Mom-and-pop investors who put in bids worth a record $3 trillion in China’s Ant group – equivalent to Britain’s annual economic output – were stunned after regulators abruptly suspended what would … ( read original…
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How the oil industry and U.S.-China relationship could fare under a Biden or Trump presidency
Helima Croft, RBC Capital Markets global head of commodity strategy, and Dewardric McNeal, Longview Global senior policy analyst and a former China policy expert with the Department of Defense under … ( read original story…
China Says U.S. Sends Out Wrong Signals to Taiwan on Potential Drone Sale Deal
China’s foreign ministry said on Wednesday the United States has sent out wrong and grave signals to the so-called Taiwan military forces on the potential drone sale deal. China will take legitimate … ( read…
Explainer: What’s next for Ant after China suspends $37 billion listing?
China’s suspension of Ant Group’s $37 billion listing just days ahead of its stock market debut has thrown the company and its investors into a tailspin and it faces a scramble to try and satisfy…
Jack Ma: Ebullient Billionaire And Totem Of China’s Rise
Jack Ma, the ebullient and unconventional billionaire founder of tech giant Alibaba, now finds himself battling the ignominy of having the world’s biggest-ever IPO halted days before its launch by … ( read original story…
Rebound in China boosts BMW to third-quarter profit
German premium carmaker BMW ( BMW.DE) said on Wednesday that pre-tax profit soared by almost 10% to €2.46bn (£2.2bn, $2.87bn) in the third quarter of the year, compared to the same period in 2019. (…
China’s Fosun to end BioNTech’s COVID-19 vaccine trial, seek approval for another
BioNTech’s Chinese partner Shanghai Fosun Pharmaceutical Group does not plan to run further clinical trials of the German firm’s coronavirus vaccine candidate that has completed early-stage trials in … ( read original story …)
China Stock That Sounds Like ‘Trump Wins Big’ Surges in Shenzhen
A Chinese stock whose local language name sounds like “Trump wins big” soared in Shenzhen, repeating its performance in 2016 when he unexpectedly became U.S. President. ( read original story …)
China’s halt of Ant IPO ‘necessary’: state media
Posted . China’s shock move to suspend Ant Group’s record $37 billion listing was described as necessary and reasonab … ( read original story …)
Australia calls for China to ‘play by the rules’ after reports of multibillion-dollar trade bans
Trade minister says businesses need clarity after reports many Australian exports will be stopped at customs from Friday … ( read original story …)
Australia’s Treasury Wine says China trade body seeks retrospective import tariffs
Australia’s Treasury Wine Estates said on Wednesday that a Chinese alcoholic drinks industry grouping had asked its commerce ministry to fix retrospective tariffs on imports of Australian … ( read original story …)
China’s $6 billion trade stoush: Fears wheat is next Australian target
Australian wheat exporters are nervously watching the escalating trade dispute with China amid fears they could be Beijing’s next target. ( read original story …)
China says its importers choosing voluntarily to cut back on Australian goods
The Australian Financial Review, citing unnamed sources, said Chinese officials met importers and warned them not to make new orders for Australian products. ( read original story …)
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