Chinese President Xi Jinping has unloaded more drama than is fit for an over-the-top Mexican soap opera on markets this year. But while …
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Deserted factories show how China electric car boom went too far
While home-grown stars like Nio Inc. and Xpeng Inc. have gone on to sell cars in numbers that rival Tesla, scores more have fallen by the wayside.
China’s Secondhand Business Is Booming
Travels in the Billion-Dollar Trash Trade” and “Secondhand: Travels in the New Global Garage Sale.” As summer fades, China’s consumers have grown increasingly cautious. Strict Covid measures are one …
China’s XTransfer, a Cross-Border Financial and Risk Management Service Provider, Secures $138M via Series D
China’s XTransfer, a cross-border financial and risk management solution provider, secures $138 million in capital via its Series D round.
Global potential: POLA expecting overseas sales to surpass $270m by 2023 on the back of China demand
Japanese skincare brand POLA has been projected to achieve more than $270m in overseas sales in the next couple of years thanks to the strong demand from China’s luxury beauty market.
The Wall Street debt machine pauses as China’s property woes rattle stocks, crypto, memes and more
The largest part of the nearly $10.6 trillion U.S. corporate bond market sat idle on Monday as investors watch for spillover from the debt woes of China’s second-largest property developer.
China Ride-Sharing Platform DiDi Plunges 6.6% On Report President Jean Liu Plans To Depart
Shares in China ride-sharing app DiDi Global plunged 6.6% in New York Stock Exchange trade on Monday following a Reuters report that President Jean Liu plans to leave the company and expects the …
China Needs a Lehman-Level Meltdown to Crash Its Steel Mills
Investors are worried that Evergrande’s unraveling will ensnare the property sector and the commodities that feed it. If history is any guide, this sector still has legs.
Shipping stocks hammered as China fears intensify
Dry bulk shares suffer double-digit declines, with tanker and container stocks also caught up in the sell-off.
Coinbase drops as crypto joins broader markets in steep sell-off on China fears
Coinbase fell as much as 5.7% on Monday amid a broader sell-off in the crypto and stock markets. The dip in Coinbase shares coincided with steep drops in the prices of nearly all major …
Bad for business: WB China rigging scandal rattles investors
Economists said such reports – by the World Bank and others – were useful but had long been vulnerable to manipulation.
Douyin’s app limits for kids align with China’s tech crackdowns
China’s ruling Communist Party reminded the tech sector who’s calling the shots this past year by squashing Ant Financial’s IPO, removing ride-hailing giant DiDi from app stores, and proposing new …
ByteDance is getting ahead of China’s crackdown on tech for teens
China’s ruling Communist Party reminded the tech sector who’s calling the shots this past year by squashing Ant Financial’s IPO, removing ride-hailing giant DiDi from app stores, and proposing new …
