CHINESE spicy snack food maker Weilong Delicious Global is aiming to raise up to $141 million in a Hong Kong initial public offering launched on Monday, well below its initial target of about $1 …
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Chinese carmakers are ordering their own ships to get export ready
BYD Co., which only makes electric and hybrid cars, is going the extra length to avoid any last mile supply chain snarls, ordering at least six ships in October, each with the capacity to carry…
These Chinese carmakers bought their own ships to make exports smooth
China recently overtook Germany as the world’s second-largest auto exporter, sending almost 2.6 million vehicles abroad in the first 10 months of 2022, eclipsing 2021’s volumes. Even October’s …
Import checks | Quality on lips, China on mind
Highlights India is planning to issue fresh quality control orders (QCOs) to check imports of mass-production items The QCOs mainly aim at stopping goods from China entering India The move creates a …
Oil prices climb after OPEC+ keeps output cut targets, China eases COVID curbs
Oil prices rose as much as 2% on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap kicking in on Russian crude. At the same…
China-Laos Railway sees first direct train for imported fruits to Chinese markets
A train loaded with 25 containers of fruits from Thailand and Laos on Saturday arrived at Mohan railway station of the China-Laos Railway, southwest China’s Yunnan Province. This is the first direct …
AUD/USD and NZD/USD Fundamental Daily Forecast – Trading Higher as China Relaxes Some Virus Rules
China is signaling more easing may come in the nation, which has been under strict COVID-related restrictions for more than two years.
Nurturing tech SMEs with timely funding
SMEs specializing in niche industries with cutting-edge technologies and great growth potential — recognized by the Ministry of Industry and Information Technology. “The launch of the BSE 50 index …
China’s internet sector R&D spending logs robust growth
China’s major internet enterprises saw their spending on research and development (R&D) resume a double-digit expansion in the first 10 months of 2022, official data showed. During this period, R&D …
China’s e-commerce market is changing as big players such as Alibaba adjust to thrifty consumers amid leaner times
China’s online consumer market is moving from a previous structure dominated by Alibaba Group Holding to a more diversified warring state as consumers become more thrifty amid an economic downturn.
China services activity shrinks further in November- Caixin PMI
China’s services sector contracted sharply in November, a private survey showed on Monday, as rapidly rising COVID-19 cases invited more lockdown measures and further disrupted economic activity. The …
Asian stocks up, dollar down as China eases more Covid measures
Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict Covid containment measures in China that have hammered the world’s number-two economy. The moves helped …
Business seen as key ally in green push
Private enterprises can play a key role in leading the green transformation in the Asia-Pacific region, with more support needed to take care of the financial needs of smaller businesses, a forum has …
