If the renminbi continues to falter, Washington and Beijing could join forces with official intervention to ensure exchange rate stability is maintained Opening up China’s markets to more US exports …
Tagged By business
Binance.US Quits Blockchain Association, Forms In-House Lobbying Shop
The Blockchain Association, which has over 80 member firms … Binance was once headquartered in China, but it eventually relocated its headquarters to the United States in response to the Chinese …
Crypto Price Check: Prices Mostly Higher as Market Braces for Fed Decision
Cryptocurrency prices were mixed Monday as investors braced for another week of earnings reports and the Federal Reserve’s upcoming interest rate decision. Bitcoin was up 2.5% to $38,893, according to …
LIC’s $2.7-billion IPO set to be the fifth-biggest globally in CY22
South Korean EV battery maker LG Energy Solution holds the record for the year’s largest IPO at $10.8 billion, while Chinese mobile communications provider China Mobile IPO, which raised $8.6 billion, …
Did Beijing just flash a green light to buy Alibaba?
Chinese tech giant Alibaba Group Holding (NYSE:BABA) has fallen around 17% in 2022 as concerns have swirled around Beijing’s regulatory policy and strict COVID lockdowns in Shanghai. However …
China’s coastal city sees robust growth in exports to RCEP countries in Q1
XIAMEN, May 2 (Xinhua) — Xiamen, a coastal city in eastern China’s Fujian Province, saw total exports to Regional Economic Partnership (RCEP) member countries amount to 27.7 billion yuan (about 4.2 …
Delhivery IPO may open on May 11, close on May 13; issue size reduced to Rs 5,235 crore
The initial public offering (IPO) of Delhivery Ltd, a logistics and supply chain startup … (OFS), the second banker said on condition of anonymity. Fosun group-owned China Momentum Fund, via its …
Indian professionals in China urge Jaishankar to press Chinese govt to permit return of their families By K J M Varma
The families of dozens of Indian professionals left China in 2020 soon after coronavirus broke out in Wuhan. But many Indian professionals who have their business in China besides lucrative jobs could …
Where Is China-US Technology Competition Going?
The diversity of this business environment reflects the complexity and resilience of the China-U.S. economic and trade relationship. On the one hand, China and the United States are interdependent …
China Social Media Bilibili Trims Revenue Forecast, Gets A Bump In Users Amid Lockdowns
our business fundamentals remain strong and our vibrant community continues to grow,” Bilibili said. “Zero-Covid” lockdowns are affecting tens of millions of people in China and disrupting supply …
China silences prominent market analyst as economic slump deepens
A search by CNN Business for the account resulted in a message … He’s not alone in expressing growing concern about the health of China’s economy and markets. Shan Weijian, founder and …
Russian natural gas exports to China jump 60 per cent in first 4 months
The Russian gas exports were supplied to China via the Power of Siberia pipeline, which began operating in 2019. Some 4.1 billion cubic metres were delivered through the pipeline in 2020 and the aim …
How war, shipping boom, China lockdowns impact Panama Canal
Then after China reopens, I think there’s going to be a flood of merchandise … At that time, America imported LNG, it didn’t export it. Ten years later, when the expanded locks opened, America had…
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