China has raised objections to what it called U.S. bullying of Sri Lanka after Washington said the Indian Ocean island must make “difficult but necessary choices” regarding its ties with China.
On The March: Ant Group, China’s Fintech Sensation
With a name belying its giant ambitions, China’s Ant Group on Tuesday launched a history-making $34 billion IPO in Hong Kong and Shanghai. Backed by Jack Ma, China’s richest man who founded the …
China is testing millions of people in Xinjiang for Covid-19 after one asymptomatic case found
China has rolled out mass coronavirus testing for nearly 5 million people and imposed lockdown measures in the prefecture of Kashgar in the far western region of Xinjiang, after a single asymptomatic …
India to sign defensive agreement with US following Himalayan standoff with China
The United States and India have reaffirmed their defensive and security relationship, as Washington continues to rally allies in Asia amid concerns over increased Chinese military activity in the …
Nissan to raise output capacity in China by 30% – Yomiuri
Nissan Motor plans to increase its production capacity in China by 30% next year, aiming to tap a recovery in demand in the world’s biggest auto market as it seeks to turn around its loss-making …
China’s industrial profit growth slows as factory-gate deflation weighs
Profits at China’s industrial firms rose for a fifth straight month in September, but at a slower pace as factory-gate deflation and rising raw materials costs undercut a recovery in the manufacturing …
China’s Ant Group set to raise US$34.5 billion in world’s largest initial public offering
The world’s biggest IPO showcases China’s lead in digital finance. Users of its Alipay payments app dwarf those of its nearest rival, Palo Alto-based PayPal.
Slim pickings: Ant to pay bankers up to $198 million in fees for Hong Kong IPO
China’s Ant Group will pay bankers selling its shares in Hong Kong up to $198 million in underwriting fees, its filings showed on Monday, in line with a trend of large issuers sharing a …
China to sanction three US firms over US$1.8bn Taiwan arms deal that included missiles that can strike mainland: Boeing Defence, Lockheed Martin and Raytheon targeted
China is to impose sanctions against American companies and individuals involved in Washington’s latest arms sales to self-ruled Taiwan, its foreign ministry said on Monday. Three companies, including …
U.S. Backs Taiwan Missile Sale With China Tensions Soaring
The State Department signaled its approval for a potential $2.4 billion sale of anti-ship missiles to Taiwan, a move certain to anger Beijing and raise tensions further between the U.S. and China days …