Shein, which is based in Singapore, has confidentially filed for an initial public offering in the United States Chinese tech firms’ bid to list overseas has been complicated by the country’s …
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Coincident Economic Index for China Fell in November
The Conference Board Leading Economic Index®(LEI) for China dipped by 0.3 percent in November 2023 to 152.3 (2016=100), following a decline of 0.2 percent in October. The LEI fell by 1.7 percent from …
China punches up private security to protect overseas interests in hostile, unstable regions
Outbound Chinese investors face security challenges and a complex environment Security seminar statement At a seminar in early December, jointly held by the China-Africa Business Council and the China …
China’s crypto craving: back-door Binance traders look more important to exchange’s future in wake of US conviction
Binance workarounds allow mainland Chinese traders to sign up by listing their location as Taiwan, betraying the market’s importance to the world’s largest crypto exchange.
China’s top 100 storied brands lose 4.5 per cent of their intangible assets value as economic downturn weakens consumer demand: Hurun Report
Consumers, spooked by concerns about job prospects amid a bleak economic outlook, are hunting for bargains when they buy consumer goods, the study found The top brands on the list include liquor …
Biden expands clampdown on U.S. imports of China-processed Russian seafood
The action has been sought by North Pacific seafood industry officials — and their congressional allies — who say that Chinese-processed Russian seafood has contributed to soft U.S. markets.
China’s Xiaohongshu on track for 2023 net profit
CHINA’S Instagram-like social platform Xiaohongshu Technology will book a profit this year, according to people familiar with the matter, signalling its e-commerce venture is paying off. Read more at …
China’s Sportswear Brands Are Fumbling the Ball
Nike may be having a bad week, but its biggest rivals in China are having an even worse year. Chinese sportswear makers Li Ning and Anta Sports Products got a head start on Nike, Adidas…
Prominent Chinese business analysts are starting to disappear from social media
Some of China’s most prominent analysts have been subjected to social media restrictions that appear designed to restrict their ability to comment on the country’s ailing stock markets and struggling …
1 Top Stock Crucial to China’s Chipmaking Goals: Up Over 100% in a Year, Is It a Buy for 2024?
Shares of semiconductor-manufacturing equipment company ACM Research ( ACMR 4.24%) are up just over 100% since last December as the company ratchets up its sales to China’s burgeoning chipmaking …
Tesla moves forward with plan to build an energy-storage battery factory in China
American electric automaker Tesla’s plans to produce energy-storage batteries in China are moving forward with a signing ceremony for the land acquisition for a new factory in Shanghai.
China mega banks cut deposit rates, signaling more policy easing
The move will pave the way for the People’s Bank of China to guide loan prime rates (LPR) lower to support the economy. Read more at straitstimes.com.
China Outlook 2024: D.C. Is Wrong – Transformed VCs Will Fund Tech Breakthroughs, Qiming’s Gary Rieschel Says
Chinese entrepreneurs are now looking at the overseas market much earlier in their life cycle,” long-time investor says …