Alibaba Group Holding Limited BABA founder Jack Ma is reportedly planning to give up control of the e-commerce giant’s Ant Financial sister company. What Happened: Ma’s 10% st …
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Tesla owners in China protest against surprise price cuts they missed
Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centres in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they had …
Metal Markets Hold Their Breath As China Reopens
The world is waiting for a resurgence of the Chinese economy, and metal markets could see a prolonged period of volatility in 2023 as China’s reopening may disappoint …
Billionaire Jack Ma to cede control of China’s Ant Group
Business magnate Jack Ma who controlled over 50 percent of the fintech giant’s shares will now hold just 6.2 percent.
Marcos secures deals with China for lower fertilizer prices
“The Philippines is a highly promising production base for agribusiness, a source also of products for export to China… Let us make more agribusiness investments happen in the Philippines,” he said.
Taiwan exports fall for 4th month in December, decline seen extending into Q1
Taiwan’s exports fell for a fourth straight month in December due to the worsening state of the global economy, as inflation and rising interest rates weighed on demand, and benefits from China’s …
Crypto Exchange Huobi Has Bad News
The platform, which is headquartered in the Seychelles, is one of the latest victims of the crisis affecting the sector for a year.
Business missions and leisure travel between Singapore and China poised to restart as curbs ease
At least four business missions between Singapore and China will take place over the next three months as travel between the two countries restarts following three disrupted years due to the Covid-19 …
Buffett-Backed BYD Trounces Tesla as China Economy Reopens
While shares of Tesla Inc. are melting down lately on demand concerns, Chinese rival BYD Co. is on a tear as investors applaud its record sales year and widening footprint in the world’s biggest …
Business missions, leisure travel between Singapore and China poised to restart as curbs ease
At least four business missions between Singapore and China will take place over the next three months as travel between the two countries restarts following three disrupted years due to the Covid-19 …
How Prepared Are Travel Agents for China’s Reopening This Weekend?
Travel agents have had months to prepare for Chinese revenge traveler as three years of restrictions come to an end.
China’s Covid vaccines can protect the Chinese people: why foreign mRNA jab imports look unlikely for Beijing
China said it has boosted the effectiveness of home-grown Covid-19 vaccines, indicating the country is unlikely to approve foreign jab imports for its own citizens. “Practice has proven that the …
Jack Ma: The tycoon who soared on China’s tech dreams but grounded by regulators
Jack Ma, the unconventional billionaire founder of tech giant Alibaba and the totem of China’s entrepreneurial brilliance, has stepped out of the limelight since a Communist Party crackdown that …
