Rolling coverage of the latest economic and financial news …
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Xinhua Silk Road: China’s int’l services trade fair brings hope and confidence to global economy
China International Fair for Trade in Services (CIFTIS), highlighting China’s determination and action to open up at a higher level, has brought hope and confidence to global economy.
China’s economy gets welcome boost from surprisingly strong Aug exports
China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through …
China’s Crude Imports Rise to Five-Month High on New Quota
China’s overseas crude inflows rose to a five-month high after private refiners were allocated new import quotas and as cargoes that were delayed by a typhoon were finally delivered.
China August crude oil imports rise as refiners resume buying
China’s daily crude oil imports rose 8% in August from a month earlier, customs data showed on Tuesday, as refiners resumed purchases following the issue of new import quotas. China, the world’s top …
Tmall Global to bring 1,000 beauty brands in China next year
Over 400 overseas brands have joined the platform every month over the past year. Alibaba’s cross-border e-commerce marketplace, Tmall Global, will introduce 1,000 overseas beauty brands to China in …
China Railway Special Cargo Logistics’s IPO to debut on Shenzhen Stock Exchange
China Railway Special Cargo Logistics (001213) to start trading on the Shenzhen Stock Exchange’s Main Board Sep 8, tomorrow. The firm has issued 444.44 mln shares priced at RMB 3.96 per share raising …
Bitcoin Daily: FCA Chair Calls for Stricter Regulations on Platforms Promoting Crypto
That includes some of the social media influencers promoting “pump and dump” schemes for new coins. In his remarks, Randall said there needed to be more rules specifically against influencers and paid …
Angela Yuan Appointed Head of CRM & Loyalty for Ogilvy China
Ogilvy today announced that Angela Yuan has been named Head of CRM & Loyalty for Ogilvy China. Based in Shanghai, she will lead and enhance Ogilvy Experience’s CRM, loyalty, cus …
China’s time-honored brands exhibited at 2021 CIFTIS
A visitor (R) purchases pastry at the time-honored brands special area during the China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept. 6, 2021. (Xinhua/Xu Qin) …
The U.S.-China Regulatory Battle Could Put Dealmaking in Peril
The increasingly adversarial relationship between the American and Chinese regulatory environments will have profound impacts on cross-border commercial activity we have taken for granted.
China’s market entities see rapid expansion
A textile company resumes work in Zaozhuang, East China’s Shandong province, on Feb 20, 2020. [Photo/sipaphoto.com] BEIJING – China’s market entities registered fast growth in rec …
Sequoia China-Backed AI Startup Aibee Said to Seek New Funds
Aibee, a Chinese artificial intelligence startup, is planning a funding round to raise about $100 million, according to people familiar with the matter.The Sequoia Capital China-backed firm could seek …