SAIC Motor, China’s largest home-grown carmaker, plans to spin off a unit focusing on hydrogen fuel cell technologies, and list it on a stock exchange to rev up its diversification into alternative …
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Biden administration bars imports of solar panels linked to forced labor in China’s Xinjiang region
The order will have widespread impact on the industry, dominated by Chinese polysilicon makers who source from Hoshine.
CHINA CRYPTO MINING
Bitcoin drops as hashrate declines with China mining crackdown 218.01 AM IST. The largest cryptocurrency fell 5.5% to $34,142 as of 10:50 a.m. Sunday in New York, dro …
Dogecoin price up again: the latest news for Dogecoin, Bitcoin, Ethereum after China crypto crash
After China’s crackdown on cryptocurrency mining saw major drops in Dogecoin, Bitcoin and Ethereum and crypto prices across the board on Monday and Tuesday, the market is now bouncing back.
RETRANSMISSION: World’s First Multilingual Big Data Terminology (20 Volumes) Launched in Guiyang, China
On May 28, Big Data Terminology (20 volumes), the world’s first multilingual terminology series on the subject, made its debut at the 2021 China International Big Data Industry Expo (CIBDIE) in …
China begin massive roll out of 5G base stations in preparation for Beijing 2022
More than 100 5G base stations have been installed in 17 competition venues for next year’s Winter Olympic and Paralympics in Beijing as China …
Nike chief executive says brand is ‘of China and for China’
Nike chief executive John Donahoe gave an impassioned defence of his company’s business in China, months after the world’s largest sportswear brand became ensnared in a consumer backlash over its past …
IPO rush on Wall Street: Uber’s former Chinese rival and Johnson & Johnson-backed co to list next
The IPO rush on Wall Street has been going strong so far in 2021 … The company has been operating in China and once faced competition from Uber, before the latter exited China. Didi operates…
Update: China’s car-hailing giant Didi Chuxing seeks $4 billion in US IPO
VCG. China’s online car-hailing giant Didi Chuxing has set a price range of between $13 and $14 per American Depositary Share (ADS) for i …
Didi Global IPO to raise up to $4 billion fully covered in US
Didi Global IPO to raise up to $4 billion in the US has been covered on the first day of its bookbuild, sources say.
Didi’s $4 billion U.S. IPO fully covered – sources
Didi Global Inc’s initial public offering (IPO) to raise up to $4 billion in the United States has been covered on the first day of its bookbuild, according to four sources with direct knowledge of…
Nike boss defends firm’s business in China
The boss of Nike has made a robust defence of the firm’s business in China after facing a consumer boycott there. Chief executive John Donahoe said “Nike is a brand that is of China and…
China will lower payment fees for small firms from Sept 30 – PBOC
China’s central bank said on Friday that it would lower payment fees for small firms from September 30, including for bank account services, yuan settlement and electronic banking.
