The planned transactions by the cash-strapped Chinese property developer’s unit are part of an effort to strengthen its financial position and fund EV production.
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The Women’s Tennis Association chooses morality over business with China
The Women’s Tennis Association is taking a stand against China. The cowards at other sports organizations should take note.
Enes Kanter takes shot at LeBron James’ business relationship with Nike, China: ‘Money over morals’
Boston Celtics center Enes Kanter continued to unleash against Nike on Thursday, with an additional shot at one of the company’s biggest stars, LeBron James. Kanter, who in previous weeks has called …
WTA threat to quit China over Peng Shuai’s disappearance puts Porsche and SAP in a bind
The threat by the Women’s Tennis Association (WTA) to quit China after one of its stars, Peng Shuai, disappeared from public view, leaves at least two global brands watching anxiously to see how this …
2022 Lincoln Zephyr Is Brand’s First Chinese-produced Sedan, Showcases New Design
Lincoln Zephyr, the first sedan made in China by the American brand, has been showcased at Auto Guangzhou. The all-new model is built for the Chinese local market and its goal is to strengthen the…
AI Giant SenseTime Wins Nod for Over $1 Billion Hong Kong IPO
China’s biggest artificial intelligence firm SenseTime Group Inc. received approval from the Hong Kong stock exchange for its initial public offering that could raise at least $1 billion, according to …
Containers Believed To Carry Radioactive Substances From Pak To China Seized At Mudra Port
The statement by Adani Ports clarified that the containers were destined for Mudra port or any other port in India.
Baltimore CBP officers seize 1,000 potentially dangerous solar panels from China
U.S. Customs and Border Protection is ensuring that a recent shipment of 1,000 imported solar panels in Baltimore won’t see the light of day. America Baltimore solar panel CBP officers initially …
Women’s tennis takes on China with threat to pull its business
WTA chief executive Steve Simon has threatened to pull the tour out of the country following the disappearance of Peng Shuai.
US businesses in China must be transparent, with more restrictions in place, congressional advisory panel says
The US government’s leading advisory panel on China policy is calling for more transparency from American businesses operating in China, and it has recommended further restrictions on investment in US …
China’s small businesses are desperate for a lifeline, but tax cuts are ‘just sweeteners’ amid dwindling demand
Supply-chain disruptions, high raw-material costs and a power crisis have had an outsized impact on SMEs that were already struggling to stay afloat during the pandemic.
Lincoln Zephyr for China puts brand back in the sedan game
Lincoln has resurrected a historic nameplate and returned to the sedan segment. Designed only for China, the Zephyr is aimed at young buyers.
China Evergrande EV Unit to Raise $347 Million From Share Sale to Fund Production
Earlier this month, the EV business announced plans to raise HK$500 million to fund production of cars made by its Hengchi brand. China Evergrande, the world’s most indebted developer, has been …
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