China on Wednesday reported 17 new confirmed coronavirus infections in the mainland for Nov. 3, down from 49 a day earlier, the health authority said, although asymptomatic cases surged.
Ant Group: China’s fintech flyer grounded by regulators
Set for a record-busting $34 billion IPO in Hong Kong and Shanghai, Ant Group has had its wings summarily clipped by Chinese regulators.
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.
China’s service sector recovery strengthens in October, hiring picks up: Caixin PMI
The Caixin/Markit services PMI rose to 56.8, the highest reading since June and staying well above the 50-mark that separates monthly growth from contraction.
US approves drone sale to help Taiwan detect China invasion
The US has approved the sale of four sophisticated drones to Taiwan, which will help Taipei to spot Chinese preparations for an attack. The sale of the drones is the final aspect of a weapons package …
Market debut of Chinese e-finance giant Ant Group postponed
The planned stock market debut of the world’s biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.5 billion initial public …
US approves sale of armed MQ-9 Reaper drones to Taiwan
Reaper drones to Taiwan, the State Department announced Tuesday, helping to boost the island’s defenses as China steps up its threats.
China Probably Doesn’t Care Who Wins
China Probably Doesn’t Care Who Wins… Election2020 This article is part of Election 2020: America Votes, FP’s round-the-clock coverage of the U.S. election results as they come in, with short …
New Energy Vehicles to Make up 20% of China’s New Car Sales by 2025
BEIJING (Reuters) – Sales of new energy vehicles (NEV) in China, the world’s biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, the state council said on Monday.
China slams the brakes on Ant Group’s $37 billion listing
China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by …