China’s market regulator began an antitrust probe into Didi Chuxing, just as the ride-hailing giant is pushing ahead with its IPO in the U.S. this year.
Tagged By import
BOC-10 destroys P75-M cigarettes from China
Makers of illegally imported cigarettes are resorting to another tactic by making it look like the products they are shipping to the country is locally manufactured by labeling cigarette boxes with …
Bitcoin miners exit China, beat a path to the U.S. as crypto climate shifts
Beijing appears uneasy not only about the industry’s carbon footprint, but also the intrinsically uncontrollable nature of cryptocurrency.
Why digital sports entertainment is the next big sports industry business in China
Favourable national policies in China have led to rapid growth of the sports industry; and industry’s newest main driver comes from technology-enabled sports entertainment business.
Analysis – China’s growing bunker fuel market squeezes out N. Asian competitors
China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the world’s …
EXPLAINER-What we know about China’s metals reserves release
China announced plans on Wednesday to release copper, aluminium and zinc from its national reserves to boost market supply and guide commodity prices to a return to normal ranges. [nL2N2NY06O] …
Growatt consolidates market-leading position as global top 10 brand
Global PV inverter shipments increased by more than 35% in 2020 despite the pandemic according to IHS Markit’s latest PV Inverter Market Tracker, with Growatt consolidating its market-leading position …
Didi IPO runs into flashing regulatory yield sign
Beijing trustbusters are probing the ride-hailing giant as it readies a market debut. Its dominance at home depends less on the anticompetitive tactics used by tech peers. Abrupt crackdowns on Ant and …
Restrictions are needed but full US-China tech decoupling isn’t wise, US Treasury Secretary Janet Yellen says
If we are too broad in our policies we can lose the benefits that come from having globally integrated technology systems,’ US Treasury secretary tells lawmakers.
European Companies Plan to Invest More in China After the Pandemic
Nearly 60% of European companies plan to expand their China operations in 2021, up from 51% last year, according to an annual survey.
China’s Central Bank Braces for Weaker Yuan as Fed Plans Taper
Having sought to curb the yuan’s recent rapid advances, the People’s Bank of China is now dealing with a currency sliding on the prospect of over higher U.S. rates.
China, E-commerce Bolster Luxury Fur Sales in COVID-19 Year, Report Says
The global retail fur trade is worth $20.1 billion according to a new study commissioned by the International Fur Federation to be released on June 17.
BizBeat Ep.154: Chinese imports substantially helped U.S. farmers
Former U.S. President Donald Trump’s trade tariffs against China have left American farmers dependent on government handouts. But now, rising U.S. exports to China and surging global food prices are …
