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Tuesday, April 30
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SRN News
China to hold key party ‘plenum’ to further modernise country, amid challenges at home, abroad
BEIJING (Reuters) -The Chinese Communist Party’s central committee will gather in July for a key meeting known as a plenum, the third since the body of elite decision makers was elected in 2022, focusing on reforms amid “challenges” at home and complexities broad. Plenums ...
Monday, April 29
by
SRN News
China developer Fantasia proposes new restructuring terms, shares up
By Clare Jim HONG KONG (Reuters) – Embattled Chinese property developer Fantasia said on Monday it has entered into a new agreement with its ad hoc group of bondholders to restructure its $4 billion dollar bonds with new notes and equities. The ...
Monday, April 29
by
SRN News
China Vanke’s first public commercial REIT falls in early trade on debut
SHANGHAI (Reuters) – China Vanke’s first public commercial real estate investment products fell as much as 3% in early trade on their debut on Tuesday, reflecting caution towards China’s second-largest developer amid a prolonged property market downturn. The CICC-SCPG Consumption Infrastructure ...
Monday, April 29
by
SRN News
China non-manufacturing activity expands at slower pace in April
BEIJING (Reuters) – China’s non-manufacturing activity expanded at a slower pace in April, an official survey showed on Tuesday, likely due to disruption caused to construction and services businesses by adverse weather in the southern region. The official non-manufacturing purchasing ...
Monday, April 29
by
SRN News
Morning Bid: Dollar recoils at 160 yen, Tesla’s China joy
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian FX traders will be on heightened Japanese intervention alert again on Tuesday after Tokyo reportedly stepped into the market on Monday, catapulting the yen up from a ...
Monday, April 29
by
SRN News
China hints at retaliation after Biden signs Taiwan, TikTok legislation
BEIJING (Reuters) – China hinted on Monday that it could retaliate after U.S. President Joe Biden signed into law legislation to boost Taiwan’s defences and seeks to get TikTok’s Chinese owner to divest from the social media platform. Biden signed the ...
Monday, April 29
by
SRN News
China to extend tariff exemptions for imports of some US products until Nov 30
BEIJING (Reuters) – China will extend tariff exemptions for imports of some U.S. products until Nov. 30, the finance ministry said in a statement on Monday. The additional exemptions that take effect on Wednesday follow current exemptions that expire on Tuesday, ...
Monday, April 29
by
SRN News
Explainer-What is Tesla’s Full Self-Driving and why its China rollout matters
By Qiaoyi Li and Brenda Goh BEIJING (Reuters) – Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer data overseas, ...
Monday, April 29
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SRN News
Pair of giant pandas set to travel from China to San Diego Zoo under conservation partnership
SAN DIEGO (AP) — A pair of giant pandas will soon make the journey from China to the U.S., where they will be cared for at the San Diego Zoo as part of an ongoing conservation partnership between the two nations, officials said Monday. ...
Monday, April 29
by
SRN News
Baidu, Tesla agree on mapping deal for FSD in China, sources say
BEIJING (Reuters) – Baidu, China’s major internet search company, reached an agreement with Tesla to grant the car company access to its mapping license for data collection on China’s public roads, two people familiar with the matter said. The deal clears ...
Sunday, April 28
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SRN News
China set to launch high-stakes mission to moon’s ‘hidden’ side
By Albee Zhang and Ryan Woo BEIJING (Reuters) – China will send a robotic spacecraft in coming days on a round trip to the moon’s far side in the first of three technically demanding missions that will pave the way for ...
Sunday, April 28
by
SRN News
Tesla founder Musk visits China as competitors show off new electric vehicles at Beijing auto show
BEIJING (AP) — Tesla founder and CEO Elon Musk arrived in the Chinese capital on Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. A brief online report from state broadcaster CCTV said that Musk ...
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