Despite the Beijing leadership’s rhetorical emphasis on new industries and self-reliance, housing and exports are still driving China’s recovery.
Tagged By export
Has Beijing fired the first shot in the e-currency wars?
Beijing’s displeasure with Ant Group has been evident since last November, when the fintech was forced to pull a planned $US37 billion initial public offering at the last minute. This cancellation of …
Kraken crypto exchange CEO says a global regulatory crackdown could happen as adoption of digital coins grows
“Some other countries, China especially, are taking crypto very seriously and taking a very long-term view”, Powell said. China is planning to launch a digital yuan, while the Federal Reserve is still …
China’s robust exports and imports boost recovery
China’s exports rose sharply in March while import growth surged to the highest in four years.It’s another boost to the nation’s economic recovery.And signals improving global demand as worldwide …
Global shares mostly gain as China exports rise
China reported its exports rose nearly 31% in March, in line with expectations but weaker than the 60% growth seen in the first two months of the year. The rising trade activity reflects higher demand…
Exports shielded China’s economy in 2020, but they won’t drive as much growth this year
National exports rose 3.6% last year, while China’s GDP grew 2.3% as the only major economy to expand amid the pandemic.
China’s revamp of Ant dents investor appetite for IPO revival
China’s regulatory-imposed revamp of Jack Ma’s Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what …
Leshi, once hailed as ‘China’s Netflix’, and founder Jia Yueting hit with fines worth US$73.6 million in China for financial fraud
“Jia Yueting’s reputation in China will be a major stumbling block to Faraday Future’s business growth in the country,” said Eric Han, a senior manager with business advisory firm Shanghai Suolei.
Family funds eye China’s local brand boom despite bilateral tensions
Jonathan Belz says wealthy Australian and Chinese family investors are hungry for cross-border investment deals despite hostile bilateral relations.
Iron Ore Gains on China’s Import Surge as Focus Turns to Costs
China also plans to strengthen controls on raw … daily average iron ore exports from Brazil were 1.32 million tons in the first six business days of April, compared with 1.2 million in the …
China’s imports pick up further, exports strong in March
China’s imports and exports boomed again in March, data showed Tuesday, reaffirming the recovery in the world’s number-two economy continues apace and demand picks up in key overseas markets as they …
China’s exports missed forecast in March, while imports rose more than expected
The country’s imports in U.S. dollar terms rose 38.1% in March from a year ago, exceeding the 23.3% increase those analysts had forecast. Paras Anand, Asia-Pacific chief investment officer at Fidelity …
BioDuro-Sundia Completes First GMP Drug Product Manufacturing at New China Site
BioDuro-Sundia, a leading drug discovery and development services organization backed by Advent International, announced today it has successfully com …
