China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the world’s …
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EXPLAINER-What we know about China’s metals reserves release
China announced plans on Wednesday to release copper, aluminium and zinc from its national reserves to boost market supply and guide commodity prices to a return to normal ranges. [nL2N2NY06O] …
Growatt consolidates market-leading position as global top 10 brand
Global PV inverter shipments increased by more than 35% in 2020 despite the pandemic according to IHS Markit’s latest PV Inverter Market Tracker, with Growatt consolidating its market-leading position …
Didi IPO runs into flashing regulatory yield sign
Beijing trustbusters are probing the ride-hailing giant as it readies a market debut. Its dominance at home depends less on the anticompetitive tactics used by tech peers. Abrupt crackdowns on Ant and …
Restrictions are needed but full US-China tech decoupling isn’t wise, US Treasury Secretary Janet Yellen says
If we are too broad in our policies we can lose the benefits that come from having globally integrated technology systems,’ US Treasury secretary tells lawmakers.
European Companies Plan to Invest More in China After the Pandemic
Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey.
China’s Central Bank Braces for Weaker Yuan as Fed Plans Taper
Having sought to curb the yuan’s recent rapid advances, the People’s Bank of China is now dealing with a currency sliding on the prospect of over higher U.S. rates.
China, E-commerce Bolster Luxury Fur Sales in COVID-19 Year, Report Says
The global retail fur trade is worth $20.1 billion according to a new study commissioned by the International Fur Federation to be released on June 17.
BizBeat Ep.154: Chinese imports substantially helped U.S. farmers
Former U.S. President Donald Trump’s trade tariffs against China have left American farmers dependent on government handouts. But now, rising U.S. exports to China and surging global food prices are …
Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy
The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap. The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff …
China’s ride-hailing giant Didi Chuxing sets the stage for a mega US IPO
China’s largest ride-hailing firm, Didi Chuxing, last week made public the filing for its long-anticipated US stock market listing …
Exclusive: China’s IPO-bound Didi probed for antitrust violations – sources
In its IPO prospectus made public last week … The company now employs about 13 million annual active drivers in China, according to its prospectus. In recent months China has sought to curb the …
Chinese Trucking Startup Seeks $1.6 Billion in US IPO
Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in an initial public offering, which would make it one of the biggest U.S. listings by a Chinese…
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