China Financial News

27.07 / 18:57
UPS Actor Destiny love star social exclusive ‘Exclusive Fairytale’ starring Seventeen's Junhui: Check release date, trailer, plot, and more about upcoming high-school romance series
Exclusive Fairytale has got fans excited, as it features Seventeen’s Wen Junhui, who is all set to make his debut alongside actor Zhang Miao Yi. The pair is already looking good in the trailer of the high-school romance series. Here are the details about the series.
27.07 / 18:41
Manufacturing Strategy Mobile Remark Samsung country electronic Korean trade body upset as PLIs stuck
NEW DELHI : India has unfairly withheld from South Korean companies the incentives they were promised under the government’s production-linked incentive (PLI) schemes, the New Delhi chief of a top Korean trade body said. Arbitrary policy changes are a key concern for Korean companies investing in India, Lee Young-Ho, chief trade representative at the New Delhi office of the Korea International Trade Association (KITA), said in an interview. This is the first time that a Korean trade body has remarked on the challenges related to the PLI scheme.
27.07 / 18:18
Provident Digital Tether show country voice Indian CFA Support CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC
Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute.
27.07 / 16:41
IPO Provident Airlines Assurant show performer services Zeal Global Services IPO: Air cargo logistics company ZGSL sets sights on SME IPO
₹5 as of today. The company's fully devoted team, with over 5000 man-hours of GSSA industry expertise, is skilled at identifying critical procurement areas and providing competitive pricing solutions. Zeal Global Services takes pleasure in providing effective support for goods export, assuring a smooth and trouble-free process.
27.07 / 15:17
HK China's Evergrande EV unit applies to resume trading on HK bourse
(Reuters) — China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock Exchange to resume trading in the company's shares on Friday.
27.07 / 14:39
FIVE Cooper Drop Fried Sam Prosecutors drop another charge against FTX co-founder Sam Bankman-Fried
Federal prosecutors dropped a campaign finance charge against indicted crypto executive and FTX founder Sam Bankman-Fried late on Wednesday, the second time that they've been forced to forgo criminal allegations against the alleged fraudster.
27.07 / 14:05
Fox Time 2023 FIFA Women’s World Cup: U.S. To take on Portugal, know kick-off time, live broadcast, team line-up
USWNT) hope to emerge as a strong contender and go all the way in Australia and New Zealand in the 2023 FIFA Women’s World Cup. After facing a strong opponent like the Netherlands, Vlatko Andonovski’s girls aim to finish at the top of the group so that they don’t have to clash with stronger teams in the round of 16.
27.07 / 14:05
UPS FIVE Manufacturing Landmark Strategy show View: India should ramp up consumer subsidies for EVs, instead of rolling them back
electric vehicle (EV) strategies are. While the USA has extended its EV support policies through the landmark Inflation Reduction Act (IRA), India, on the other hand, recently cut subsidies for electric two-wheeler EVs (E2W) under the flagship demand incentive scheme, Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME-II). This decision could prematurely halt the growth of the EV sector in India.
27.07 / 13:33
MET Bali MEA confirms Modi and Xi spoke on bilateral ties at Bali meet in 2022
Narendra Modi and Chinese President Xi Jinping discussed the border crisis during their brief meeting at the Bali Summit of the G20 in 2022. This came after the Chinese foreign ministry stated that the two leaders had reached a “consensus" to improve bilateral ties during their meeting on the sidelines of the Bali Summit in November. It made this claim in a press release detailing the particulars of the conversation between Indian NSA Ajit Doval and China’s top diplomat Wang Yi on Tuesday.
27.07 / 13:33
Mobile TikTok country ‘Open To Chinese Investments…’: Gov’t | India Clarifies After Rejecting BYD’s $ 1Bn Bid | Details
After the 2020 Galwan clash between India and Chin... moreAfter the 2020 Galwan clash between India and China, the Modi government tightened policy on foreign investments from bordering countries which are required to seek central government approval.
27.07 / 12:09
Government Blockchain regulation Tokens Hong Kong and Saudi Arabia collaborate on tokens and payments
Hong Kong is expanding its financial collaboration with the Kingdom of Saudi Arabia, targeting agreements related to tokenization and payments infrastructure.
27.07 / 11:31
UPS Provident Manufacturing track electronic $10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar
India is on track to becoming a key player in the global semiconductor supply chain in the next decade with USD 10 billion of incentives and assistance provided to encourage local chip manufacturing, Union minister Rajeev Chandrasekhar said on Thursday. The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan’s Foxconn, who promised multi-billion dollar investment in setting up units to manufacture chips, which are used in products ranging from mobile phones to cars.
27.07 / 11:01
UPS Cooper Extreme country Global coal demand to remain at record levels in 2023: Report
New Delhi: Global coal consumption, which hit an all-time high in 2022, is expected to stay at those levels in 2023, driven by robust growth in Asia’s power generation and industrial sectors, despite declines in the United States and Europe, according to the latest market update from the International Energy Agency (IEA). In 2022, coal consumption surged 3.3% to a staggering 8.3 billion tonne, setting a new all-time record.
27.07 / 11:01
UPS Reuters Action Highways voice lawmakers Deal US lawmakers US lawmakers struggle to find deal on self-driving cars: Report
self-driving car legislation remains uncertain in Congress as China's aggressive efforts to lead in this technology pose a significant challenge. According to a report by Reuters, the House Energy and Commerce Committee chair, Cathy McMorris Rodgers, voiced concerns about China's ambitions and highlighted the need to safeguard data and individual rights from the Chinese Communist Party's influence.
27.07 / 10:47
COST Target MET Qualcomm NVIDIA Intel China export controls will hit companies' revenue: US commerce secretary Gina Raimondo
US commerce secretary Gina Raimondo said on Wednesday that the Joe Biden administration is seeking to carefully target US controls on exports to China, but rules will cost firms some revenue. Restrictions should not be so broad «that you deny American companies revenue and China can get the product elsewhere, or China can get the product from other countries,» Raimondo said at a forum.
27.07 / 09:13
Waves Twitter Digital Platform Tencent social blues elon Twitter replaces iconic bird logo with "X" as Elon Musk's influence deepens; X-men memes go viral
Elon Musk's takeover of Twitter, the social media platform has undergone a major transformation, replacing its iconic blue bird logo with a striking white 'X' as its new official logo. The announcement was made by Mr. Musk himself, who tweeted, «X dot com now points to Twitter dot com.
27.07 / 07:17
UPS Compilation Building materials company Holcim forecasts 'robust' growth
Holcim expects demand for building materials to remain robust this year, the world's biggest cement maker said on Thursday after posting better than forecast sales and profit. The Swiss company, a bellwether for the wider construction sector, shrugged off concern over a slowdown linked to rising global interest rates. The U.S.
27.07 / 06:43
UPS Citi Tencent NetEase show end China's video game player population rises to a record at end-June
China's video game player has grown to a record of 668 million, a government-run game industry association said on Thursday, as the world's biggest gaming market returns to growth after a bruising crackdown. The number of gamers, which is accurate as of end-June, represents about half of the population. Industry association CGIGC, which announced the data at an industry conference in Shanghai, also said sales revenue of the domestic gaming market reached 144.263 billion yuan ($20.23 billion) for the first half of this year.

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