director of the University of Nottingham’s China Policy Institute. “There has never been a time when an American company is less likely to be called out by the White House for pursuing a business-first approach,”…
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China says 2018 growth target to reflect new changes in economy
China’s economic growth target for 2018 will reflect new changes in the economy as the government put more emphasis on higher quality development, the State Council Information Office said on Monday. The government will set…
Free trade talks with China will not yet begin
And a scheduled bilateral news conference was abruptly cancelled by the Chinese according to the prime minister’s office. “I’m pleased we will continue our exploratory discussions towards a comprehensive free trade agreement between Canada and…
Xiaomi Seeks Valuation of at Least $50 Billion in IPO
The Beijing-based company is considering an offering as soon as … the world’s fastest growing smartphone market. A successful IPO may bring it at least $5 billion, much-needed ammunition for expansion, the people said. Kaylene…
Lexinfintech delays U.S. IPO pricing as China reins in micro-loan sector: source
BEIJING (Reuters) – Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source with direct knowledge of the situation said – a move that…
China Rapid Finance Views Long-term Impact of New Industry Rectification Notice as Favorable to Its Business
SHANGHAI, Dec. 4, 2017 — China Rapid Finance Limited (“China Rapid Finance” or the “Company”) (NYSE: XRF), a leading online consumer lending marketplace, today announced that it believes the long term impact of the principles…
Tencent-backed online doctor start-up seeks Hong Kong IPO
Tencent, the world’s largest video games company by revenue and operator of China’s biggest social network, spun off its 44 per cent-owned online search service, Sogou, in an initial public offering (IPO) in New York…
China’s top two banks won’t lend to Adani’s Australian coal mine
SYDNEY (Reuters) – China’s two biggest banks said they do not plan to finance a controversial Australian coal mine, in the latest blow to Indian conglomerate Adani Enterprises’ long delayed project. Industrial and Commercial Bank…
China’s Lexinfintech to conduct additional IPO due diligence, to delay listing
BEIJING, Dec 4 (Reuters) – Chinese consumer lending platform … according to a source with direct knowledge of the situation. The decision will extend the IPO timeframe and came after new rules regulating the industry…
China isn’t taking over the world just yet
Almost daily, newspapers in the US, Europe and China release eye-catching headlines about China’s technological advances and economic prowess. The accomplishments are real. But they’re not necessarily evidence of Western failure or Chinese invincibility. (…
Beijing’s Migrant Clearances May Hurt Growth and Stoke Inflation
A campaign by the authorities in Beijing to clear out homes and businesses used by the poorest of the city’s 8 million migrant population has set off a chain of events that could shrink the…
China’s biggest bank rules out financing Adani’s Carmichael coal mine
The future of a controversial Queensland mega-mine has suffered another setback with project funding from China looking increasingly unlikely. The Greens have heralded the end of the project after a second Chinese bank ruled out…
China’s A.I. Advances Help Its Tech Industry, and State Security
IFlyTek has said its technology can monitor a car full of people or a crowded room, identify a targeted individual’s voice and record everything that person says. “IFlyTek,” the image of Mr. Trump said in…
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