The price of bitcoin (BTC, -2.13%) and other cryptocurrencies fell Saturday morning after reports emerged that a large number of cryptocurrency “Key Opinion Leaders” (KOL) on Weibo were blocked, a …
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Reckitt to sell China baby formula business to Primavera Capital for $2.2 bln
British consumer goods maker Reckitt Benckiser Group Plc (RKT.L) said on Saturday it was selling its infant formula and child nutrition (IFCN) business in China to investment firm Primavera Capital …
BRIEF-Reckitt To Sell Its Infant Formula Business In China For $2.2 Billion To Primavera Capital Group
TO SELL ITS INFANT FORMULA BUSINESS IN CHINA FOR $2.2 BILLION TO PRIMAVERA CAPITAL GROUP * IT HAS ENTERED INTO A DEFINITIVE AGREEMENT TO SELL ITS INFANT FORMULA AND CHILD NUTRITION BUSINESS IN CHINA […
China debt: has it changed in 2021 and how big is it now?
China’s debt levels rose significantly in 2020 as a result of looser fiscal policy to help revive the coronavirus-hit economy, and it now stands at 270.1 per cent of gross domestic product.
China’s manufacturers braced for drop in orders as coronavirus outbreak snarls-up southern shipping hubs
Severe congestion at Shenzhen’s Yantian port is spreading to Nansha port in Guangzhou following the discovery of several coronavirus cases in southern China.
China should allow a Covid-19 leak theory probe at Wuhan lab – if US does the same at Fort Detrick
It is natural for the world to demand a definitive answer as to the origins of the coronavirus. For that, a hard look at not only China, but the US and the rest of the…
Tencent-Backed Kanzhun Seeks up to $912 Million in U.S. IPO
Kanzhun Ltd., the owner of Chinese online recruitment platform Boss Zhipin, is looking to raise as much as $912 million in its U.S. initial public offering, braving the market at a time when many …
China Launches New Copyright Protection Blockchain
The Copyright Society of China (CSC), a public, government-tied institution under the National Copyright Administration of China, launched the China Copyright Chain on Tuesday. The new blockchain can …
Tesla’s love affair with China will weather recent sales slump, backlash over safety concerns, say analysts
A report by technology news website The Information said the carmaker’s vehicle orders in China plummeted in May, after recent run-ins with officials and customers over the quality of its locally …
Death knell for Chinese crypto miners? Rigs on the move after gov’t crackdown
When it comes to China, few things are crystal clear, and the nation’s recent crackdown on crypto mining is no exception. The State Council’s Financial Stability and Development Committee reported on …
Fast Fashion Retailer Shein Prepares For Possible $47 Billion IPO
Chinese fast fashion retailer Shein is understood to have begun preparations for a possible $47 billion IPO. Despite denying the rumors, the sizzling hot IPO market could yet see Shein join Poshmark, …
Fast Fashion Retailer Shein Could Become Latest IPO
Chinese fast fashion retailer Shein is understood to have begun preparations for a possible $47 billion IPO. Despite denying the rumors, the sizzling hot IPO market could yet see Shein join Poshmark, …
Bitcoin: China’s crackdown isn’t enough – only a global effort can stop crypto’s monstrous energy demand
Bitcoin’s booming popularity has caused its electricity demand to swell. With no central planning, a perpetual arms race for equipment continues, creating 15,000 tonnes of burned out electronic waste …
