As the COVID-19 pandemic continues to rage and the world economy drags on, the first China International Consumer Products Expo (CICPE) marks a major step by China to further open its market and …
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Ant-Backed Snowball Finance Plans $300 Million U.S. IPO
The Beijing-based company, known as “xueqiu” in Chinese, is working with advisers on the proposed share sale, said the people, who asked not to be identified as the information isn’t public. Snowball …
Didi plans grocery unit IPO as early as 2022: report
Didi is gearing up its grocery delivery business as a new revenue source as growth in core ride-hailing business plateaus.
China propels BMW to strong profits, Germany lags
Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home market Germany trailed the ongoing recovery in global car …
Stock Markets Today: Vaccine Patents, Covid-19 Variants, China Tensions, Crypto
Eight years ago this month, global yields jumped and risky assets fell on a hint from then-Fed Chairman Ben Bernanke that the central bank might start trimming its bond purchase program, so investors …
China’s Waterdrop raises US$360 million in New York IPO -sources
Chinese online insurance technology firm Waterdrop Inc has raised US$360 million by pricing its shares at US$12 a piece in its New York initial …
Suning International Showcases New One-Stop Solution for Overseas Brands to Enter China at the China International Consumer Products Expo
Suning International, the international business arm of Suning Group, alongside its partners, presented at the inaugural China International Consumer Products Expo, held between May 7 and 10 in Haikou …
China’s Exports, Imports Surge on Strong Global Demand
Mitul Kotecha, senior emerging markets strategist at TD Securities, discusses the outlook for the Chinese economy and the yuan. China’s exports rose more than expected in April and imports climbed, …
China’s Exports Top Forecasts, Imports Growth Best In 10 Years
Chinese exports grew at a forecast-busting rate last month, data showed Friday, while imports surged at their strongest rate in a decade as the global economy bounced back from the pandemic crisis and …
China’s April soybean imports rise as delayed cargoes arrive
China’s soybean imports in April rose from a year earlier, boosted by the arrival of some delayed cargoes, customs data showed on Friday. China, the world’s top importer of soybeans, brought in 7.45 …
China’s imports, exports surge in April, continuing strong growth momentum
China’s trade volume grew 26.6% y-o-y to 3.15 trillion yuan ($486 billion) in April, with exports and imports rising 22.2% and 32.2%, respectively: customs data …
China’s Export Growth Unexpectedly Speeds up in April
Exports in dollar terms surged 32.3% from a year earlier to $263.92 billion, according to China’s General Administration of Customs, beating analysts’ forecast of 24.1% and the 30.6% growth …
China’s Trade Surges on Strong Global Demand, Commodity Boom
China’s exports rose more than expected in April and imports climbed, reflecting strong domestic and international demand and surging commodity prices.
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