China’s state-dominated economy is going the way of all centrally-planned economies — down the drain. It’s worth contemplating why, if for no other reason than to avoid this catastrophe here at
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UPDATE 1-China’s Tuhu to raise up to $161 mln in Hong Kong IPO starting Thursday
Chinese car maintenance service start-up Tuhu Car says it will price its shares in an indicative range of $HK28 to $HK31 ($3.58-$3.96) each as it aims to raise up to $161 million in its Hong…
China Hongqiao shifts 1.5 mln T aluminium capacity to Yunnan so far
China Hongqiao Group has fired up 1.5 million metric tons of aluminium smelting capacity in the country’s southwest where it aims to move 4 million tons by end-2025 to take advantage of low-carbon …
China says it has not banned purchase, use of foreign phone brands
China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports that said some government agencies and firms …
US VC firm BlueRun’s China arm ditches Silicon Valley brand after Sequoia amid rising US scrutiny on tech investment
BRV China, which manages over 15 billion yuan (US$2 billion) in assets, has changed its English brand to Lanchi Ventures, the Beijing-based company said in a statement on Wednesday. Lanchi is the …
China extends tariff exemption on import of some US goods
China on Wednesday announced that Beijing will continue to exempt some US goods from additional import tariffs until April 2024. The development came after Washington announced similar exemptions last …
Chinese carmaker SAIC Motor expects to export 1.2 million vehicles in 2023 as MG brand ‘revival’ fuels 20% rise
The revival of the MG brand shows China’s rising manufacturing might in the automotive sector,’ analyst says As mainland China’s largest exporter, SAIC is leading the country’s push to overtake Japan …
China says no law banning iPhone use in government agencies
“China has not issued any laws, regulations, and policy documents prohibiting the purchase and use of foreign brand smartphones, including iPhone,” foreign ministry spokesperson Mao Ning told a …
Arm’s IPO Pricing to Test Everything From AI Hype to China Risk
The IPO touches on an array of hot-button issues for tech investors, including potentially excess enthusiasm related to artificial intelligence, as well as geopolitical risks involving China and its …
China unveils ‘blueprint’ for Taiwan integration while sending warships around the self-ruled island
China on Tuesday unveiled a plan to deepen integration between the coastal province of Fujian and self-governing Taiwan, touting the benefits of closer cross-strait cooperation while sending warships …
Italy Fashion Billionaire Wants China Growth Outside Belt and Road
An Italian fashion billionaire who is opening a new shop in China almost every week says bowing out of a controversial investment pact between the two nations won’t hurt his business. Renzo Rosso, …
Defective quality of China’s arms put buyer nations in peril, export declined to 25 per cent
The Stockholm International Peace Research Institute (SIPRI) highlights that between 2016 and 2020, China’s arms shipments saw a decline of 7.8 per cent when compared to the preceding five-year period …
China Focus: Nearly 100 mln torchbearers carry online flame to Hangzhou Asian Games
HANGZHOU, Sept. 13 (Xinhua) — While the physical torch of the 19th Asian Games, also known as Asiad, is currently being relayed across east China’s Zhejiang Province, an online “digital torchbearer” …
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