Didi Global ADRs (NYSE:DIDI) fell over 5% in Thursday’s premarket trading following a report that authorities in China are considering slapping “serious, perhaps unprecedented” penalties on the …
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Wall Street banks redirect China IPOs to Hong Kong after Didi shock
Global investment banks are racing to redirect initial public offerings by Chinese groups towards Hong Kong after new cyber security rules from Beijing halted lucrative tech listings previously …
$300K In Bucks-Bound Counterfeit Car Parts Intercepted: Customs
Philadelphia Customs agents said the shipment from China, addressed to a Feasterville-Trevose location, contained 5,657 pieces.
Despite challenges, China attractive for foreign investors: economist
China and its companies will continue to attract foreign investments, but tensions on a number of issues like trade and tech with the United States increases the risk of a decoupling between the two …
Didi falls on reports that China is planning heavy penalties for the ride-share giant following its US IPO
Regulators were looking at a range of penalties. Measures could include forcing the company to delist or withdraw its US shares, Bloomberg reported.
Overseas demand for Chinese ginger is limited because the export price is too high
In other words, supply exceeds demand, and that is why ginger export is under a lot of pressure.” This is according to Mr. Cao Shuming of Shandong Anqiu Yiming Fresh Ginger Processing Factory. China …
Australia gets around wine war with China via soaring exports to Hong Kong
Hong Kong has emerged as a growing black market to cater to China’s thirst for Australian wine, after Beijing and Canberra’s diplomatic rift caused official supplies to drop by 97 per cent.The fallout …
China Weighs Unprecedented Penalty for Didi After U.S. IPO
Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month, according to people familiar with the …
China weighs serious penalties for Didi after market debut – Bloomberg News
Chinese regulators are considering serious penalties for Didi Global Inc (DIDI.N) after the ride-hailing giant’s initial public offering last month, Bloomberg News reported on Thursday.
EXCLUSIVE China’s CCPC takes centre stage in Iran, Venezuela oil trade-sources
A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago for handling Iranian crude, …
Biden’s Nomination Signals Commitment To Challenge China’s Weaponization Of US Tech
Some experts argue that even more is needed. These efforts will take time. In the interim, export controls provide a key policy lever to stop China’s acquisition of sensitive U.S.-made technologies, …
China wants to use crypto for insurance as it focuses on the adoption of digital yuan
China has already implemented the digital yuan in the e-commerce space, salaries and lotteries. Expanding to insurance could make it easier for citizens to get accustomed to using digital yuan and for …
U.S. imposed tariffs on China failed to deter its retailers: Bloomberg
The U.S. imposed tariffs on Chinese products squeezed U.S. retailers’ profit margins, but failed to deter them from buying from China, wrote a Bloomberg report on Wednesday.
