Michael McBride was the new guy at Google Ventures, but that didn’t stop him from chasing a deal across the world.
Monthly Archives For September 2024
US law firms shrink China footprint as investment decline hurts business
This came after the China Business Law Journal reported in July that six US law firms, including the four firms who had replied to the Post, had closed offices in Beijing, Shanghai and Hong Kong…
China’s Car Dealerships Facing Losses of Almost $20 Billion
Car dealerships across China are facing losses of almost $20 billion as consumers hold off on making major purchases and vehicles pile up in sales lots.
U.S. Research Aided Chinese Military Technology, House Republicans Say
A congressional report argues that Beijing has exploited ties with American universities to advance technologically, and that further guardrails are needed.
India’s finished steel imports from China hit 7-year high in April-August, data shows
India’s finished steel imports from China hit a seven-year high during the first five months of the 2024/25 financial year, provisional government data reviewed by Reuters showed. India’s overall …
Beijing IPO meddling leaves bad taste in Hong Kong
Promises, promises. Few people like it when an initial public offering flops on the first day. The People’s Republic, though, is taking such dislike to a new and unwarranted level. The China …
China Resources Beverage aims to launch up to $1 billion Hong Kong IPO in October, sources say
Drinks maker China Resources Beverage is aiming to launch its Hong Kong initial public offering to raise up to $1 billion in October, according to two sources with direct knowledge of the matter, in a…
Chinese quietly offer flowers to slain Japanese boy in Shenzhen
Workers on motorcycles have continued to deliver bouquets of flowers to a school here for “secret” tributes to a 10-year-old Japanese boy who was fatally stabbed near the site.
China stimulus hopes rise as PBoC cuts rate, flags briefing
The People’s Bank of China lowered the 14-day reverse repurchase rate, catching up with reductions initiated in July, and flagged further moves on Tuesday.
China must ramp up housing rescue to boost growth, economists warn
Amid doubts over whether China can meet its lofty 5 per cent GDP target, analysts say Beijing needs “a complete change in mindset” to revive the ailing property market.
China’s central bank injects cash, lowers 14-day reverse repo rate
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signalling its intent to further ease monetary conditions. The …
China-EU trade spat’s next swipe may hit LVMH
Few Western corporate chieftains command as much attention in China as Bernard Arnault. The 75-year-old boss of $340 billion LVMH routinely rubs shoulders with senior government officials and was the talk of Chinese social media…
At the World’s Largest Shipyard, U.S. Courts an Ally to Face Up to China
South Korea offers shipbuilding capacity, know-how and talent that rivals China, but American ships by law must be built in the U.S.
