According to Bernstein’s 2024 proprietary survey of Chinese car buyers, BYD (SZ:002594) has extended its lead as the most recognized electric vehicle (EV) brand in China. The survey, which gauges …
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One of the last China bulls has capitulated. What JPMorgan likes instead.
Now, China has been something of a disaster for a long stretch now, so much so that an emerging-markets ETF without China has nearly the same assets as the one that has it. In fac…
Midea to raise US$3 billion as ‘White Goods’ giant eyes Hong Kong’s biggest IPO since 2021
Midea Group, the world’s biggest home appliance maker, is set to become the largest initial public listing (IPO) in Hong Kong in more than three years, as it aims to raise at least US$3 billion,…
‘Business is business’ at bustling China-Africa summit
In China, the price is right,” Abakar Tahir Moussa, a Chadian construction firm owner, told AFP, showing off the business card of a potential new Chinese partner.He hoped to use the Forum on …
China issues draft rules for foreign accounting firms’ domestic operations
China’s finance ministry introduced draft rules on Thursday for managing the domestic business activities of foreign accounting firms. According to the draft, financial departments will be tasked with …
How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification
According to a recent white paper, Swedish multinational corporations (MNCs) are navigating the complexities of the Chinese market by adopting “China-for-China” strategies, focusing on localizing …
AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant.
China Detains AstraZeneca Staff in Data, Drug-Import Probes
Police in China have detained five current and former employees of British drugmaker AstraZeneca Plc for questioning about potential illegal activities, according to people familiar with the matter.
China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years
The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.
Five AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant. Authorities in Shenzhen, China, are investigating how the company collected …
China detains AstraZeneca staff in data, drug-import probes, Bloomberg News reports
The police in China have detained five current and former employees of AstraZeneca for questioning about potential illegal activities, Bloomberg News reported on Thursday, citing people familiar with the matter.
Rare Metals Prices Surge As China Restricts Exports
China announced that it would impose restrictions on exports of eight gallium and six germanium products starting August 2023 in …
China’s Xi hails ‘best in history’ Africa ties, pledges military aid
Chinese leader Xi Jinping has promised $50 billion in financial support for Africa, while vowing to increase military aid, in a sweeping speech to African leaders as Beijing seeks to bolster relationships it sees as…