(Bloomberg) — Meituan tumbled the most in nearly seven months after China issued new guidelines asking for food delivery platforms to cut fees, showing that investor angst over the nation’s tech...
Tag: Chinas
Soros Casts Shade On China’s Economy In Most Tantalizing Way
George Soros delivers a speech on the sideline of the World Economic Forum (WEF) annual meeting, on … [+] January 23, 2020 in Davos, eastern Switzerland. FABRICE COFFRINI/AFP via Getty Images In...
China’s Richest Auto Billionaire Eric Li Scores Super Bowl Ad Win
A Polestar 1 hybrid vehicle at the Washington Auto Show in Washington, D.C on Jan. 21. … [+] Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance LP China has made sports headlines around t...
China’s Infrastructure Projects Will Likely Boost These Companies
(Bloomberg) — Most Read from Bloomberg Investors are betting that China’s planned infrastructure spending binge to boost its economy could mean the rally in construction and materials shares has...
China’s digital yuan enthral users at Beijing Winter Olympics
TL;DR Breakdown China1s-Beijing Olympic Games will be the first time for international users to utilize a national government-backed virtual currency. e-CNY encourages mass adoption, lowers entry barr...
China’s craze for Eileen Gu is spilling over to its stock markets — Quartz
China has been cheering ecstatically for US-born freestyle skier Eileen Gu, who got a gold medal for China at the Beijing Winter Olympics during the women’s big air competition yesterday (Feb. 8). Now...
China’s Winter Olympic Digital Yuan Is Not Attracting The Locals And Foreigners
China debuted its homegrown digital yuan at the 2022 Beijing Winter Olympics on Friday last week, in an effort to assert its competency in the international community. However, it appears that some l...
‘China’s crypto ban had little impact on Neo,’ says organization’s developers
Once hailed as the “Ethereum of China,” Neo’s token price has fallen on hard times ever since the world’s most populous nation introduced a series of acute bans on cryptocurren...
China’s holiday box office plunges theaters raise movie ticket prices
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumer spending on movi...
China’s Digital Currency Could Subvert US Sanctions, Enhance Surveillance Capabilities – Regulation Bitcoin News
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillanc...
China’s Peng Shuai Says She Never Accused Anyone Of Sexual Assault In Interview With French Newspaper
Topline Chinese tennis player Peng Shuai said she never accused anyone of sexually assaulting her in an interview published by French newspaper L’Equipe on Monday, marking the second instance of her r...
How China’s Communist Officials Became Venture Capitalists
(Bloomberg Markets) — In early 2020, as the pandemic pushed it to the verge of bankruptcy, China’s highest-profile rival to Tesla Inc. was shunned by the venture capital funds and foreign inves...
China’s zero-Covid policy ‘won’t work’ with omicron: Epidemiologist
China’s strict zero-Covid approach won’t be able to limit the spread of the highly infectious omicron variant, according to a U.S. epidemiologist. Beijing may not be able to use the same &...
Hundreds Worldwide Protest China’s Human Rights Abuses As Beijing Winter Olympics Kick Off
Topline Hundreds of people in several countries on Friday protested against China’s repression of its Muslim Uyghur minority and Tibetans as the Beijing Winter Olympics kicked off amid diplomatic boyc...
China’s JD.com CEO Richard Liu To Donate More Than $2 Billion Of Shares To Charity
Richard Liu, founder and chief executive officer of JD.com Inc., in 2016. Photographer: Qilai … [+] Shen/Bloomberg © 2016 Bloomberg Finance LP One of China’s richest e-commerce entrepreneurs wil...
Leadership of China’s Xi threatened by Covid, real-estate crisis
George Soros, billionaire founder of Soros Fund Management LLC, at the World Economic Forum in Davos, Switzerland, on Jan. 23, 2020. Simon Dawson | Bloomberg | Getty Images Chinese leader Xi Jinping&#...
Weaponizing Global Supply Chains Is Unlikely To Alter China’s Uyghur Human Rights Regime
Muslim Uyghur boys walking past a statue of Mao Zedong facing Renmin (People’s) Square in Kashgar, … [+] in northwest China’s Xinjiang Province. AFP via Getty Images Sovereigns’ impo...
China’s Covid lockdown rules send prices higher
Freeman H. Shen, Founder, Chairman & CEO of WM Motor, speaks during Fireside Chat on Day 2 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 28, 2018 in Nansha, Guangzhou, Chi...
China’s Bestselling Musician Jay Chou To Auction His Classic Songs As NFTs
Jay Chou, one of the best-selling musical artists in China, has announced that he will be auctioning off one of his classic songs as an NFT. Chou also reveals that he has several NFT collaborations li...
China’s Baidu, Geely put nearly $400 million into electric car venture Jidu
An outline of Jidu’s concept car is pictured here. Jidu is the electric car company set up by Chinese internet giant Baidu and automaker Geely. Jidu plans to begin mass production and deliveries...
China’s Top Property Tycoons See Fortunes Drop $30 Billion With Even More Losses Expected
Hui Ka Yan, Yang Huiyan and Sun Hongbin have all seen their fortunes tumble this year. Bloomberg The days of property moguls dominating China’s wealth rankings appear to be at an end. Beijing’s campai...
China’s Vaping Queen Sees Fortune Plunge 65% After Chinese Government Probe
Chu Lam Yiu, co-chair of Huabao International. IMAGINECHINA Chinese e-cigarette billionaire Chu Lam Yiu is under investigation from Chinese authorities, causing shares of her company, Hong Kong-listed...
China’s consumers spent $73.6 billion on luxury goods at home in 2021
Consumers linger outside a Haikou duty free shop at Riyue Square, Haikou City, Hainan Province, China, on September 2, 2021. Wang Jianfeng | Future Publishing | Getty Images BEIJING — Chinese consumer...
China’s Fuzhou remains blockchain choice for CasperLabs
Blockchain choice for Fuzhou, China has been selected by CasperLabs in open-permissioned blockchain protocol Casper’s scalability to be used by BSN to integrate further activities Fuzhou to serve as...
China’s Birth Rate Not A Problem For Economy–Now
Chinese nurse takes care of newborn babies. (Photo by Gong Bo/VCG via Getty Images) VCG via Getty Images China’s birth rate continues to fall. “Last year’s 10.62 million births, down from 12.02 millio...
U.S. Cancels 44 Chinese Airline Flights In Retaliation For China’s Suspension Of Service By U.S. Carriers
Topline The U.S. Department of Transportation is suspending 44 flights from the United States to China by four Chinese airlines, it said Friday, in retaliation for Beijing canceling the same number of...
China’s zero-Covid policy a burden to domestic and global economy
The International Monetary Fund’s managing director said Friday that China’s zero-Covid policy is increasingly looking like a “burden,” which is impinging economic recovery bot...
House Lawmakers Are Latest To Criticize Tesla For Opening Showroom In China’s Xinjiang Region
Topline Two House Democrats on Wednesday accused Tesla of enabling “gross human rights violations” by opening a car showroom in China’s Xinjiang region, an area where widely reported human rights abus...
China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made – Regulation Bitcoin News
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yu...