China Huarong Asset Management Co. said its 2020 earnings results would be delayed past an April 30 deadline, potentially further fraying investors’ nerves after mounting worries over potential …
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China: EximBank augments credit backing for small, micro-businesses
The Export-Import Bank of China (China EximBank) has augmented loan backing for small and micro-businesses, with exceptional finances surpassing 100 billion yuan (about USD15.4 billion) under a …
Bitcoin crashed, recovered, crashed again, and China’s change of heart around the crypto
On Saturday, April 17, $7.6 billion in crypto long positions were liquidated in one hour as bitcoin plunged to $51,500, data from bybt.com showed. Ether fell 6.53 % to $2,166 the next day, losing $151…
China farm region becomes ‘lingerie capital’
So goes the street-corner discussion in Guanyun, a sleepy coastal county that for generations followed the rhythms of wheat and rice cultivation, but today concerns itself with global preferences on …
ByteDance’s IPO Plans Snarled by Regulatory Demands, SCMP Says
TikTok parent ByteDance Ltd.’s plans for an initial public offering have been put on hold as it seeks to comply with regulatory demands from both China and the U.S., the South China Morning Post …
Can Western brands recover from consumer backlash in China?
For many years foreign companies operating in China have faced social media-fuelled consumer backlashes, sometimes over instances of cultural insensitivity and sometimes over political controversies.
China benefits the most from Vietnam’s trade surplus
Vietnam has joined many multilateral and bilateral trade agreements in recent years. The question is what the country receives from these trade relations.
CEOs speak about the economy, the world reopening, crypto and more
The leaders of Citigroup, Delta and IBM, among others, discuss how business is evolving, as Covid-19 vaccinations roll out …
China-ASEAN Business Center unveiled in south China’s Guangxi
The China-ASEAN Business Center was officially opened in Nanning Area of China (Guangxi) Pilot Free Trade Zone on Saturday, which aims to provide one-stop services for China-ASEAN economic cooperation …
China greenlights five ChiNext IPOs
China’s securities regulator has approved the initial public offering (IPO) registrations of five companies on the country’s NASDAQ-style ChiNext board.
David Cameron ‘never lobbied’ over UK-China business venture
Former prime minister told then chancellor Philip Hammond of proposed commercial investment fund at meeting in 2017 …
IPO plan of TikTok maker ByteDance is set back by US-China tensions, sources say
ByteDance, the developer of TikTok and its Chinese sibling app Douyin, has put its initial public offering plan on the back burner for now, as it has difficulties coming up with a business structure …
The Unsaid Truths of China Tech
In my view, it may be spun into a separate tech company that would improve its valuation. The more media attention focuses on Jack Ma, the worse his situation will be. The more he is…
