The two were arrested at the Balkan nation’s main airport at Podgorica in March as they tried to board a private jet to Dubai. Kwon is sought by both the US and South Korea on…
Tagged By business
Chinese Logistics Entrepreneur Becomes A Billionaire As His J&T Express Gears Up For Hong Kong IPO
Jet Li, who founded delivery firm J&T Express in Indonesia but is now expanding aggressively in his homeland China, has become a billionaire as the company prepares for an initial public offering in …
China’s Zhangzhou creates favorable business environment for private enterprises
A worker is seen at a smart workshop of a private enterprise in Zhangzhou, southeast China’s Fujian Province, June 18, 2023. Local government of Zhangzhou has made efforts to create a favorable business environment,
FACTBOX-How Alibaba’s six new business units stack up
Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer, in the company’s biggest executive reshuffle since its restructuring.
Chinese tech giant Alibaba names next CEO
Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks to recover from years of slow growth caused weak consumer spending and…
China’s crude imports from Russia surge to record in May
China’s oil imports from Russia jumped to a record high in May, government data showed on Tuesday, as private refiners continue to snap up sanctioned ESPO and Urals shipments at discounts.
Biden Praises Blinken’s China Efforts After He Told Xi Jinping US Does Not Support Taiwan Independence: Did ‘Hell Of A Job’
Trending: Legal Loophole Favors Trump In Mar-A-Lago Documents Case Must Read: Bitcoin, Ethereum, Dogecoin Rise On BlackRock ETF Optimism: Analyst Says, All King Crypto Needs Is ‘Single Spark’ And It’d …
Oil prices dip as markets weigh China rate cut, weak economic outlook
Oil prices retreated in Asian trade on Tuesday as investors weighed another interest rate cut in China against increasing pessimism over its economic prospects this year, while caution over U.S.
Analysis: New rules set to shake up China’s shrinking infant formula market
China’s introduction of the world’s strictest nutrient standards for infant formula are likely to see scores of brands give up on a market that is shrinking along with the country’s falling birth …
Blinken says China agreed to ‘explore’ helping US combat fentanyl
Secretary of State Antony Blinken said the Chinese government has agreed to “explore” helping the United States combat fentanyl precursor chemicals used by Mexican cartels to create the deadly drug and which largely originate from…
China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
Consumer and producer prices have fallen for the past four months in China, putting a brake on inflation in the West by pushing down the cost of imports from China. But weak demand in China…
FirstFT: Xi sees ‘progress’ in US-China relationship
Also in today’s newsletter, billionaire aboard missing submersible vessel and conflict of interest questions at Crypto.com …
U.S. and China Relationship Status: It’s Still Complicated
The visit, the first by a senior U.S. official since President Biden took office, follows lower-level engagements and ongoing hostilities. Speaking at U.S. Embassy in Beijing after the two-days of …