire will perish’
China firmly opposes separatist moves toward ‘Taiwan independence’ and interference by external forces, and never allows any room for ‘Taiwan independence’ forces in …
Rep. Austin Scott sounds alarm on China buying U.S. farmland
Georgia Republican Rep. Austin Scott on Thursday warned about Chinese state-backed efforts to purchase farmland in the United States amid rising tensions with the oriental superpower over its economic …
Pelosi’s Taiwan visit tests U.S.-China ties as Biden looks to ease tensions with Xi
A congressional trip to Taiwan led by House Speaker Nancy Pelosi (D-San Francisco) became the focus of President Biden’s call with Chinese leader Xi Jinping on Thursday, further underscoring the …
Jeep Pulls Out of China Over Government Meddling in Business
Stellantis NV shuttered its only Jeep factory in China because local politicians are increasingly meddling in the world’s biggest car market, Chief Executive Officer Carlos Tavares said Thursday.Most …
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