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Syngenta’s US$9.26 billion IPO seen as ‘huge feather in the cap’ to lure foreigners to China’s market, analysts say
The 65 billion yuan (US$9.26 billion) offering is will be a ‘huge feather in the cap’ of Chinese equity markets and exchanges, says an analyst.
Crypto payments to Chinese fentanyl suppliers soared 450% over past year: study
Chinese suppliers of chemicals used in fentanyl production are increasingly relying on cryptocurrency payments to fund their operations.
Column: China’s petroleum trade subdued at start of 2023: Kemp
China’s petroleum trade has disappointed bulls hoping for a rebound at the start of the year to tighten global crude inventories, which helps to explain why benchmark oil prices have fallen …
Daily on Energy: Biden setting boundaries on China decoupling
Subscribe today to the Washington Examiner magazine and get Washington Briefing: politics and policy stories that will keep you up to date with what’s going on in Washington. SUBSCRIBE NOW: Just $1.00 …
Over 2000 Brands Showcased at 25th China International Baking Exhibition
The 25th China International Baking Exhibition opened at the National Convention and Exhibition Center in Shanghai on Monday, bringing nearly 10,000 exhibits for over 2,000 brands together from over …
Alibaba to cut 7% of workforce in its cloud unit as it pursues IPO for the division
Still, Alibaba has made some headway with its cloud business over the past few years. It is the number one player by market share in China and number two in Asia-Pacific, just behind Amazon, according…
Alibaba reportedly cutting 7% of jobs in cloud unit on track toward IPO
In March, Alibaba had said it would restructure by splitting into six different units, a bid to raise the overall valuation following a tough crackdown by China on the tech sector. Those units were …
New Crypto Rules Suggest Hong Kong Is ‘Testing Ground’ for China, Say Experts
Incoming crypto regulations in Hong Kong, which would let retail users invest in tokens, may be an experiment for mainland China.
Micron: US expresses ‘serious concerns’ after China bans its largest memory chipmaker
Beijing imports more than $300bn (£242.2bn) worth of foreign chips every year. Beijing’s decree comes a day after Group of Seven (G7) leaders singled out China on issues including Taiwan, nuclear arms …
Russia Energy Exports To China To Grow By 40 Percent: Deputy PM
Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said Tuesday, as Moscow seeks to deepen ties with Beijing in the face of Western …
In China’s words, it’s open for business. In actions, not so much.
China’s commerce minister is expected to meet Biden administration officials and try to drum up business interest. That’s a particularly hard sell right now.
China Blasts Japan Over Export Curbs on Chipmaking Technology
China lashed out at Japan over Tokyo’s new export restrictions on some chipmaking technology and said it would take action to defend its interests, just days after it banned some domestic firms from …
