Nevertheless, says American Chamber of Commerce in Shanghai Chairman Sean Stein, "It's hard to imagine how a company can be globally successful if it's not active in this market.” ... ( read original story ...)
Tesla Brisk At Giga Shanghai, Musk Offloads More Shares, Canoo’s Dwindling Cash Position, Nikola Names New Leadership: Week’s Biggest EV Stories
Notwithstanding the broader market rally, electric vehicle stocks closed the week ending Aug. 12 on a mixed note. Market leader Tesla, Inc. (NASDAQ: TSLA) picked up momentum in the run-up to its stock ... ( read original story ...)
China state-owned giants to delist from US stock exchanges amid audit spat
Five of China’s largest state-owned companies announced plans to delist from US exchanges as the two countries struggle to come to an agreement allowing American regulators to inspect audits of ... ( read original story ...)
China’s Industrial Bank Rebuts Concerns About App Harvesting Personal Data
China’s Industrial Bank has moved to assuage concerns among users that its mobile app is gathering too much personal information on them, The Paper reported yesterday. Some consumers recently reported ... ( read original story ...)
Shanghai extends weekly COVID-19 testing requirement until end of September
China's most populous city Shanghai has extended its weekly COVID-19 test requirement and extended free testing until the end of September in a bid to keep the virus in check, authorities announced on ... ( read original story ...)
Growth Prospects Top Today’s Angst Among American Companies: U.S.-China Business Forum
American companies “understand that if they want to be successful globally, they have to be successful here in China.” says Kenneth Jarrett, senior advisor at Albright Stonebridge Group ... ( read original story ...)
Hygon Information Technology Co gets listed. Share value doubles on first session
Hygon Information Technology Co, based in Beijing, was founded in 2014 with the business of manufacturing & distributing computer components ... ( read original story ...)