Newly minted crypto billionaires appear on the Harun Global Rich list. Tesla CEO and Pretoria-born Elon Musk is far and away the richest person in the world, according to the recently published Hurun …
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Billionaire Pony Ma Vows Long-Term Growth For Tencent Amid China Tech Crackdown
Pony Ma, the billionaire co-founder of Chinese web giant Tencent, has vowed to reposition his company for “sustainable long-term” growth, after Beijing’s crackdown on its internet sphere has chopped …
China’s EV chassis maker PIX raises $11M to build its own smart vehicles
The autonomous driving industry in China has enjoyed a boom over the past two years, with both institutional and corporate investors pouring money into a driverless future. Companies thriving in the …
UBS, China Life Asset Management Venture Plan in Limbo as Talks Stall – Sources
A plan by UBS and China Life Insurance Group to set up an asset management joint venture in China faces uncertainty as talks have stalled due to a corruption investigation at the insurer and curbs…
China says to exempt 3% VAT levied on some small firms
China will exempt the 3% Value Added Tax (VAT) levied on some small firms, the country’s main source of jobs, the finance ministry said on Thursday, to help shore up the world’s second-largest economy …
China Online Education Group Announces Receipt of a Non-Binding Proposal to Acquire Mainland China Business of the Company
China Online Education Group (“51Talk” or the “Company”) (NYSE: COE), a leading online education platform in China, with core expertise in English education, announced that its board of directors (the …
Live updates: China rejects disinformation accusations
BEIJING — China is rejecting accusations of helping Russia spread disinformation over Washington’s involvement in Ukraine, while repeating Moscow’s baseless claims about secret American biological …
Is Hip-Hop the New K-Pop for Luxury Brands in China?
As a result, luxury brands are leveraging the traction of hip-hop to connect with Gen Zs. Despite this, it is K-pop that has always been viewed as the natural fit for luxury makes in China.…
China urges US to remove all punitive tariffs as soon as possible: Commerce Ministry
China’s Commerce Ministry on Thursday called on the US to remove all punitive tariffs levied on Chinese products and push for bilateral economic and trade relations to get back to normal as soon as …
China urges U.S. to remove all tariffs imposed on its imports
China urged the U.S. on Thursday to remove all the tariffs imposed on China’s imports and promote bilateral trade and economic ties to the right track. Shu Jueting, the spokesperson for the Chinese …
Blockchain: Volvo owner Geely Holding, Concordium establish blockchain joint venture HQ in China
Geely Holding and Concordium announced they have signed a blockchain joint venture and established their headquarters in Wuxi, China. The companies said on Tuesday, March 22, that their aim for the …
232 metric tonnes of urea imported from China
A total of 232 metric tonnes of urea fertilizer has been imported from China through the Tatopani transit, said the Tatopani Customs Office. This import is expected to give relief to farmers who have …
Russian oil is “soft underbelly” of China’s energy security
For years, China has sought to diversify its oil imports away from the Middle East as insurance against supply disruptions, geopolitical risks, and coercion by exporter countries. In 2020, Russia was …
