Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.
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China’s August new lending rises less than expected, more policy steps expected
New bank lending in China jumped less than expected in August after hitting a 15-year low in July, as the central bank keeps policy accommodative and pledges to roll out more supportive measures to bolster…
China’s seaborne dry bulk imports shrug off economic wobbles
Filipe Gouveia, a shipping analyst at Bimco, said: “Between January and August 2024, Chinese seaborne dry bulk imports rose 6% year over year, defying concerns over China’s domestic demand, its real …
Breaking | Biden targets China’s Temu, Shein with low-value import duty exemption changes
The White House has announced new measures – largely aimed at Chinese e-commerce platforms like Temu and Shein – to reduce the range of low-value imports eligible for duty and tax exemptions. US …
‘Shock And Awe’—China Could Be About To Trigger A $1.4 Trillion Bitcoin And Crypto Price Earthquake
Economists are calling for China to unleash $1.4 trillion worth of “shock and awe” stimulus that could kick start the economy and trigger a “glorious” bitcoin price …
Beijing suspends PwC’s China unit for six months in record penalty over Evergrande audit
By Julie Zhu and Xie Yu HONG KONG (Reuters) -Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 …
Kantar releases Top 100 Most Valuable Chinese Brands ranking in 2024
Themed “Shape Your Brand Future, Accelerate Sustainable Growth”, the 2024 Kantar BrandZ China Gala Event was held in Shanghai on Sept 10. Kantar officially released the 2024 Top 100 Most Valuable …
China Fines PwC, Halts Business for Six Months Over Evergrande
China halted some of PricewaterhouseCoopers LLP’s business for six months for its role in auditing China Evergrande Group.
China Fines PwC $62 Million for Botching Its Work for Evergrande
Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.
Daguan · Keweiwei) The 9th China Brand Value Top 100” and “The World Brand Value Top 900” Rankings Officially Released at the CIFTIS
BEIJING, CHINA – Media OutReach Newswire – 13 September 2024 – At the invitation of China International Fair for Trade in Services (CIFTIS) in Beijing, “(Daguan · Keweiwei) The 9th China Brand Value …
U.S. firms say confidence in China has hit an all-time low
American companies in China are experiencing historically low optimism and poor profits amid geopolitical tensions and a slowing Chinese economy, surveys show.
Do we need more Chinese car brands to make EV ownership affordable – and are they REALLY that cheap?
Are cheap Chinese EVs only down to subsidies or is there more too it? And do we actually need cheap Chinese EVs to switch to electric? This is Money finds out.
China’s carrot-and-stick tactics on EU nations start to pay off
“China is still important, but business with China is hard and not growing as well as expected.” Ireland is the fifth most exposed EU producer in China’s dairy investigation and sixth worst off in its…