Currently, Clean Science and Technology has cash of Rs 250-260 crore on the books. Siddhartha Sikchi, promoter & executive director of the company said going forward they have capex plans of around Rs …
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Kris Wu: Brands drop Chinese star over teen sex allegations
Several brands in China have cut ties with top celebrity Kris Wu after he was accused of luring young girls, including underage teenagers, into having sex with him. The allegations, by a woman …
China Trade Data: H1 2021 Shows Stronger Than Expected Results
We look at China’s trade data for H1 2021, trade performance with prominent partners, and ask if the trade surge is sustainable through to the end of 2021.
China’s shoppers now hot for EVs
The shift could be an indicator of what lies ahead for other world markets, especially the U.S., where critics are quick to point out that EVs still represent a tiny share of retail sales. But…
China frictions steer electric automakers away from rare earth magnets
As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – permanent magnets, sometimes …
China’s exports to North Korea rebound in June
China’s exports to North Korea rose again last month, after bilateral trade data for May doused hopes among traders that more than a year of …
China Releases First Carbon Offset on Ant Group Blockchain
Tianjin, known for its heavy industry, issued China’s first blockchain-based carbon offset, days after the national carbon market.
More brands cut ties with pop star Kris Wu over seduction and underage sexual assault scandal; lawsuit against alleged girlfriend filed
CFP. After pop star Kris Wu was accused of infidelity and luring underaged girls for sex by alleged girlfriend, at least four brands in China announced the terminat …
China approves 7 fixed-asset investment projects worth $6 bln in June
China’s state planner in June approved seven fixed-asset investment projects worth 38.9 billion yuan ($6.00 billion), it said on Monday.
China’s June diesel exports rebound amid record refinery output
China’s June diesel exports rebounded from May and more than doubled from the same period last year, as refiners shipped out more surplus barrels amid record refinery production. BEIJING/SINGAPORE, …
China June aluminium imports rise 30% from prior month
China’s aluminium imports in June rose 30% from the prior month, data released by the General Administration of Customs showed on Sunday. Imports of unwrought aluminium and products – which include …
China’s IPO crackdown exposes U.S. weaknesses
Several companies have spiked plans to list abroad after Beijing ramped up oversight. But the move by regulators also highlights the frailties of an American financial system that is heavily reliant …
Brands Cut Ties with Kris Wu over Alleged Predatory Behavior
Shanghai beauty brand Kans terminated Wu’s endorsement contract, while Porsche deleted all Weibo posts mentioning Wu on Sunday.
