China’s biggest carmaker Geely is launching a premium electric car brand it hopes will take on Tesla. The Chinese company, which owns Volvo and Lotus, announced its Zeekr brand on Tuesday to tap into ……
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Global Fast Fashion Is Flopping Hard in China
Old Navy, Bershka, Pull & Bear, Stradivarius, C&A, and Forever 21 have pulled back on the market with Gap possibly to follow soon. ( read original story …)
China Sees 84 IPO Deals Withdrawn in First Quarter of 2021
Many Chinese firms are rushing to pull planned IPOs that they had hoped to push through this year after regulators moved to tighten requirements. Beijing’s focus on curbing financial risk and … ( read original…
China’s Baidu debuts in HK after $3.1bn IPO
Chinese search engine Baidu debuted on Hong Kong’s stock exchange Tuesday after raising US$3.1 billion in its initial public offering, the latest mainland tech giant to flock to the financial hub. ( read original story…
US Seen Falling Short Countering China’s Rising Geopolitical Clout
China’s multitrillion-dollar initiative is “unbound geographically … as well as the reauthorization of the Export-Import Bank. “There was a lot of rebranding, but there weren’t additional resources … ( read original story …)
Shelved IPOs Surge in China After Watchdog Tightens Scrutiny
China Weighs Tighter Rules on STAR Board IPOs, Fintech Curbs Yi Huiman, the head of China Securities Regulatory Commission, warned over the weekend about the risks of “hot money” flows, which he said … (…
Australian hay growers brace for China hit as export permits lapse amid trade tensions
Farmers are under pressure to pivot to different crops amid signs hay growers could be caught in a new round of trade penalties by China. ( read original story …)
China coal: Australia ban continues to weigh on supply, imports down 40 per cent even as Russia moves to fill gap
China’s imported coal supplies are under pressure amid a prolonged ban on Australian imports that shows “no sign of being lifted in the near term”, and new restrictions at the border with Mongolia. ( read…
China Has Bought Only One-Third of U.S. Goods Required by Trade Deal
China is well behind on the two-year targets set in its trade deal with the U.S., having purchased only about a third of the goods it said it would buy so far. ( read original…
How blockchain and other digital technology can help China achieve its agriculture and climate change goals
Digital adoption has accelerated in China in the wake of the pandemic. When farmers use smartphones and technology such as blockchain to access actionable data, it could revolutionise profitability … ( read original story …)
China, Russia agree to work together against ‘illegitimate’ sanctions
Foreign ministers meeting in Guilin also call for a summit of permanent members of the UN Security Council to resolve ‘common problems’. ( read original story …)
China’s Baidu debuts on Hong Kong bourse after raising $3.1bn in IPO
The trend has delivered a shot in the arm for Hong Kong after a turbulent couple of years that have been blighted by US-China trade tensions, Beijing’s crackdown following huge democracy protests and … (…
US-China tech war: state-led economy crucial to meet challenges of American sanctions, says prominent economist
China’s combination of market forces and government direction to drive technology development is important, but a state-led approach could stifle innovation, says a prominent Chinese economist. ( read original story …)
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