Plus is considering listing its non-China businesses in a U.S. initial public offering, according to people familiar with the matter, after the self-driving-truck startup scrapped a merger with a …
Tagged By business
China’s e-CNY push; India’s crypto tax kicks in
Starting off in India, the country’s crypto tax finally comes into effect. Meanwhile in China, authorities push forward with digital yuan in five more cities. Moving over to South Korea, the …
Soaring imports deepen EU’s China trade deficit – Eurostat
The European Union’s trade deficit with China grew by over a third last year, the bloc’s statistics office said on Friday, as it took in soaring imports from the Asian powerhouse.
China approves 5 generic manufacturers to produce low cost of Paxlovid
The UN-backed public health organization, the Medicines Patent Pool, has given approval to 35 companies, including five in China, to manufacture a generic version of Pfizer’s COVID-19 antiviral oral …
Most US Firms In China To Cut Annual Forecast as Business Hit By COVID-19 Curbs: Reuters
According to a joint survey by the American Chambers of Commerce in Shanghai, 54% of U.S. multinational companies in China have reduced their 2022 annual revenue projections, primarily due to the …
China, Russia’s partnership ‘as strong as ever,’ Asia expert says
I think the partnership is as strong as ever. So just yesterday, Foreign Minister Lavrov met with his Chinese counterpart and they agreed that we should have a more m …
China rejects sanctions as Ukraine war tops summit agenda
BRUSSELS — China on Friday renewed its criticism of Western sanctions against Russia, as top European Union officials sought assurances from Beijing that it would not help Moscow circumvent the …
Column: China’s manufacturers enter downturn – but for how long?
China’s manufacturing sector contracted this month as coronavirus outbreaks, city-level lockdowns, rising input prices and the severe disruption of global supply chains take their toll on output and …
China’s exporters, foreign investors fear being left in the dark as Canton Fair goes online only
China Import and Export Fair, aka the Canton Fair, is the nation’s largest of its kind, and attendees had high hopes for an in-person event that might yield a clearer outlook Rather than gather for…
China Weighs Giving U.S. Full Access to Audits of Most Firms
Chinese authorities are preparing to give U.S. regulators full access to auditing reports of the majority of the 200-plus companies listed in New York as soon as mid-this year, making a rare …
China is outmanoeuvring US in Latin America and the Caribbean, senators are warned
The United States is increasingly outmatched, outfinanced and outmanoeuvred by China for influence in the Western Hemisphere, lawmakers, government officials and regional experts said at a Senate …
Driverless Truck Firm Plus Weighs U.S. IPO of Non-China Business
Deliberations over an IPO for Plus are at an early stage and no final decision … Inc. pushed through a $4.4 billion U.S. initial public offering last June against China’s wishes. A number of Chinese…
Gokaldas Exports expects temporary disruption on business amid recent surge of Covid-19 cases in China
Sudden surge of COVID-19 cases in Shanghai and other centres in China, the authorities have imposed stringent pandemic restrictions.
