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China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion
The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has reported. read more.....»»
Visualizing The World"s Most Powerful Militaries
Visualizing The World's Most Powerful Militaries When it comes to manpower, no military in the world comes close to that of China. According to Global Firepower estimates, the .....»»
Ideanomics shares soar 17.6% premarket on news of order for 2,000 units of its BYD D1 electric ride-hailing vehicle
Ideanomics said Monday its Mobile Energy Global unit and contractor Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between China's BYD and Didi, to.....»»
Alibaba stock suffering record fall after antitrust probe in China
Shares of Alibaba Group Holding Ltd. tumbled Thursday toward the lowest close in nearly six months, after Chinese regulators launched an antitrust investigation into the e-commerce giant......»»
Alibaba stock suffering record drop after antitrust probe in China
Shares of Alibaba Group Holding Ltd. tumbled Thursday toward the lowest close in nearly six months, after Chinese regulators launched an antitrust investigation into the e-commerce giant......»»
The Wall Street Journal: Disney chairman Bob Iger interested in being ambassador to China under Biden
Walt Disney Co. executive chairman Robert Iger has told people close to the incoming Biden administration that he would be interested in serving as U.S. ambassador to China, according to people familiar with the matter......»»
It’s a made-in-China holiday season for cooped-up Americans
U.S. imports from China are surging as the year draws to a close, fueled by stay-at-home shoppers who are snapp.....»»
Arkansas Prof Arrested For Concealing "Close" Ties To China; Accused Of "Scheme To Defraud" While Receiving Millions In Grants
Arkansas Prof Arrested For Concealing 'Close' Ties To China; Accused Of 'Scheme To Defraud' While Receiving Millions In Grants.....»»
Imagination, BAIC Capital to form automotive chip JV
Imagination Technologies announced recently it has struck a deal with BAIC Capital, a Beijing-based investment unit of China's state-owned automaker BAIC Group, to initiate the establishment of an automotive fabless semiconductor company......»»
Chinese advisers call for talks on new trade deal with U.S.: Global Times
Hawkish voices have emerged in China seeking a reevaluation of its Phase 1 trade deal with the United States, with some advisers urging fresh talks, a state-controlled tabloid said, citing sources close to the Chinese government......»»
Dow, S&P fall as US-China tensions rise over coronavirus crisis
The ADP national employment report released Wednesday morning showed U.S. companies cut 20.2Â million jobs in April as the COVID-19 pandemic forced them to close at least temporarily......»»
Exclusive: U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards - sources
The U.S. Department of Commerce is close to signing off on a new rule that would allow U.S. companies to work with China's Huawei Technologies on setting standards for next generation 5G networks, people familiar with the matter said......»»
U.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards: sources
The U.S. Department of Commerce is close to signing off on a new rule that allows U.S. companies to work with China's Huawei Technologies on setting standards for next generation 5G networks, people familiar with the matter said......»»
Market Snapshot: Dow scores sharpest turnaround since March as technology, energy shares stage late-Monday surge
Stock indexes close higher Monday, reversing losses of 1% and more earlier in the session, after U.S. crude prices settle above $20 a barrel and investors look past U.S. and China tensions rekindled over Beijing’s handling of the coronavirus outbreak......»»
HSBC to buy out life insurance joint venture partner in China
HSBC Holdings PLC said on Monday its insurance unit had agreed to acquire its China life insurance venture partner's 50% stake to own fully the company under the new rules on foreign ownership that came into effect in January......»»
Starbucks expects comparable sales in China to plunge, shares fall
Starbucks Corp said on Tuesday it expects comparable sales in China to decline between 25% and 35% in the current third quarter, hurt by the coronavirus pandemic that has forced it to close stores and limit operations......»»
Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout
Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there's no money to buy summer clothing, and rent and staff salaries still need paying......»»
China"s top brokerage hires Vanguard ex-Asia boss for global drive
China's Citic Securities Co. , has hired Charles Lin, the former Asia head of Vanguard Group, to be vice chairman of Hong Kong unit CLSA, as the biggest Chinese securities company seeks to build up an international presence......»»
BLU supplier Radiant Opto sees revenues rally in March
Backlit unit (BLU) maker Radiant Opto-Electronics has reported that its revenues surged 95.5% sequentially to NT$3.364 billion (US$111.96 million) in March, reflecting improving capacity resumption at its plants in China......»»
China Prepares To Close "Oil Deal Of A Lifetime" In Iraq
China Prepares To Close "Oil Deal Of A Lifetime" In Iraq Authored by Simon Watkins via OilPrice.com, Over the past week or so, China has eased quarantine measures in Wuhan – the city in.....»»