Amid changing sentiment in China, the likes of Nike, McDonald’s and Coca-Cola have been forced to change their approach, while domestic films have taken over from Avatar, Transformers: Dark of the … ( read original…
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Yuan going global: China tests its digital currency on e-commerce platforms
As part of a push to internationalize the yuan, China has been testing its digital currency on trading platforms around the world where it can be freely traded with other fiat currencies. Beijing is ……
China to restrict use of Tesla vehicles by military and state personnel
China’s government is restricting the use of Tesla Inc.’s vehicles by personnel at military, state-owned enterprises in sensitive industries and … ( read original story …)
China is reportedly restricting use of Tesla cars by its military and government workers
Two crossed lines that form an ‘X’. It indicates a way to close an interaction, or dismiss a notification. China is cracking down on the use of Tesla cars by state personnel over security concerns…
Domestic Consumers, Overseas Supporters Grab up Taiwanese Pineapples After China Import Ban
Consumers in Taiwan and sympathizers overseas have gone on a pineapple buying spree this month to support local growers who were stung by a sudden ban on imports by the island’s political rival China ……
China’s Didi Chuxing is eyeing a mega-IPO next quarter that values the ride-hailing service above $62 billion, report says
Didi is targeting an IPO as early as this summer at a valuation above the $62 billion it secured in its last funding round, Bloomberg said. ( read original story …)
Chinese inflammatory disease biotech Connect Biopharma prices upsized US IPO at $17 high end
Connect also plans to initiate additional trials in asthma and chronic rhinosinusitis with nasal polyps in the 1H21 and in AD patients in China in the 2H21 … biotech Connect Biopharma prices upsized … (…
China Tech Investor: Chinese antritrust exceptionalism, with Angela Huyue Zhang
Recorded live on Clubhouse, Elliott chats with University of Hong Kong professor Angela Zhang about her new book “Chinese Antitrust Exceptionalism.” … ( read original story …)
Canadian tried in China on spy charges, no verdict announced
They were charged in June 2020 with spying under China’s broadly-defined national security laws. Spavor, an entrepreneur with North Korea-related business, was charged with spying for a foreign … ( read original story …)
Targeting Tesla, China’s Geely to launch new premium EV brand
Geely, the owner of Volvo Cars and 9.7% of Daimler AG, will roll out models under the new marque based on its open-source EV chassis … ( read original story …)
China’s 111 has “no immediate plans” for a HK listing: Executive Chairman
Gang Yu, Executive Chairman of U.S.-listed Chinese telemedicine company 111 says it has no plans for a Hong Kong secondary listing as it focuses on launching its IPO on China’s STAR market. ( read original…
China exports soar 60% in two months of 20201
China posted a year-on-year growth of 60.6 percent in its exports during the first two months of 2021, the General Administration of Customs (GAC) has said. Exports reached $468.87 billion during the … ( read…
Exclusive: Targeting Tesla, China’s Geely to launch new premium EV brand – sources
China’s Geely plans to roll out electric vehicles under a new marque with different branding and sales strategies, people familiar with the matter said, as the Volvo owner looks to take on its main EV…
