The West must step up its ambitions if it wants to compete with China’s green tech manufacturers, a leading expert on the country’s net zero ambitions told last week’s Net Zero Festival. Last year, …
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Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
The Swedish auto maker said it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
China Evergrande to raise $5 bln from property unit sale – Global Times
China Evergrande will sell a majority stake in its property management business for more than $5 billion, Chinese media said on Monday, a deal which would be the largest asset sale yet at the …
The Station: Inside the Rivian R1T and its IPO filing
Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Welp, it was an EV heavy week, starting with the…
2021 Fosun Family Season to Set the “Fosun China-Chic” and Launch Fosun Membership System “Fosun Selection”
Fosun Family Season officially kicked off in Yuyuan in Shanghai. Centered around the theme of “Fosun China-Chic Families Carnival”, Fosun and more than 70 brands in its ecosystem jointly participated …
Silicon metal and aluminum industries hit by China power shortages
A combination of booming demand for coal-fired power and a shortage of the black stuff – exacerbated by a political row with Australia – have forced up prices to the extent fossil fuel generators are…
After losing 80% of its stock price, China Evergrande stops trading at Honk Kong stock market
China Evergrande, the embattled property behemoth, stopped trading in its shares on the Hong Kong stock market without citing a reason.
China Not Complying With Phase One Trade Deal, US To Announce: Report
The US Trade Representative will announce Monday that China is not complying with the terms of phase one U.S.-China trade deal signed under Trump’s watch, CNBC reported quoting sources.
COLUMN-China energy crunch may boost overseas metal producers: Russell
The energy crunch in China has some obvious winners, with coal and liquefied natural gas (LNG) prices surging to record highs, but the outlook for other commodities is more mixed and dependent on how …
Trump’s Exit From Asian Trade Pact Damaged America, Boosted China
Donald Trump pulling the U.S. out of the Trans-Pacific Partnership aided China and put U.S. companies at a competitive disadvantage.
China’s economic progress, stability benefiting the world
It plans to open at least 10 plants during China’s 14th Five-Year Plan period (2021-25) to ramp up its production capacity in the nation to meet growing demand. “Over the years, the opening-up …
China’s Communist Party exerting tighter control over the country’s internet giants
“Who is going to stand up and say to Xi Jinping, ‘Your policy is going to be harmful to China’? ” asks Chinese politics specialist at London institution.
China’s Service Trade Further Expands in First Eight Months
China’s service trade went up 9.4 percent year on year to top CNY3.27 trillion (about USD504.21 billion) in the first eight months of the year, the Ministry of Commerce said yesterday. Of the total, …
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