China’s factory activity contracted at a sharper pace in September as strict COVID lockdowns disrupted production and dampened sales, a private sector survey showed on Friday.Weakening global demand …
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EV maker, Vanke’s unit slump in HK debut amid rough IPO market
An electric vehicle (EV) maker and a unit of China’s real estate developer China Vanke Co plunged in their trading debuts in Hong Kong, following initial public offerings (IPO) that together raised …
‘Anti-American’: Microsoft faces US scrutiny as it nears 10,000 employees in China
US lawmakers from both parties have become increasingly wary of American tech firms doing business in China. “Any company that expands its business operations in China is either naïve to the …
Lincoln gets new China president
Ford Motor Co. on Tuesday appointed Zhu Meijun president of the company’s Lincoln brand in China. Zhu was previously Lincoln’s executive vice president for China. She has worked for the Ford and …
China’s Electric Vehicle Battery King
Instead it was being financed and constructed by a little-known Chinese company founded only eight years earlier in China’s mountainous eastern … supply batteries to Volkswagen and BMW as the auto …
People’s Bank of China brags about crackdown on the ‘pseudo-gold exchanges’ of crypto
China is in the early years of a battle to regulate tech it doesn’t like, and one area of especial focus has become crypto. This is because China was at one point ground zero for…
China’s Market for Perfumes and Fragrances
To achieve economic success in the high-opportunity Chinese perfume market, firms must first identify their own distinct advantages.
China’s private economy expands rapidly over past decade
China’s private economy has posted rapid expansion over the past decade thanks to an improving market environment, the country’s top economic planner said on Thursday. The number of private firms more …
Israel set to import three more Chinese-made EV brands
Carasso Group is set to import to Israel another Chinese-made electric vehicle brand. China’s Jiangling Group, which manufactures JMC commercial and private electric vehicles, has announced that it …
Two large Hong Kong IPOs drop in trading debut: China EV maker Leapmotor plunges, Onewo shares dip
Leapmotor and Onewo, whose initial public offerings were among Hong Kong’s largest for the year, dropped on their first day of trade in the city on Thursday.
China’s foreign trade firms more upbeat in Q3: survey
Workers make clothes for export at a company in Taihe County, east China’s Anhui Province, May 26, 2022. (Photo by Liang Xiaopeng/Xinhua) BEIJING, Sept. 29 (Xinhua) — China’s foreign trade companies …
Chinese Police Bust Multi-Billion Crypto Money-Laundering Scheme
The criminal group, according to a spokesperson from law enforcement, was led by Hong Moumou, who is notorious for his illegal gambling and fraudulent activities across China.
China imports less glutinous rice from Vietnam
The Ministry of Industry and Trade’s (MOIT) statistics show that China’s import of glutinous rice from Vietnam keeps falling. Vietnam is the biggest glutinous rice exporter to China, and China is …
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