Pharmaceutical sales platform YSB Inc. is looking to raise about $300 million in its Hong Kong initial public offering, according to people familiar with the matter.Most Read from BloombergPlot to …
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State-backed battery maker gives competitive jolt to China’s CATL
Investor excitement about China’s rapidly growing electric vehicle market helped make Tesla a $1 trillion stock as well as turn its battery supplier Contemporary Amperex Technology Ltd. into a 1 …
China has only itself to blame for its own growing isolation
There can be no denying that China is not happy with the formation of either Quad or the IPEF. In fact, it should not hold grudges in the formation of either. For instance, the IPEF…
Hydropower plant in China’s Hubei province fined for powering crypto mining
Chinese authorities have fined a hydropower plant in Central China’s Hubei province 43,493 yuan (US$6,528) for “illegally supplying electricity to virtual currency mining operations,” as the country …
Foreign companies remain confident in China’s NEV market
HEFEI, May 25 (Xinhua) — German automaker Volkswagen’s Chinese joint venture Volkswagen Anhui recently began working on a new project for making new energy vehicle (NEV) parts, with an investment of …
China Reaches Quarantine Deal to Import Brazilian Corn
China’s customs authority has signed an agreement with Brazil to allow imports of Brazilian corn, the ministry of commerce said on Tuesday, as the governments of both nations seek to boost trade ties.
China launches world’s first giant floating fish farm
“These benefits are largely supported by a few prominent exporters, including China and Russia, who export a greater quantity of nutrients from fish, as well as tonnage and value, than they import.” …
China’s PSF imports from Southeast Asia and Africa in Jan-Apr, 2022
PSF exports of China were 89,500 tons, up 10.12% year on year and up 7.9% month on month, and imports were 7,100 tons, down 47.08% year on year and 17.92% month on month. In Southeast…
China’s retail market not out of the woods yet for Q2
Most retailers moved into a wait-and-see mode in Q1 due to lockdowns. China’s retail market is expected to continue struggling through Q2 2022, with most cities having yet to relax from bringing back …
Airbnb ends rentals in China to focus on outbound tourists
Airbnb began listings in China in 2016, but they have still accounted for only about 1% of company revenue in recent years.
Bitcoin and crypto prices are extremely volatile — What to do when they’re crashing
In 2021, actual developments hurt prices. China’s move to ban financial institutions from providing crypto-related services was a further clampdown, since the country had already banned crypto …
Chinese Social Media Weibo Bans Another Business Leader After He Questions China’s Zero Covid Policy
Weibo Corp (NASDAQ: WB) banned Trip.Com Group Limited (NASDAQ: TCOM) co-founder and Chair James Liang for alleged violation of laws, Reuters reports. The social media company neither elaborated on the …
China’s Gen Z Has the Power to Make or Break Western Brands
They’re China’s Generation Z and they’re shaking up shopping. The 270-million-strong cohort born since the mid-1990s is already flexing their power: they have the fastest spending growth out of any …
