Hesai Technology Co., a Chinese developer of sensor technologies used in self-driving cars, is aiming to raise about $200 million in new funds ahead of an initial public offering, according to people …
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China hedging on Russia over Ukraine war
Since the start of Russia’s invasion of Ukraine, China has said all the right things in support of Russia, its professed strategic partner. Chinese officials have faithfully repeated Russian …
Could Russia Look to China to Export More Oil and Natural Gas?
Russian natural gas could increasingly find a home in China as the countries have strengthened ties in a way that could undermine some of the West’s …
How Luxury Brands Can Enter China’s Crypto-Forbidden Metaverse
NFTs might be illegal in China, but there are a plethora of options for luxury brands entering the Chinese metaverse.
3 Reasons Why the World Is Never Going Back on Crypto
FTX is one of the world’s largest crypto companies, valued at around $18 billion and run by Sam Bankman-Fried, one of the world’s wealthiest young people. Simultaneously, many major financial …
Daily Update: China’s Evolving Role in International Trade
Today is Wednesday, March 9, 2022, and here’s your curated selection of essential intelligence on financial markets and the global economy from S&P Global. Subscribe to be notified of each …
Payments face the prospect of a decentralized, blockchain-based future
Despite the current financial turmoil, proponents of de-dollarization still have a mountain to climb. But blockchain and digital currencies could put their goal within eventual reach.
From digital dollar to tackling illegal activity: Here’s what’s in Biden’s executive order on crypto
U.S. President Joe Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies. It’s a long-awaited directive that has had the crypto …
MPA CEO on Dealing with China, Pandemic Headaches, and State Incentives and Boycotts
Charles Rivkin has an enviable view. From his desk in the Motion Picture Assn. offices, Rivkin can look out at the White House, a reminder of the proximity to power that comes with being …
Increased Investment in the Textile Industry to Extend the Scale of Production Is Majorly Boosting the Textile Raw Material Market in China
“China Textiles Market Data Review”Rapid Urbanization, Increase in Disposable Income and the Rapid Developments in the Textile Sector in China Have …
Disney Shareholder Proposal On Human Rights Highlight Company’s Complicity in China Genocide
National Legal and Policy Center will present a resolution at The Walt Disney Company’s annual shareholder meeting that would require an annual report on the company’s efforts to determine human …
China Asks State-Owned Refiners To Halt Gasoline, Diesel Exports
Chinese authorities have asked state refiners in the country to consider halting diesel and gasoline exports next month due to heightened concerns about oil supply after Russia invaded Ukraine …
How the changes to China’s customs rules will impact exporters
NSF’s John Rowley explains how customs changes in China will affect food businesses after new rules came into effect in January.