China’s imports of major commodities appeared largely steady to even somewhat soft in the first two months of the year. But the bland figures mask some dynamic shifts, which are likely to be …
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Ant Group IPO said to be delayed indefinitely
An Ant Group initial public offering is said to delayed indefinitely amid China’s crackdown on the tech industry. Bankers who last fall discussed a possible Hong Kong-based IPO of the fintech …
U.S. Firms in China Aren’t Leaving. They’re Just Not Investing More, According to This Survey.
American firms with operations in China continue to face frustrations ranging from pandemic restrictions to policy hurdles, a new report says …
Amazon’s business closely entwined with China, suppliers linked to forced labour in China: Watchdog group
A report from the Tech Transparency Project said that Amazon’s business is closely entwined with China and its suppliers linked to forced labour in the Xinjiang region of China. The research group …
China’s amateur investors are betting big time on a boost to Russian trade
By Laura He, CNN Business Chinese retail investors are snapping up stocks with even the slightest link to trade with Russia, as they bet on closer economic ties between the two countries following …
Semiconductor imports to China shrink for first time in two years, but value jumps nearly 20 per cent
Integrated circuit imports fell 4.6 per cent in January and February to 91.9 billion units year on year, but the value of imports jumped nearly 20 per cent amid a global chip shortage.
GM preparing to launch a new premium import business in China
General Motors plans to create a new premium brand in China to market what the automaker’s China chief Julian Blissett recently described as “halo cars” brought in from the United States. GM plans to …
Is GM Looking To Pose Direct Challenge To Tesla, Nio In China With A New ‘Incubated Startup?’
General Motors Company (NYSE: GM) is rolling out a startup-like import unit that would focus on China’s high-end market, CnEVpost reported on Tuesday, citing a company executive. What Happened: The …
China led world with 500,000 electric car exports in 2021
According to the General Administration of Customs of China, the number of passenger EVs exported in 2021 increased 2.6 times to 499,573 units. Meanwhile, Germany doubled its exports to about 230,000 …
Chinese police busts illegal crypto mining farm, seizes 190 miners
The mining operations were reportedly being carried out in a closed-door location with a guard at the gate along with fences and walls to hide it from plain sight.
China Supports Tech Firm U.S. IPO Revival, Signaling End to Freeze
The China Securities Regulatory Commission told banks that it would permit some U.S. listings by companies that meet certain criteria, such as those that don’t possess sensitive data, the people said.
President Biden to Sign Crypto Executive Order This Week
President Joe Biden is gearing up to sign a much-anticipated executive order on cryptocurrencies later this week, Reuters reports, paving the way for a wave of detailed studies on …
Zibuyu plans Hong Kong IPO
China’s Zibuyu Group, a cross-border e-commerce company, has revived its plans to go public in Hong Kong, having refiled a listing application with the city’s stock exchange. The group submitted its …
