Chinese secondhand electronics trading platform Aihuishou is aiming to raise US$500 million to US$1 billion in a US initial public offering by early June, said two people with direct knowledge. The 10 …
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China opens its borders to billions of dollars of gold imports – sources
China is the world’s biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged as the coronavirus spread and …
Crypto is Minting Lobbyists
Along with the asset manager Fidelity, the payments company Square and the investment firm Paradigm, Coinbase established a new trade group with “a mission to unlock the transformational promise of …
China greenlights three new IPO applications
China’s securities regulator has approved the initial public offering (IPO) applications of three companies. Yunnan-based Shennong Agricultural Industry Group Co., Ltd., Zhejiang Fulai New Materials …
China opens its borders to billions of dollars of gold imports
China is the world’s biggest gold consumer, gobbling up hundreds of tonnes of the precious metal worth tens of billions of dollars each year, but its imports plunged as the coronavirus spread and …
New US Treasury report does not label China as a currency manipulator
In the first foreign exchange report of the Biden administration, Treasury Secretary Janet Yellen keeps China on a watch list for its practices.
U.S. Urges ‘Decisive’ Steps by China to Shift Away From Exports
The U.S. said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic demand.
China’s Bad Loan Managers Face Growing Pressure on Core Business
China’s distressed loan managers are facing mounting pressure as the pandemic has made it harder to dispose of assets, according to a closely watched survey by China Orient Asset Management Co.
Business Highlights
How the Kremlin provides a safe harbor for ransomware BOSTON (AP) — A global epidemic of digital extortion known as ransomware is crippling local governments, hospitals, …
Why Jim Cramer Thinks Investors Should Worry About China
Should China Concern Investors? That’s the focus of Jim Cramer’s Real Money column this morning. “Is China making any effort at all to try to ameliorate the deteriorating relationship between their …
Biden hosts Japan PM Yoshihide Suga amid US-China tensions
President Biden on Friday hosted Japanese Prime Minister Yoshihide Suga at the White House in his first visit from a foreign leader amid tensions between the US and China. Suga, who …
China ramps up media war on Xinjiang as censors blur Western brands
Videos of Uyghurs dancing happily, praising the Chinese government, and denying human rights abuses are flooding Chinese English-language media. For those with family still in Xinjiang, stories like …
Crypto watershed, Amtrak Joe, China GDP and a $1.36m pixel
Load Error That’s how much China’s economy expanded in the first three months … Global Inc when it began trading on the Nasdaq Wednesday, becoming the first major crypto-centred startup to list on a …
