Gang Yu, Executive Chairman of U.S.-listed Chinese telemedicine company 111 says it has no plans for a Hong Kong secondary listing as it focuses on launching its IPO on China’s STAR market. ( read original…
Tagged By export
China exports soar 60% in two months of 20201
China posted a year-on-year growth of 60.6 percent in its exports during the first two months of 2021, the General Administration of Customs (GAC) has said. Exports reached $468.87 billion during the … ( read…
Exclusive: Targeting Tesla, China’s Geely to launch new premium EV brand – sources
China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV…
China to open 1st trial of Canadians held on spy charges
China is expected to open the first trial for one of two Canadians who have been held for more than two years in apparent retaliation for Canada’s arrest of a senior Chinese telecom executive ……
Biden’s team punts on trade relief as it prepares to coax China
The Biden administration is deliberately flipping the script, putting off discussions about tariffs and export controls until Beijing addresses other economic and national security concerns. It’s a … ( read original story …)
Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’
During his briefing, Lukashenko cited China’s experience as an example … could eventually oversee crypto-related matters in the country. There is only one crypto exchange registered locally … ( read original story …)
China’s Jan-Feb gasoline exports jump 30% year on year
BEIJING (Reuters) – China’s gasoline exports rose 30.1% year on year in the first two months of 2021, customs data showed on Thursday, as refineries sought to ease domestic inventory pressure amid … ( read…
How VW Group plans to dominate China’s EV market
The target represents a giant leap from where VW Group stands now on China’s electrified battlefield: The largest carmaker in China remains a small player. How can the German auto giant achieve the … (…
How China’s Digital Yuan Could Go Global
China has been piloting digital currency platforms in different countries to see how it can take its digital yuan global. ( read original story …)
What People in China Are Buying Right Now
As the mainland’s retail sales surge, brands need to tap into high-performing categories across fashion, accessories and beauty to keep up with local upstarts. ( read original story …)
China Ramps Up Farm Imports to Cover Domestic Food Shortages
The country shipped in almost 5 million tons of corn in January and February, more than five times the amount unloaded a year earlier, according to customs Thursday. That included an all-time monthly … (…
Chinese IoT platform developer Tuya prices US IPO above the range at $21
The article Chinese IoT platform developer Tuya prices US IPO above the range at $21 originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com. Investment … ( read original story …)
China’s SAIC partners with U.S. lidar maker Luminar on self-driving cars
Luminar, founded in 2012, is one of several U.S. lidar manufacturers in the past year to go public via reverse mergers with blank-check companies. SAIC, which is partnered in China with General … ( read…