Last May, a sharp plunge for bitcoin and ether after China tightened curbs on crypto saw yields on benchmark U.S. and German government bonds fall, as investors dumped digital tokens for perceived …
Tagged By business
Once Crypto Crashes, Other Markets Will Go Down As Well, Says Mark Mobius
Mobius wished India was as immense as China because the EM index would not have fallen then. The government needs to enlist more of such government companies in the future. Because LIC’s scale is …
China approves new LNG import terminal in Fujian
National Development and Reform Commission (NDRC), China’s highest planning body, has approved a new LNG import terminal in Fujian province, it said on February 16. The terminal to be built by Hanas …
Yum China Awarded ‘Gold Class 2022’ in S&P Global Sustainability Yearbook
About Yum China Holdings, Inc. Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China’s leading quick-service restaurant …
Lepu Biopharma pockets $115m from IPO
China’s Lepu Biopharma has raised HK$904m ($115.9m) from pricing its IPO at the middle of the marketed range, according to a source familiar with matter. Lepu is floating 126.9m primary H-shares, …
India can add $20 bln to GDP if import dependence on China is halved: Report
In terms of imports, India continued to reduce its trade deficit with China in FY21. However, share of China in India’s total merchandise imports has been steadily increasing to 16.5 per cent …
Schindler expects China business to contract in 2022 on construction delays
Swiss elevator and escalator manufacturer Schindler said it expects its China business to contract in 2022 due to construction delays, material cost inflation and supply chain disruptions, after …
Kirin to exit China soft drink business to further overseas reforms
Kirin Holdings Co. said Wednesday it will sell all shares in a soft drink joint venture in China to a local investment fund for around 115 billion yen ($994 million), in another move to overhaul…
Latest business models, technologies inject new life into village economies
[Photo provided to China Daily] Maximizing villages’ resources through up-to-date business models and technologies is the best way to ensure long-term common prosperity, as envisioned by the central …
Olympics-Schultz takes care of ‘family business’ with Team China
“It’s starting to feel a bit like a family business,” Schultz said after the China team were eliminated by Canada. “It’s amazing that me and my sister can kind of put on the Chinese jersey…
The veil comes off China’s covert influence campaign
Although less obvious than its economic and military apparatus, China’s covert influence machine is formidable, extensive in its global scale and ambition to exert influence over Western business …
Japan’s Kirin to sell China joint venture to investment fund
Kirin is selling its China joint venture to an investment fund … Kirin is among Japan’s top beer brands, but beer companies here have in recent decades expanded into other kinds of beverages.
Caixin-Sinica Business Brief: Sinister Video of Shackled Woman Shocks China
Plus, Beijing plans to announce sweeping standards on fintech and the digital yuan; Hong Kong steps up the fight against Covid; and Bing Dwen Dwen mania hits China amid frenzy to buy up Olympic mascot…
