Alibaba Pumps In 2 Billion Yuan For Its Instant Commerce InitiativeÂ
According to Hu Qiugen, Alibaba’s instant commerce unit’s general manager, with this technical support, each store ...
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China ‘Internationalise’ Yuan Trade With Russia After the Ukraine Conflict
China has used its soft power with its close neighbour and ally Russia to increase the ...
In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket
In a boost to China’s efforts in opening up its financial markets, the International Monetary Fund ...
China’s October Targets Dip As Exports Shrink 1.1% And Imports Expand At A Slower Pace Of 1%Â
China’s official purchasing managers' index (PMI) dropped to a six-month low of 49.0 in October from ...
Japan’s JPYC Launches The World’s First Yen-Backed StablecoinÂ
JPYC stated that it aims to issue 10 trillion yen ($66 billion) worth of stablecoins, which ...
Tencent Raises $1.27 Billion in First Dim Sum Bond Sale in Four Years
Tencent plans to raise 2 billion yuan through five-year notes, which offer a 2.1% coupon rate. ...
Mainland Chinese Companies Reported First-Half of Net Income of US$420 Billion
Chinese Companies listed on the ChiNext board of the Shenzhen Stock Exchange, the Star Market of ...
Chinese Company SenseTime is on a Fast Track With AI Growth with the Backing of Beijing
SenseTime reported an income of 2.36 billion yuan for the six months ended June 30, which ...
XtalPi saw a 615% Increase in its Drug Revenue After a Blockbuster Deal with DoveTree
XtalPi’s net profit for the first half of the year, which was listed in Hong Kong ...
Pop Mart Revenue Rose 204% With the Launch of New Mini Labubu Doll
Pop Mart expected the number of foreign stores to be over 200 by year's end, according ...
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