China’s gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home currency in Hong Kong’s stock market. Hong …
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China Ends 22-Year Ban on Polish, Belgian Beef
China has lifted the import ban on deboned beef aged under 30 months from Poland and Belgium that it imposed more than 22 years ago after mad cow disease was found in those countries. The…
Syngenta gets IPO greenlight from Shanghai Stock Exchange
Swiss agrichemicals and seeds group Syngenta’s initial public offering (IPO) application has passed a review by the listing committee of the Shanghai Stock Exchange, a filing posted on the exchange …
Syngenta gets the nod to launch US$9.1 billion Shanghai IPO, anchoring the world’s biggest stock sale this year in China’s commercial hub
Shanghai exchange approves Syngenta’s US$9 billion mainboard listing Syngenta plans to sell as many as 2.78 billion yuan-denominated shares to fund a slew of activities, including R&D, acquisitions …
China’s Guangxi sees foreign trade surge 53.2% in Jan-May
South China’s Guangxi Zhuang autonomous region reported robust foreign trade growth in the first five months of 2023, according to the local customs authority. Guangxi’s total imports and exports from …
Bill Gates visits China, hot on the heels of Elon Musk, with Xi meeting confirmed
Microsoft’s co-founder Bill Gates is set to meet President Xi Jinping on Friday, a day after meeting Beijing’s mayor to discuss a drug discovery partnership with China.
Micron says it is committed to China, invests $602 million in plant
U.S. memory chipmaker Micron said on Friday it was committed to China and would invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging facility in the Chinese city of…
Quality local beans, huge market potential boost Starbucks’ confidence in China business
“It contained a rich flavor of tropical fruit, just the right amount of fermentation and a faint aroma of wine…,” he elaborated on the latest Starbucks Reserve Yunnan Coffee product that will soon be available…
China Encourages Private Firms to Participate in Key Supply Chain Projects
China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate in key supply chain projects,
The crackdown on foreign firms will deter global business—and undermine China’s own interests
Professional-services advisers, including lawyers and due-diligence investigators, provide the information companies need to do deals and expand in China. If they cannot operate, their customers suffer, too. This adds up to a tax on global…
Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note.
First Mover Asia: Hong Kong as Crypto Hub? The City’s Strict Banking Requirements May Be an Obstacle
A Hong Kong-based entrepreneur says that while the digital assets regulation is “overall friendly,” banking regulations will make the industry’s growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.
China’s economic recovery is stalling. Here’s what to expect next
“Consumption is still a late cycle variable for China, one that comes down to business cycle changes,” Bank of America’s Qiao said. “In other words, consumers have to wait until they get better job security…