The Raptors are an example of one of the many ways in which China is linked to Canadian business interests. At the same time, two innocent Canadians are in a Chinese jail in retaliation for…
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China Gymnast Hero’s Brand Vaults Back Into Spotlight With MSCI
The sports world loves a comeback story, and Li Ning — both the former gymnast and his apparel business — are seeking a return to glory. Li, 56, is back in the spotlight as his…
This Unicorn Was Rejected by Every VC. Now It’s Eyeing an IPO to Raise $1 Billion
Now the firm, with 220 employees, and offices in San Francisco, Berlin, Beijing, and Tokyo … about 16% of companies were profitable at their IPO—the lowest figure since the dotcom bubble … ( read original…
US tech groups scour supply chains for China risks
The biggest US technology companies are re-examining their supply chains to identify Chinese groups that may be targeted in the escalating trade war between China and the US. Executives at several … ( read original…
How markets are reacting to the US-China trade war
The financial markets have become extremely focused on the twists and turns in the tariff negotiations involving the US and China and, more recently, on the likelihood of a technology war centred … ( read…
China-led oil project tanks
And it helps explain why China’s spending in the sector has slowed to a trickle … Indeed, PROP might be considered a core business if not for the higher profits the company expects to realize…
China tells Canada of ‘consequences’ of helping U.S. with Huawei case
Chinese authorities detained Spavor, a businessman, and former diplomat Kovrig on Dec. 10, shortly after Canada arrested China-based Huawei’s Chief Financial Officer, Meng Wanzhou, on a U.S. warrant. … ( read original story …)
China says U.S. can’t use pressure to force trade deal
BEIJING (Reuters) – The United States cannot use pressure to force a trade deal on China, a senior Chinese official and trade negotiator said on Sunday, refusing to be drawn on whether the leaders of…
China Says It Doesn’t Want to Replace U.S. as ‘Boss of World’
(Bloomberg) — China doesn’t seek to surpass the U.S. as the globe’s dominant power but is prepared to “fight to the end” if needed, Defense Minister Wei Fenghe said, as trade friction grows between ……
China blames US for trade war, says ‘nothing is agreed until everything is agreed’
China on Sunday blamed the United States for the trade war, vowing it would not back down and accused Washington of being an untrustworthy negotiator as tensions continue to escalate between the … ( read…
Singapore says global rules could change with China’s rise
“China will have its own legitimate interests and ambitions … New international rules need to be made in many areas, including trade and intellectual property, cybersecurity and social media.” Lee … ( read original story…
Banking system liquidity ample after Baoshang Bank takeover: Chinese central bank
SHANGHAI (Reuters) – China’s central bank said on Sunday that liquidity in the banking system is reasonably ample, and that it would use various monetary policy tools including medium-term facility … ( read original story…
China central bank urges calm after Baoshang takeover
SHANGHAI (Reuters) – China’s central bank sought to calm investors on Sunday after last month’s takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not planning any more such moves … ( read original story…