Gambian President Adama Barrow on Saturday inaugurated at least four road and bridge projects fully financed by China, ending decades of transportation hurdles for people and businesses in the country …
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Kaliwa Dam project puts to test China’s new “green” rules and standards for overseas projects
The newly-issued guidelines are seen as highly influential in pushing for much deeper environmental considerations in the planning and implementation of projects under the Belt and Road Initiative.
Ant boosts capital to US$5.4bil after IPO halted
Ant Group Co has ramped up its capital base to 35 billion yuan (US$5.4bil or RM22.50bil), almost a year after Chinese regulators thwarted its record initial public offering (IPO) and told it to …
China data-rigging allegation: IMF backs former World Bank chief after review
Kristalina Georgieva and other World Bank officials came under investigation amid claims they pressured staff to alter data affecting China’s business ranking, but IMF backs her after review.
S. Korea’s export surges 63.5 pct in 1st 10 days of October
South Korea’s export surged in the first 10 days of this month amid the continued global demand recovery, customs office data showed Tuesday. The outbound shipment reached 15.2 billion U.S. dollars in …
China’s BSN to launch portals in Turkey, Uzbekistan
China’s Blockchain Services Network is set to launch portals for its international versions in Turkey and Uzbekistan, according to a press release. Red Date Technology, the BSN’s architect firm, …
China-ASEAN trade and economic ties deepen
The expo is of great value for the company to promote its products not only to Asian markets but also to the rest of the world, as business representatives gather there from not only Asia…
Springsnow Food Group’s IPO to debut on Shanghai Stock Exchange
Springsnow Food Group (605567) to start trading on the Shanghai Stock Exchange’s Main Board Oct 13, tomorrow. The firm has issued 50.00 mln shares priced at RMB 11.8 per share raising RMB 590 mln. Its…
‘Little by little’: Intricate local knowledge helping China’s homegrown beauty brands chip away at MNC dominance
International beauty companies are in danger of losing market share to China’s homegrown beauty brands that are more in tune with the needs and concerns of the varying demographics that make up the …
Lenovo’s China IPO withdrawal leaves investors fuming as they blame founder Liu Chuanzhi for woes
The massive salaries paid to Lenovo’s senior executives and founder Liu Chuanzhi has angered investors, who want the company to shift to high value software business rather than computers.
Hangzhou: Rising Distribution Center of Digital Resources in China and Key Player in Globalization Reconstruction
In a recent Economist Intelligence Unit ranking of emerging Chinese cities, Hangzhou, Shenzhen, Guangzhou, Shanghai and Zhuhai stood out as the top five. These cities in southeast China are estimated …
‘Build Back Better World:’ U.S. races to counter China’s ‘predatory’ Belt and Road initiative
America and its allies are scrambling to establish a global infrastructure funding mechanism to counter the trillions of dollars China has spent to build projects and buy influence through what U.S.
McDonald’s offers digital token ‘Big Mac Cube’ in Shanghai as fast-food chain ramps up China expansion
McDonald’s China has become the first mainland-based restaurant chain to launch non-fungible tokens (NFT) amid a surge of interest from young consumers in digital retail trends. A limited number of …
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