Didi Global may have ensured its survival after winning shareholders’ nod for a U.S. stock delisting but a quick return to growth won’t be easy for the Chinese ride-hailer as it still faces regulatory …
Tagged By business
Airbnb decides to close down its domestic business in China
Now Airbnb Inc. has decided to close its domestic business in the country. According to media reports, the company will stop listing homes in the country by this summer. The company was already facing …
China’s lockdowns reportedly trigger Airbnb’s closing of listings there
Airbnb will shut down its listings in China after two years of lockdowns in the country “with no end in sight,” according to a source familiar with the matter.
Airbnb is shutting its business in China for sluggish tourism due to lockdowns
Airbnb, the San Francisco, California-based company that operates an online marketplace for lodging, primarily homestays for vacation rentals and tourism activities, announced it would end its …
China’s top court vows to phase in blockchain alliance in tandem with industries by 2025: document
The Supreme People’s Court of China on Wednesday released a document addressing strengthened blockchain applications in the judicial field, vowing to accelerate digital transformation supported with …
MineHub bridges into China with TradeGo
Metals and mining-focused blockchain platform MineHub has entered into a strategic co-operation agreement with TradeGo, a Chinese blockchain-based commodity trading platform, to connect its services …
China and U.S. are committed to reach audit deal, Chinese regulator says
China and the United States are committed to reach an arrangement on the audit inspection issue that is in line with legal and regulatory requirements for both sides, China’s securities regulator said …
China’s carbon-neutral plan lacks urgency and transparency, EU chamber report says
Beijing’s vow to prioritise energy security in a time of global market turmoil appears to be casting doubt on decarbonisation efforts and progress in the short term EU Chamber of Commerce in China …
U.S. weighs lifting China import levies
Her comments contrasted with Yellen, who last month suggested the U.S. is open to scaling back the widespread Trump-era tariffs on merchandise imports from China to help provide relief to Americans.
How will China’s economy weather geopolitical tensions, inflation?
Factors like geopolitical tensions and sky-high inflation will impact the Chinese economy in the second quarter this year, said Alessandro Golombiewski Teixeira, former chief economic adviser to the …
China’s Guangxi exports NEV parts using rail-sea transport
A freight train carrying new energy vehicle (NEV) parts departed the city of Liuzhou, south China’s Guangxi Zhuang Autonomous Region, on Tuesday. The parts will eventually be transported by sea to …
China clears way for Brazilian corn imports to fill Ukraine gap
China’s customs authority finalised an agreement to allow imports of Brazilian corn, the Ministry of Commerce said on Tuesday, lining up an alternative to U.S. corn to replace imports from Ukraine.Sim …
UN rights chief speaks with Xi during high-stakes China visit
Chinese President Xi Jinping spoke on Wednesday by video with U.N. High Commissioner for Human Rights Michelle Bachelet, who is on a visit that has drawn criticism from rights groups and which the …