China expanded its criminal law to encompass fundraising with digital tokens, giving authorities additional firepower to stamp out a sector they declared illegal last year by using heavy sentences.
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China’s Shein shelves U.S. IPO plan again due to uncertain markets: Reuters, citing sources
The IPO plan has been shelved for the second time because of markets volatility over the past month, exacerbated by the invasion of Ukraine, said the sources.
Arm China CEO asserts semiconductor joint venture’s right to pursue an IPO independent from its SoftBank-owned British parent
told the South China Morning Post that the firm’s Chinese shareholders, who control 51 per cent of the Shanghai-based joint venture, have the discretion to pursue an independent IPO. “We are …
50% of China’s Luxury Shoppers are New to the Market — And Here’s How to Reach Them
The explosive growth of China’s luxury fashion sector is being driven by a major influx of new shoppers: 50% of customers entered the market just in the past 12 months, and this group is expected…
Analysis-US sanctions on Russia serve China a sharp reminder of need for its own chips
The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China’s own push for self-reliance in the …
Chongqing Hong Xi Technology’s IPO to debut on Beijing Stock Exchange
Chongqing Hong Xi Technology (871857) to start trading on the Beijing Stock Exchange Feb 28, next Monday. The firm has issued 18.40 mln shares priced at RMB 12 per share raising RMB 220.8 mln. Its…
Across China: Traditional sugar-making proves to be lucrative business in China’s Hainan
“It just shows that with proper sales channels, traditional craftsmanship will prove its value,” said Wu, an inheritor of Hainan traditional sugar-making, a craft that has received provincial-level …
As Ukraine crisis deepens, China lifts all wheat-import restrictions on Russia
Newly announced agreement between China and Russia reflects deepening ties between Beijing and Moscow while addressing China’s need to enhance food security.
China’s trade with Russia won’t be enough to offset sanctions, U.S. says
In the hours after Russia invaded Ukraine, the U.S., U.K. and European Union announced new sanctions aimed at isolating Moscow from the global economy.
Belarus’ food export to China up almost 20 times since 2016
Belarus’ food export to China has grown almost 20 times since 2016, Belarusian Agriculture and Food Minister Igor Brylo said in an interview with BelTA.
Export firms cancel orders due to rising logistics costs
Many export firms have had to cancel some orders due to increased logistical costs following the sharp rise in petrol prices. Banana Brother Farm Company faces more difficulties exporting their goods …
China’s Dilemma Is How to Support Russia When West Matters More
Russia’s invasion of Ukraine poses a difficult question for China: How can it support a key strategic partner when relations with the U.S. and Europe are so much more important for its economy?
China’s Shein shelves U.S IPO plan again due to uncertain markets -sources
Chinese fashion retailer Shein’s plan to list in the United States has been put on hold due to volatile capital markets amid Russia’s attack on Ukraine, said two sources with direct knowledge of the …
