During the meeting, Wang emphasized that China will unswervingly promote high-level opening-up and is willing to create a good business environment and provide efficient services for multinational …
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Alibaba’s restructuring and Jack Ma’s homecoming are all part of China’s plan
Ma is seen as a symbol of China’s tech industry and a barometer of the Chinese government’s support for private business. His presence is perceived as evidence of a more supportive approach to the private…
Shanghai exchange scraps meeting for Syngenta’s US$9.5 billion IPO, disrupting plans for world’s biggest offering of 2023
The Shanghai Stock Exchange scrapped a meeting to evaluate the listing plan from Syngenta Group, China’s state-controlled seeds and agrichemicals powerhouse, delaying what could be the year’s biggest …
China demand uncertainty caps steel firms’ prospects
China’s weak domestic demand also comes as its steel production is rising, leading to higher risks on exports and, thereby, pressure on global steel prices. Nomura Research sugg …
China rolls out the red carpet for foreign CEOs, but investors ‘cautiously reconnecting’ after reopening
“They are also cautiously reconnecting with China and need to observe how the country will address urgent economic issues such as sinking export, the unravelling of its real estate, local government …
China’s high-quality development to offer broader room for foreign businesses: vice premier
China will promote its high-standard opening-up in a steadfast manner, implement supportive policies for foreign companies, and continue to build a sound business environment, He said at the “Invest …
Alibaba Leads China Tech Gains as Investors Cheer Breakup Plan
Chinese tech shares jumped on optimism that Alibaba Group Holding Ltd.’s plan to split up its business will mean the further easing of regulatory constraints for the sector. Shares of Alibaba surged …
Australian companies ‘doubling down’ on exports to China despite trade war, AUKUS tensions
“They’re doubling down at the state level and thinking, ‘We need the Chinese — we need to be exporting to China for our growth.'” Professor Golley said despite the federal government’s efforts to …
Alibaba’s $32 Billion Day Signals Breakups Ahead for China Tech
It hived off Alipay in 2010, an unpopular move at the time that nonetheless led to the creation of Ant Group Co. The fintech affiliate controlled by Ma was on the verge of pulling off…
China offers foreign firms big prospects
Vice-Premier He Lifeng said on Tuesday that the sustained and healthy development of the Chinese economy and the advantages of its super-large market offer broad prospects to foreign enterprises …
China urges Apple to improve security and privacy
Apple is keenly aware of China’s importance to its business. In its most recent annual financial results [PDF] the iBiz reported $74.2 billion – almost 19 percent of its $394 billion annual revenue – …
Are US Sanctions On China Working? China Tech ETFs Paint A Picture
U.S. advanced semiconductor technology embargo on China and ramp-up of the semiconductor technology base have affected China. Shares in top Chinese chipmakers shed $7.7 billion in market value on …
Don’t ban oil exports to China
Beltway silliness is as unavoidable as the summer humidity because rent-seeking groups, both economic and ideological, have powerful incentives to advocate legislation that would advance their …