LONDON: World equity markets rallied on Wednesday lifted by hopes that inflation is peaking and a re-opening of China’s economy is near, with focus turning to U.S. Federal Reserve chief Jerome Powell …
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A brief look into NFTs in China
The process of creating an NFT is called minting, which involves the process of creating and uploading digital artwork as an asset on a blockchain. In China, NFTs are minted just like NFTs outside of…
Čína se v Česku snaží získávat pokročilé technologie. Stát se brání a prověřuje investice
„Čína se naopak snaží o naplňování programu Made in China 2025, včetně získávání pokročilých technologií v ČR,“ varuje kontrarozvědka BIS. Ta je od loňského roku nově angažovaná i v prověřování …
Sunshine Insurance Sets Terms for $948 Million IPO
Beijing-based Sunshine Insurance started taking investor orders for about 1.15 billion new shares on Wednesday, according to its prospectus, which confirmed an earlier Bloomberg News report. The …
Disengaging from China manufacturing is hard, but it’s happening slowly
We recently heard about Texas Instruments opening a packaging plant in Chengdu, and we mused that this is probably the last semis plant TI, or any …
World Business Watch: China’s factory, service activities shrink to 7 month low
China’s manufacturing and services activities shrank further in November to seven-month lows, stung by the country’s strict Covid restrictions. Analysts said that this will hurt the economy well into …
China’s Wind Turbines Get Ever Cheaper as Price War Hits Profits
China’s wind turbines will get even cheaper next year, supporting exports as products from western competitors become more expensive, according to one of the country’s leading manufacturers. Export …
Dollar slips from one-week high on China hopes as Powell speech looms
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File Photo …
UK faces ‘bleak winter’ as food prices soar; China’s slowdown deepens – business live
Rolling coverage of the latest economic and financial news, as UK fresh food prices climb by a record 14.3%. Poorer students over £1,000 worse off this year, warns IFS 07:42 Sally Weale …
BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
BYD was the top-selling car brand in China in the first four weeks of November, brokerage data showed, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in …
Hong Kong sees IPO slowdown reversing; eyes international issuers
Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets including the Middle East and Southeast Asia, …
China’s Tencent bets on cloud computing growth abroad as its core video games business takes a beating
The move marks a realization that Tencent needs to find new sources of growth abroad as China’s economy slows.
China factory, services activities slide to 7-month lows on COVID curbs
China’s manufacturing and services activities shrank further in November to seven-month lows, official data showed, stung by the country’s strict COVID-19 restrictions and rising infections that …
