The severe U.S. West Coast port congestion seen this past winter will likely return once due to China’s Zero Covid policy.
Tagged By business
India Barres Tesla from Importing Cars from China for Domestic Sales
India, Tesla in ‘weird stalemate’ on tax cut demands with no investment pledge-sources. Read all about it here!
Green Energy Innovation To Fuel China’s Tech Revolution
HONG KONG – Entrepreneurs and investors see a game-changer in the China State Council’s new program for a unified national energy market and jus …
China expands digital yuan trial to cover tax, social security, toll gates
China has broadened the range of public services and the number of cities included in its digital yuan pilot project underway in the provinces of Zhejiang and Fujian. See related article: Chinese …
ByteDance Appoints New CFO, implying Attempt at IPO Restart
Gao will start working for ByteDance in May, Reuters reported, citing a person with direct knowledge of the matter. The appointment of a new CFO often means a company is planning to make new moves…
SoftBank and Arm Move to Retake Control of China JV, Oust CEO
Arm Ltd. are closing in on an agreement to regain control of the chipmaker’s China operations and oust its rogue chief executive officer, according to people familiar with the process. Arm China’s …
China Covid-19 Lockdowns: The Impact On Emerging Markets And Global Trade
Medeiros: China’s lockdown policies have resulted in a deceleration in export numbers to China from Korea and Japan.
Old photo shows aid from China to Russia, not ‘Russia sending food to Shanghai in 2022’
A photo has been shared more than a thousand times in social media posts that claim it shows “Russia sending food to help Shanghai”, as the city’s residents faced food shortages during a weeks-long …
50 years of China-UK relations: A retrospect
This year marks the 50th anniversary of China-UK ambassadorial diplomatic relations. To commemorate this special moment, former Chinese ambassador to the UK, H.E. Liu Xiaoming, shared his precious …
LIC IPO demands a valuation of 202 PE. Is it worth it?
This is perhaps the most expensive in recent memory and makes the company more expensive than not just its peers but also the likes of Adani Wilmar, Dixon Tech and IRCTC.
Chinese Ostin technology Group prices $13.5M IPO, debuts today
Ostin Technology Group (OST) has priced its initial public offering of 3.375M ordinary shares at $4.00 per share for total gross proceeds of $13.5M.Trading kicks-off on April 27, …
China Lockdowns Raise Earnings Risk For Chip Firms, Automakers, Industrials
Industrial firms including GE, chipmakers such SK Hynix and automaker Mercedes Benz warned that China’s strict COVID-19 curbs were intensifying supply chain disruptions and raising uncertainty about …
LIC IPO News LIVE Updates: Press conference at 12.30 pm; issue likely to open on May 4
PM. India slashed the size of its biggest initial public offering by about 60%, pressing ahead with the sale even as the war in Ukraine continues to weigh on investor demand. Prime Minister Narendra …
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