Money Shanghai’s loans surge 7% in by end-Feb Nada Ali May 2, 2024 0 Shanghai's loans surged seven per cent year-on-year to 11.4 trillion yuan ($1.61 trillion) by February's end,…
Tech/AI Tesla global job cuts reach US, China Nada Ali Apr 16, 2024 0 Tesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering…
Featured Chinese authorities push Syngenta to withdraw $9b Shanghai IPO on market volatility Nada Ali Apr 4, 2024 0 Chinese authorities influenced Syngenta to withdraw its $9 billion IPO application in Shanghai due to concerns…
Industry & Trade Iron ore prices continue to fall on China demand fears Nada Ali Mar 13, 2024 0 Iron ore prices continued to decline due to concerns about China's economic outlook, with futures approaching $100…
Banks China’s weak local borrowing raises hope for more central aid Nada Ali Feb 26, 2024 0 China’s local governments are hesitant or unable to borrow more, despite pressure to boost growth, leading to…
Stocks China appoints Wu Qing as new chairman for securities regulator Nada Ali Feb 7, 2024 0 The State Council of the People's Republic of China appointed Wu Qing as the new chairman of the China Securities…
Money Nvidia’s China-specific AI chip to match Huawei’s pricing Aya El Sayed Feb 1, 2024 0 Nvidia initiated pre-orders for a new AI chip tailored for China, with distributors setting its price to match a…
Industry & Trade Chinese cities ease home purchase limits Nada Ali Jan 31, 2024 0 Two of China's major cities Suzhou and Shanghai ease home purchase limits to boost sales, in an attempt to enhance…
Industry & Trade AstraZeneca plans business spinoff in China Yassmine Elbehnaihy Jun 19, 2023 0 AstraZeneca is planning to spin off its China business and list a separate unit in Hong Kong, the Financial Times…
Money Tesla’s German plant hits 4,000 cars per week Sama Mousa Feb 27, 2023 0 Tesla Motors announced on Monday that its plant in Brandenburg near Berlin is currently producing 4,000 cars per…