China’s regulatory crackdown threatens to reverse a surge in underwriting fees for US investment banks like Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley. Companies based in China …
Monthly Archives For July 2021
China’s regulatory crackdown a drag on Hong Kong’s IPO pipeline: Bankers
Hong Kong’s buzzing initial public offering pipeline is likely to taper off in the second half of 2021, as Chinese firms temper their …
Exclusive: Foreign Businesses in China Must Plan for Risk of Confiscation: Suntory CEO
“We have to judge to what extent we can tolerate confiscation,” says the Suntory CEO. “And I believe we have to decide sooner or later.” …
Glavin: Beijing poised to size the climate change agenda — and everyone will pay the price
After having ransacked the economies of the world’s liberal democracies and wrecked what is still quaintly called the “rules-based international order,” Xi Jinping’s police state in Beijing has now …
China’s Big Tech crackdown is about protecting the Communist Party
China is relentlessly cracking down on tech giants ranging from ride-sharing firm Didi ( DIDI) to internet giant Tencent and Alibaba ( BABA) affiliate Ant Financial Group. Along the way, billions of …
Exclusive-Biden to tap Huawei prosecutor for key China export post -source
U.S. prosecutor Thea Kendler, an attorney on the criminal case against China’s Huawei and its Chief Financial Officer Meng Wanzhou, will be nominated for a Commerce Department post vital to …
China’s the Biggest Loser in Steven Madden’s Sourcing Switch
The footwear giant moved about half of its women’s production away from China to two Latin American sourcing destinations.
China’s Space Station Is Preparing to Host 1,000 Science Experiments
The spaceborne studies will cover diverse topics, from dark matter and gravitational waves to the growth of cancer and pathogenic bacteria …
Chinese stocks are being battered by regulation from Beijing. Here are the 10 that have seen the steepest declines in 2021.
The iShares MSCI China ETF has fallen 16% year-to-date and is down 30% from its peak in February, while the S&P 500 is up about 15% in 2021.
China Seeks Taliban Promise to Wage War on Uighur Fighters in Afghanistan
“We hope the Afghan Taliban will make a clean break with all terrorist organizations including the ETIM and resolutely and effectively combat them,” Chinese Foreign Minister Wang Yi said.
Small-time traders turn ‘dip buyers’ in China share selloff
Small-time traders have been jumping in to buy stocks discarded by big investors during the selloff triggered by China’s regulatory crackdown, research showed on Wednesday.
Foreign entrepreneurs gear up at the China International Import Export Commodity Bazaar in Shanghai
A Turkish man sells ice cream at the CIIE bazaar in Shanghai. Photo: Yu Xi/Global Times. In Shanghai’s packed and bustling iconic Nanjing Road, one of the city’s famous shopping s …
China brands America’s involvement in Afghanistan a ‘failure’ and hails the Taliban as an ‘pivotal military and political force’ in first talks after the US-led troop withdrawal
The meeting in the Chinese province of Tianjin on Wednesday comes as the Taliban continue to make territorial gains as U.S. forces are preparing to leave Afghanistan after 20 years.