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As the Pandemic Enters Its 3rd Year, More Chinese People Say They'd Rather Save Than Spend
More Chinese people wanted to save in the first quarter, rather than spend or invest their money, according to a People’s Bank of China survey.
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China's Zero-Covid Policy Tests Small Businesses in a Make-Or-Break It Year
While China tries to shake off omicron, the country’s zero-Covid policy sets small businesses up for a third year of stop-and-start uncertainty.
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China's Rich Are Moving Their Money to Singapore. Beijing's Crackdown Is One of the Reasons
More and more wealthy Chinese are worried about keeping their money on the mainland and see Singapore as a safe haven.
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China's Factories Were Hit Harder This Quarter Than Last Year as Covid Drags on, Survey Says
Manufacturing growth in China is slowing, while retail businesses are struggling as Covid-related restrictions take their toll, according to China Beige Book.
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Domino's Pizza China Operator Files for Hong Kong Listing
The operator of Domino’s Pizza stores in China, DPC Dash, applied Monday to go public on the Hong Kong stock exchange, according to an online filing.
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Chinese EV Maker Nio Delivers Its First ET7 Electric Sedans
The ET7 is one of three new Nio models expected in 2022.
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Electric Automaker XPeng Posts Narrower-Than-Expected Quarterly Loss as Pricing Power Cushions Production Snags
The company expects to deliver between 33,500 and 34,000 vehicles in total this quarter, representing growth of more than 150% versus the first quarter of 2021.
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China Is Shutting Down Shanghai in Two Phases to Control Covid
China’s biggest city of Shanghai began a two-stage lockdown Monday as authorities try to control the country’s worst Covid-19 outbreak since the pandemic began.
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China's EV Makers Could See a ‘Shake Down' as They Hike Prices on Rising Material Costs
Tesla and BYD are better positioned to weather rising prices due to their strong supply chains, analysts said, while low-cost players could struggle.
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Nio's Outlook Will Be in the Spotlight When the Chinese EV Maker Reports Earnings Thursday
China-based electric-vehicle maker Nio reports fourth-quarter earnings and 2022 guidance after U.S. markets close Thursday.
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China May Be Looking to Ease Regulations. Is It Time to Invest?
China’s markets bounced back strongly last week following the release of a Chinese state media report signaling support for Chinese stocks.
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Tencent ‘Exploring' a Financial Holding Company for WeChat Pay If Chinese Regulators Require It
Chinese giant Tencent said it is exploring whether regulators will require it to create a financial holding company to house is fintech business.
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Black Box Found From Boeing Passenger Jet That Crashed in China, State Media Says
One of the two black boxes containing data from Monday’s plane crash has been found, Chinese state media said Wednesday.
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Tencent Reports Slowest Revenue Growth on Record as China's Regulatory Headwinds Remain
Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021.
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Chinese Stocks May Start Exiting the U.S. in Two Years, Warns Asian Corporate Governance Association
The delisting of Chinese stocks in the U.S. may come in the next two to three years, warns Jamie Allen of the Asian Corporate Governance Association.
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China Boeing 737 Plane Crash: No Survivors Found; Search for Black Box Continues
More than 24 hours after a China Eastern Airlines Boeing flight crashed with 132 people on board, authorities said they aren’t much closer to understanding why.
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Alibaba Surges More Than 11% After It Ups Share Buyback Program to $25 Billion
Alibaba said it will increase the size of its share buyback program from $15 billion to $25 billion, effective for a two-year period through March 2024.
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‘Red Flags' as Some China Property Developers Say They Can't Release Earnings on Time
A slew of Chinese real estate developers, including Evergrande, say they either can’t release their financial results on time or have yet to set board meetings.
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China Boeing 737 Plane Crash: No Reports Yet of Bodies Or Survivors
No bodies or survivors have yet been found from the China Eastern Airlines crash as of Tuesday morning, Chinese state media said.
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China Is Managing Its Covid Outbreak One New Local Crisis at a Time
As some parts of China reopen, others are imposing new Covid-related restrictions, reflecting the challenge officials face in controlling the outbreak.