In recent years, the financial technology (Fintech) landscape has witnessed remarkable growth, with Mainland China and Hong Kong emerging as key players in the Asia-Pacific region. The collaboration …
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Alibaba Loses $21 Billion In Market Value After Suspending Cloud Unit IPO And Jack Ma Sells Shares
Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.
Alibaba cancels IPO of cloud division
US finally gets a hit with its sanctions Alibaba has cancelled its IPO of its cloud division because it expects trouble due to a chip shortage caused by the US’s export ban to China. This…
China Wants to Bulldoze Old Neighborhoods to Revive the Economy
The halting revitalization of one “urban village” in Shenzhen shows the challenges of fixing a national property crisis after years of overborrowing.
CGTN: China to uphold openness and common development for better Asia-Pacific cooperation
Chinese President Xi Jinping noted in his speech delivered to the APEC CEO Summit in San Francisco on Thursday that since the first Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in 1993, the region has…
China raises concerns with US over export controls, sanctions, tariffs
China’s commerce minister expressed concern over U.S. curbs on semiconductor exports to China, as well as sanctions on Chinese firms and tariffs on Chinese imports, when he met U.S. Commerce Secretary …
Exclusivity the name of the game as luxury firms target China’s wealthiest for growth
The world’s biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang.
China expressed concern to US over export controls, sanctions, tariffs -commerce ministry
China’s commerce minister expressed concern over U.S. semiconductor export controls and sanctions against China, as well as tariffs on Chinese imports, when he met U.S. Commerce Secretary Gina …
Avoiding China Has Been a Winning Investment Strategy. But It Isn’t Easy.
Investors in emerging-market stocks have profited this year by staying away from China.The MSCI China Index is down 8% this year through Nov. 15, while a broader emerging-markets benchmark that …
U.S. Executives Get No Reassurance From Xi on Tougher China Business Environment
At a dinner with U.S. corporate chiefs, Xi Jinping sought to enlist corporate America’s help in easing bilateral tensions but made no mention of boosting trade or investment.
US chip gear maker Applied Materials under criminal probe for shipments to China’s SMIC: sources
American chip equipment maker Applied Materials is under criminal investigation for potentially evading export restrictions on China’s top chip maker SMIC, according to three people familiar with the …
Report: Applied Materials under investigation for sending chipmaking gear to China in breach of export rules
Report: Applied Materials under investigation for sending chipmaking gear to China in breach of export rules – SiliconANGLE …
China’s Xi is courting Indo-Pacific leaders in a flurry of talks at a summit in San Francisco
Chinese President Xi Jinping is expanding his diplomatic efforts to build more partnerships with Indo-Pacific leaders after his meeting with President Joe Biden at a time of intensifying competition w