At least in principle, the agreement, announced on Friday, satisfies a long-held U.S. demand for unfettered access to Chinese audit papers – dramatically cutting the risk of Chinese firms being …
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Analysis: U.S., China audit agreement not yet a done deal, lawyers warn
There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but legal experts and China watchers warn the two sides could still …
China exploring blockchain for energy trading
The China Energy Administration (CEA) will explore blockchain-based power trading platforms to facilitate electricity trading between self-contained power generation units and the state and national …
Singapore eyes crypto credit curbs but China-style ban unlikely
Singapore is unlikely to head down China’s path in imposing a sweeping ban on cryptocurrencies, but will work to make conditions more stringent for investors who wish to speculate on the digital …
Audit deal will leave traders with China dregs
Beijing has conceded to U.S. demands which could theoretically let $1.5 trillion of New York equities skip delisting. However, a large swathe of Chinese companies will still leave New York, willingly …
China state-owned firms’ profit falls 2.1% y/y in January-July
Profit at China’s state-owned firms fell 2.1% to 2.68 trillion yuan ($387.54 billion) in the first seven months of the year versus the same period last year, the Ministry of Finance said. BEIJING, Aug …
China state-owned firms’ profit falls 2.1% y/y in January-July
Profit at China’s state-owned firms fell 2.1% to 2.68 trillion yuan ($387.54 billion) in the first seven months of the year versus the same period last year, the Ministry of Finance said. BEIJING, Aug …
China Moves More Aggressively on Covid as Political Summit Looms
Most Read from BloombergPowell Heaps Pressure on Risk Sentiment as More Catalysts LoomPowell’s 8-Minute Speech Erases $78 Billion From Richest AmericansAir France Pilots Suspended After In-Flight …
US moves will only backfire and spur China in high-tech
Chips have become the bone of contention in global high-tech competition, especially among major economies, because the United States is weaponizing semiconductors, in a bid to check China’s progress …
New military-inspired Chinese brand launches with 800kW electric SUV
China’s second-largest car manufacturer has launched a new electric vehicle brand, intended to offer a range of military-inspired luxury SUVs. The Mengshi M-Terrain production car will reportedly …
China: Zeekr Will Be The First Brand To Use CATL’s New Qilin Batteries
The upcoming Zeekr 009 will be the first model in Q1 2023, followed by the Zeekr 001 with a range of 1,000 km (622 miles) in Q2.
Inside Missfresh’s hunt for investor cash ahead of collapse
Fundraising deals struck right before the Chinese delivery start-up’s IPO have become the focus of investor lawsuits …
As China’s power crisis drains energy from a lacklustre equity market, any more shocks to the economy spells bad news
The ongoing power crisis has proved to be a drag on the CSI 300 Index, which has declined 8.6 per cent from a July high The diversion of electricity to household use has caused prices…
