China’s stock exchanges and central bank rushed to defend a tumbling yuan and falling stock markets on Monday, trying to soothe investors concerned about Donald Trump’s return to the White House and …
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Chinese fast-food chain LXJ plans for IPO in Hong Kong
Chinese fast-food chain LXJ International has submitted an application for an initial public offering (IPO) in Hong Kong. The move is aimed at raising capital to enable the company to further bolster …
China’s WuXi Biologics to sell Ireland vaccine facility to Merck for $500 million
China’s WuXi Biologics said on Monday it will sell its vaccine facility in Ireland to Merck for about $500 million.
Asia’s crude oil imports drop in 2024 as weak China weighs
Asia’s crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.
China’s economy is causing a hangover for spirits giants
In China’s business circles, the ultimate party statement is a bottle of Maotai on the table. This luxury liquor from Guizhou province, known for its potency of up to 53%, has long been a symbol…
How VC founders in China end up blacklisted
Once blacklisted, it is nearly impossible for individuals to start another business. They are also blocked from a range of economic activities.
China’s service sector rise to 7-mth high, but orders from abroad declines
China’s services sector witnessed significant growth in the last seven months, with the Purchasing Managers’ Index (PMI) rising to 52.2 in December from 51.5 in the previous month. However, orders …
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back funding …
China’s Geely Holding targets over 5 million units of annual sales by 2027
China’s Geely Holding Group (GEELY.UL) on Sunday said it aims to sell more than 5 million vehicles annually by 2027, a big jump from 2023, which it hopes to achieve by accelerating consolidation of …
China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows
China’s services activity expanded at the fastest pace in seven months in December, driven by a surge in domestic demand, but orders from abroad declined, reflecting growing trade risks to the economy …
Conflux price prediction 2025-2031: Can CFX price lead China’s crypto market?
Explore Conflux (CFX) price prediction and evaluate the future CFX market sentiment and impact on the Chinese crypto market.
China moves to tighten domestic control over bitcoin as Donald Trump appoints bitcoin fan to SEC
The advent of a Trump presidency is accelerating a divergence on digital currencies between the world’s two largest economies, even as it gives the sector a major boost.
Why Trump’s return opens door for China to reform capital markets
If Beijing seizes this chance, it could transform a familiar cycle of confrontation into a foundation for long-term security and leadership Donald Trump’s return to the White House revives a playbook …