The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31, according to the filing.
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IPO Preview: WalkMe, Atai Life Sciences Highlight Week Of Many Offerings
This week’s IPO lineup could feature a double digit number of companies … PJUT Marketplace and PaiPai Marketplace — help the company as the market leader in China with a market share of 6.6%. The…
China’s independent refineries likely to cut H2 crude imports by 27%
Crude oil imports by China’s independent refineries are likely to fall by 27% in the second half of 2021, S&P Global Platts estimated June 11, as a probe into illegal trading reduces PetroChina Fuel …
Corporate social responsibility should mean offsetting business ties in China
As their power and leverage grows, China’s actions have already proven that they will increasingly demand more deference from businesses that will prove untenable to any executives who believe in the …
Goat milk infant formula maker changes tack to protect exports to China
A decline in the value of finished infant formula products in China has led one goat milk company to change track in order to keep its foot in the door with Chinese consumers. Goat milk…
Factbox: NATO Brands China as Security Risk, Celebrates Return of U.S. Under Biden
NATO leaders branded China as a security risk to the Western alliance, designating the country as presenting a “systemic” challenge. It was a diplomatic victory for Biden who has urged fellow leaders …
Didi Duo Set for Billion Dollar Fortunes on Ride-Hailing IPO
Cheng Wei, the co-founder of Chinese ride-hailing giant Didi, is poised to shoot up the ranks of the super-wealthy when his firm lists shares in the U.S. The company filed last week for an initial…
Dark Tech: Latest Ransom Scandals Highlight Crypto’s Role As Money Laundering Play
Wealthy Russians, Chinese and Saudis are no longer buying up real estate; they’re hiding money in crypto wallets, and pumping billions into tech startups.
China debuts blockchain-based digital yuan salary payments in Xiong’an
China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan. According to the official website of the Xiong’an New Area, …
China ‘out of step with international norms’: Economic law, policy expert
Former National Economic Council Deputy Director Clete Willems reacts to China enacting a new law aimed at countering foreign sanctions.
French Companies Cite Issues at Nuclear Power Plant in China
One of the companies said there had been a buildup of gases at the heart of a nuclear reactor. They say the plant is still safe.
Biden plans to push NATO allies to take a tougher line with China, but their militaries aren’t equipped for the challenge
A new report said that European militaries have undergone decades of decline and are ill-equipped for the security challenges Biden sees as key.
Black Sheep Makes Good On Forbes Midas List, Sees Tech Growth In China
As the first of her clan to go overseas to study, “I’m a black sheep in the family,” she chuckled in a recent interview. Going her own way has paid off – for herself and…
