Page 8 - China Tech News Today

Following two years of crackdowns and sanctions, China appears ready to unlock private sector potential via tech IPO developments. 

China’s government is being urged to rethink the way it calculates key economic indicators, such as gross domestic product and the unemployment rate, to ensure they are appropriate for the modern digital economy.

China’s online commerce leader surprised markets by announcing Tuesday plans to split its $220 billion empire into six units that will individually raise funds and explore initial public offerings.

Alibaba shares soared more than 14 per cent in New York trading on Tuesday on news of its split. Read more at straitstimes.com.

China’s online commerce leader surprised markets Tuesday by announcing plans to split its $220 billion empire into six units that will individually raise funds and explore IPOs.

European markets set for third successive daily gain, Next slides

In a striking interview with Dutch newspaper Het Financieele Dagblad on Monday, Chinas ambassador to the Netherlands went into "wolf warrior" mode.

Civil service positions have been increasingly sought after in recent years, particularly among fresh Chinese graduates who are facing fewer opportunities, rising living costs and mounting uncertainties.

Japan and South Korea have agreed to end an almost four-year-old trade dispute over critical materials, as they look to restore ties in the face of shared security threats from North Korea and a more assertive China.

Although most Chinese analysts do not believe the collapse of Silicon Valley Bank will substantially impact local financial markets, regulators in Beijing have vowed to improve financial security.