Hangzhou tops EIU chart of Chinese metropolitan areas with most economic probable

Personnel acquire a lunch crack at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Tune

BEIJING, Sept 8 (Reuters) – (This September 7 story corrects typo in very first paragraph.)

The Chinese tech hub of Hangzhou, residence to e-commerce large Alibaba (9988.HK), topped an Economist Intelligence Unit rating of Chinese metropolitan areas with the greatest economic expansion likely in the upcoming couple several years.

All the cities in the leading 10 are in japanese and southern China, apart from for the money Beijing, which ranked sixth, following Hangzhou, Shenzhen, Guangzhou,

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Bruised Chinese Net Organizations Test to Get More than Beijing and Investors

Following suffering through stock selloffs this summer season, China’s online giants are working really hard to get back favor with authorities and world-wide traders as the organizations try to chart paths again to normalcy.

Shares of two massive Chinese on line stores, Pinduoduo Inc. and JD.com Inc., have jumped about 20% or more this week—recouping a chunk of their heavy losses considering the fact that July—after the organizations noted balanced income boosts in the second quarter and highlighted their contributions to Chinese culture. Their general performance took some of the concentration away from Beijing’s widening regulatory crackdown, which has turned

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U.S. bans imports of photo voltaic panel material from Chinese corporation

June 23 (Reuters) – The Biden administration on Wednesday requested a ban on U.S. imports of a important photo voltaic panel content from Chinese-dependent Hoshine Silicon Field Co (603260.SS) more than pressured labor allegations, stated two sources briefed on the issue.

The U.S. Commerce Division separately restricted exports to Hoshine, 3 other Chinese companies and the paramilitary Xinjiang Manufacturing and Building Corps (XPCC), indicating they were associated with the compelled labor of Uyghurs and other Muslim minority groups in Xinjiang.

The three other businesses added to the U.S. economic blacklist incorporate Xinjiang Daqo New Electrical power Co, a unit of

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