Chinese authorities are also reportedly preparing to allow Didi’s apps back on domestic app stores as early as this week …
Tagged By business
Chinese ride-hailing giant Didi surges 50% after report that regulators are ending probes
Chinese regulators are concluding investigations into ride-hailing giant Didi, the Wall Street Journal reported, sending shares of the company surging.
US STOCKS-Futures rebound as China ADRs rally; tech, growth stocks rise
U.S. stock index futures bounced on Monday, as a report of Beijing regulators concluding a year-long probe into Didi Global added to optimism about easing COVID-19 curbs in the country, lifting shares …
The US military is watching China’s presence grow in Latin America, and it doesn’t like where things are going
In March 2021, US Coast Guard cutter Stone was turned away from a port call in Argentina, which has developed close economic and political ties with China. “We were going to do a port call…
Vietnam’s aquatic product exports to China to grow this year: official
Vietnam’s aquatic product exports to China are expected to rise positively this year, said Nong Duc Lai, Commercial Counselor at the Vietnamese Embassy in China.
US considers removal of some China tariffs to combat inflation
The U.S. may be scrapping some tariffs on China, and this was revealed by Gina Raimondo, the countrys commerce secretary, on Sunday, Jun 5. She shared that President Joe Biden has asked the ministry …
China looks to recover from strict Covid lockdowns
With the current wave of the Covid pandemic seemingly in retreat in Shanghai after two painful months of strict lockdown, economic activity has started to pick up once again. Under the Chinese …
Futures rebound as China ADRs rally; tech, growth stocks rise
U.S. stock index futures bounced on Monday, as a report of Beijing regulators concluding a year-long probe into Didi Global added to optimism about easing COVID-19 curbs in …
China lifts lockdowns, but services still struggle
China’s services activity contracted for a third straight month in May, pointing to a slow recovery ahead despite the easing of some COVID lockdowns in Shanghai and neighboring cities, a private …
Mint Explainer: Why Apple’s production shifting out of China not heading to India
Apple has decided to shift some production of iPads also to Vietnam. The question is, why not to India, which already accounts for some 1.3% of Apple’s production base …
Mint Explainer: Why Apple’s production shifting out of China not heading to India
Apple has decided to shift some production of iPads also to Vietnam. The question is, why not to India, which already accounts for some 1.3% of Apple’s production base …
China censored a top livestreamer on the eve of June 4. Now his fans are asking about the Tiananmen Square massacre
By Nectar Gan, CNN For decades, the Chinese government has sought to erase all memories of its bloody military crackdown on the Tiananmen Square protests, especially around the anniversary on June 4.
China to Wrap Probe Into Didi as Soon as This Week, WSJ Says
Chinese regulators are preparing to wrap up their investigation into Didi Global Inc. and restore the ride-hailing giant’s main apps to mobile stores as soon as this week, the Wall Street Journal …
