JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to US$2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been …
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China scrutiny stymies JD.Com fintech unit’s $2 bln Hong Kong IPO -sources
JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been …
Didi asks shareholders to approve delisting in New York to satisfy Beijing before going public on another exchange
Beijing’s probe into Didi, launched two days after its US$4.4 billion IPO in New York, has become a cautionary tale for overseas investors about China tech stocks. Didi closed at US$1.53 on Wednesday, …
Bitcoin, Ethereum, crypto at 2022’s lowest point
The crypto bear run extended on Thursday, as China’s inflation rose by 1.5% in April from March amid lockdowns and supply chain disruptions, while U.S. inflation (CPI) rose by 8.3% in the same …
China Resources in talks to take Sihuan Pharma private at $3 billion valuation -sources
State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 billion, …
Foreign Investors Consider Ditching China After Exports Slump
Country’s export growth slowest in nearly 2 years, as Beijing’s ‘zero-COVID’ policy takes economic toll on trade, manufacturing …
Ep. 392: U.S. can’t afford to decouple from China
In this episode of BizBeat, CGTN reporter Aaron Liu will unwrap the rationales behind why the U.S. cannot afford the economic decoupling from China.
Major China Developer Sunac Misses Payment as Crisis Spreads
Sunac China Holdings Ltd. didn’t pay a dollar-bond coupon before a Wednesday deadline and doesn’t expect to make payments on other notes, becoming one of the biggest Chinese property companies to …
China Price Index: How Major Chinese Manufacturers Are Responsibly Scaling Production for Glyphosate, Other Agrochemicals
Índice de precios de China. He also provides insight on how China’s leading manufacturers still view glyphosate as a profitable product, amid the background of global inflation, crisis in Eastern …
China’s Digital Currency Lead Threatens Global Democracy
China is leapfrogging the U.S. with a combination of monetary policy and embrace of blockchain technologies. The Chinese government will use e-CNY to trace money flows into and out of citizens’ bank …
Global companies suffer under China’s ‘unsustainable’ zero Covid policy
As businesses in China continue to suffer due to zero-covid policy, global brands have revealed the damage to their bottom lines as both supply and demand took a major hit with millions of people …
East China’s Zhejiang sees robust foreign trade in Jan.-April
The foreign trade value of eastern China’s Zhejiang Province rose 19.3 percent year on year to 1.43 trillion yuan (about 212.5 billion U.S. dollars) in the first four months of this year, according to …
A closer look at China’s latest CPI
Overall, the CPI growth in April is mainly attributed to the rise in food prices and fuel prices. The National Statistics Bureau has also published the CPI without food and fuel, which has grown by…