Highlighting innovation and new business forms and products, Fu said China’s new growth momentum continued to strengthen in August. In the first eight months, the industrial output of major high-tech …
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Has luxury lost its sparkle? High-end brands vulnerable to recession
Buying them is a gamble on the belief that the rich will always be different and unperturbed by economic turmoil.
ByteDance to Buy Back $3 Billion of Shares After IPO Stalls
ByteDance Ltd. offered to buy back as much as $3 billion of its shares from investors at a valuation of about $300 billion, giving backers a way to cash out after plans for an initial…
China to sanction chief executives at Boeing Defense and Raytheon for selling arms to Taiwan
The Chinese government is planning on sanctioning the chief executives at Boeing Defense and Raytheon for their roles in selling arms to Taiwan, which China sees as a threat.
White House’s message to China: ‘Not the time’ for helping Putin
The White House sent a strong message to Chinese leaders not to support Russia’s invasion of Ukraine even as leaders of the two Asian countries met in person to reaffirm their partnership.
Why Ant Group and Didi Investors Have to Wait Another Six Months for IPO Clarity
Despite recent signs that Beijing is easing its crackdown on domestic tech companies, the government won’t grant approval of hotly anticipated initial public offerings by domestic giants such as Ant …
Tech war: China’s semiconductor trade group sees ‘hostile’ environment after US Chips Act but no quick remedies found
China’s semiconductor industry trade group held a webinar on Thursday to brainstorm possible responses to the US Chips and Science Act, but no quick remedies were found.
From Education To Electric Vehicle – What’s On The Cards For China Liberal Education’s Like For EV Brand Aiways
China Liberal Education Holdings Ltd (NASDAQ: CLEU) has entered into a non-binding letter of intent (LOI) to acquire all the outstanding equity interest in the new electric vehicle brand Aiways …
ByteDance to buy back $3-billion shares after IPO stalls, says report
ByteDance is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after plans for…
The Fifth China International Import Expo prepares to open its door to worldwide participants
Acting as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held for four consecutive …
China’s trade with SCO members up 26% in Jan-Aug
The trade volume jumped 26 percent year on year to 1.73 trillion yuan (about $250 billion) in the January-August period, according to the General Administration of Customs. The growth rate was 15.9 …
Tornado Cash Ban Will Aid China’s AI Goals
The U.S. government forcing blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China.
TikTok-Owner ByteDance Offers to Buy Investors’ Shares After Scrapping IPO Plan
The move by the Beijing-based company will give long-term shareholders the chance to cash in after it ruled out plans for an IPO.
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