Chinese developers are heeding Beijing’s call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their reliance on a high-debt, …
Tagged By business
COLUMN-China resumes storing oil, but this time it’s bearish for crude: Russell
China resumed building crude oil stockpiles in the first quarter of 2022, but unlike previous periods of inventory builds the current additions are a bearish signal. By Clyde Russell LAUNCESTON, …
IC design houses see more order cutbacks from China phone brands
Chinese brand mobile phone vendors have further cut chip orders for the second quarter, casting a shadow over the demand prospects for the second half of the year, according to sources at Taiwan-based …
Everlight, Chicony see China lockdown impacts on factories
LED packaging service provider Everlight Electronics and keyboard and compact camera module maker Chicony Electronics have temporarily stopped production at their factories in an industrial park in …
5:24 Goldman Expects China’s Economy to Grow 4.5% This Year
Hui Shan, chief China economist at Goldman Sachs, discusses the outlook for the world’s second-largest economy and policies. China’s central bank announced a spate of measures to support individuals …
Didi’s Brief U.S. Foray Is Ending. What Happens Next?
The firm pressed ahead with the June 2021 IPO anyway, in a move that Beijing saw as a challenge to its authority. Days after the listing, the government announced a cybersecurity probe into the firm…
China-US ties benefit rebound in trade order
China and the United States should improve economic and trade cooperation to foster a steadily growing relationship, which is not only in the interests of the two countries but is important for the …
China to ramp up financial support for real economy
China has rolled out a raft of measures to strengthen its financial support for the real economy, the country’s financial authorities said Monday. The country will ramp up financial support to relieve …
China’s Coal and Gas Boom May Help Ease The Global Energy Crisis
Record coal and natural gas extraction and consumption-sapping Covid lockdowns are slashing China’s import demand and helping loosen global fuel markets.Most Read from BloombergU.S. Stops Mask Require …
B2B e-commerce unicorn Udaan eyeing IPO early next year
B2B e-commerce company, Udaan, may list on domestic stock exchanges early next year. As per a note shared by Udaan Chief Financial Officer (CFO) Aditya Pande, the company is in line to go public in…
China’s Q1 economic growth exceeds expectations but challenges remain
China’s National Bureau of Statistics released the economic figures for this year’s first quarter on April 18. Amid pressures from a complicated and gloomy international environment and a resurgence …
China’s work automation startup Laiye raises $160M, acquires France’s Mindsay
An ambitious Chinese startup wants a slice of the flourishing global work automation market. Laiye, a Beijing-based company that provides a one-stop platform for automating office tasks of varying …
FirstFT: Lockdowns cloud outlook on China’s economic growth
Register today to be part of a critical conversation with the world’s global financial and corporate elite, as they carve out the path ahead for bridging traditional finance and the crypto leaders of …
