China’s tech stocks fell once again Wednesday following a weak session for their U.S. peers and as firms backed by Tencent Holdings Ltd. came under pressure after the firm pared investment in the …
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Exclusive-Walmart arm did not deliberately remove Xinjiang goods, China exec tells analysts
Walmart Inc arm Sam’s Club, responding to the furore in China over what local media said was its deliberate removal of Xinjiang-sourced products from its app, denied the move in a call with analysts …
China Huarong Tumbles as Trading Resumes After 9-Month Halt
China Huarong Asset Management Co. slumped as much as 45% in Hong Kong as a nine-month trading suspension was lifted following a $6.6 billion state-orchestrated bailout of the troubled bad asset …
China Steps Up Its Efforts To Counter Bitcoin Ahead Of Key Events As ‘Digital Yuan’ Lands On Apple, Google App Stores
Phone and Android phone users in China can download an app to use the digital yuan from the respective marketplaces run by Apple Inc AAPL and Google parent Alphabet Inc GOOGL GOOG. What Happened: The…
China’s budget brand Chery planning return to Australia in 2022
Many Australians might know Chery from its $10,000 city cars and budget-priced SUVs it sold a decade ago – but the Chinese brand appears to be preparing …
US-China reach trade talk ‘stalemate’ despite expiry of phase-one deal as Beijing, Washington remain silent
China and the United States have reached a “stalemate” in the process to resume trade talks despite the expiry of their phase-one trade deal last week, with no clear indication from either Beijing or …
China accuses Walmart of ‘stupidity’ for pulling Xinjiang products
Walmart is the latest Western brand to become caught up in controversy while attempting to navigate Chinese politics. In December 2021, Chinese users began posting on social media that they could no …
China will modernize, not drastically expand, its nuclear arsenal: senior diplomat
China has no plan to drastically expand its nuclear arsenal but the country will continue to modernize it under the changing security environment, a senior Chinese diplomat said on Tuesday in response …
China’s expat tax breaks extension praised by Western companies, but business concerns remain
European Chamber of Commerce in China says decision will ‘stem the flow of foreign talent’ Protectionism, an opaque regulatory system and travel restrictions still frustrate multinationals China’s …
China Hi-Tech Fair Organizing Committee Office: CHTF 2021 Wraps: Advance High-Quality Development and Build a Novel Development Pattern
The 23rd China Hi-tech Fair concluded successfully on December 31, 2021 in Shenzhen, capping a three-day offline exhibition and a five-day online …
China slashes refined fuel export quota, raises LSFO -sources
China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur …
The Five Things That Will Determine The Success – or Failure – of China’s Digital Yuan Wallet
China today (Jan. 4) released its digital yuan wallet on Apple’s App Store and on Google Android app stores in the country. PYMNTS looks at why that matters.
China ups security review for online platforms seeking overseas IPOs
A newly revised Chinese regulation requires online platforms with more than 1 million users to undergo a cybersecurity review when they seek initial public offerings (IPOs) in overseas markets.