ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year …
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Arthur Hayes says China’s QE and stimulus will be really good for Bitcoin
Arthur Hayes, the brain behind BitMEX and Maelstrom, thinks China’s plans for economic stimulation and “quantitative easing” (QE) will work wonders for Bitcoin.
China power demand growing faster than expected in 2024, industry association says
China’s power demand will grow faster than expected this year due to record heat waves and Beijing’s economic stimulus aimed at shoring up demand, an industry association said in its latest quarterly …
Mercedes and Porsche’s Battle with China Hits Home
Mercedes CFO Harald Wilhelm acknowledged the rising competition but questioned the sustainability of aggressive pricing from Chinese brands. At the re …
ByteDance founder tops China’s rich list for the first time, beating Tencent and Nongfu heads
ByteDance founder Zhang Yiming is now China’s richest for the first time, according to Hurun Research Institute’s China Rich List.
PR faces 130pc surge in bogies’ import cost
ISLAMABAD: Amid strong objections from the ministries of finance and planning, Pakistan Railways (PR) is seeking a 130 per cent increase in the procurement cost of around 1,050 bogies to Rs71 billion …
China Woman Suffers Psychological Breakdown After Boss Scolds Her, Stops Eating, Drinking And Moving
A young Chinese woman, Li, from Henan province, suffered a severe psychological breakdown after being scolded by her supervisor at work. According to South China Morning Post, Li became catatonic and stopped eating,
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.
Latham & Watkins Guides Major IPO for WeRide, Raising $440.5 Million
Latham & Watkins has advised Morgan Stanley, J.P. Morgan, and CICC on WeRide’s IPO, raising $440.5 million. WeRide leads in the autonomous driving sector.
US cements rule to ban high-tech exports to China
The Treasury Department cemented a final rule on Monday that prevents those in the United States from exporting certain technologies to China that could bolster the nation’s military and threaten U.S.
Global Corn Dynamics: Surging US Export Demand, Smaller Supplies And A China Wildcard
The pace at which the corn export program has started has caught the attention of traders and analysts across the industry. Considering the start is over 234 million bushels or just under 6 million …
China tightens export controls on rare earth metals used for chipmaking — country now requires exporters to detail how they use restricted materials
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and …
China’s foreign trade up 5.3 pct in first three quarters
China’s total goods imports and exports expanded 5.3 percent year on year in yuan terms in the first three quarters of this year, maintaining stable growth, …