(Bloomberg) — Venezuela’s President Nicolas Maduro said he wants China’s support for his country to join the block of emerging-market nations known as BRICS. Most Read from Bloomberg Boss of Failed …
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Chinese fintech giant Ant Group unveils own AI large language model, along with new Web3 brand, in push to expand presence in financial sector
Ant indicated that its AI large language model already outperforms ‘mainstream general-purpose LLMs’ in terms of financial scenarios Its foray into the LLM arena underscores the increased competition …
China wants metaverse firms with ‘global influence’ and plans for up to 5 industrial clusters by 2025
A new blueprint issued by five national Chinese agencies aims to develop the domestic metaverse for industrial use through technologies like blockchain and AI Beijing hopes the metaverse can bring …
China’s Exports Suffer 8.8% Drop in August, Marking Fourth Consecutive Month of Decline
China’s exports dropped 8.8% in August 2022 from a year earlier, marking the fourth straight month of declining overseas sales. Imports also fell, by 7.3% in August. Demand has softened both in China …
These Are The 5 Best China Stocks To Buy And Watch Now
China is the world’s No. 2 economy and home to dozens of companies that trade in the U.S. Right now, Tesla rivals BYD, Li Auto and XPeng, as well as gaming giant NetEase and e-commerce play…
SoftBank’s Arm Holdings’ IPO Oversubscription
Arm Holdings Plc, a renowned chip designer owned by SoftBank Group Corp, is on a stock market debut, to raise roughly about $5 billion.
Japanese business leaders tour China to spur investment as political ties turn frosty over Fukushima
Trade groups from Japan attempt to build rapport with Chinese peers despite growing antipathy over Tokyo’s release of waste water into Pacific The two sides take pragmatic approach and avoid hot …
Alibaba’s Grocery Unit IPO Put on Ice Amid Disappointing Valuation – Bloomberg News
Alibaba has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion value it was targeting when it considered raising a …
Chinese brands show strong momentum post-pandemic
Tthe latest Kantar BrandZ China Top 100 ranking shows Chinese brands are gaining momentum. Tencent retains the top spot for the third year running with US$144 billion brand value, and fashion and …
Concerns about Apple in China hit two other Club stocks. Here’s where we stand on all three
Club holding Apple (AAPL) isn’t in danger of losing its footing, despite a recent market sell-off spurred by reports China is cracking down on iPhone usage.
China emerges from deflation as August prices rebound
China briefly slipped into deflation in July for the first time in over two years, with prices falling 0.3 percent, year on year
China’s Consumer Prices Creep Out of Deflation in August
China’s deflationary pressures eased slightly in August as consumer prices rose and producer price declines moderated, adding to signs the worst may be over for some parts of the economy.Most Read …
Alibaba’s grocery unit IPO put on ice amid disappointing valuation: report
Alibaba said in May that Freshippo’s IPO would be completed in six to 12 months and that … Alibaba said it would split into six units and explore fundraising and listing for most of them,…