“Beijing understands really well their bargaining power, and the country is in a much-stronger position,” a source said.
BUSINESS
Chinese Fashion Company ‘Shein’ Files To Hold U.S. IPO
Chinese fashion company Shein has filed to hold an initial public offering (IPO) in the U.S. The retailer, which is popular in Asia, was last valued at $66 billion U.S. and could be ready to…
Politicians urge U.S. to take action as China dominates key industry: ‘[The U.S. is] 10 to 20 years behind Asia’
Two senators wrote a letter to push the United States to catch up with China in battery production and next-generation battery research, Reuters reported Nov. 6. Mark Warner, chair of the Select …
Chinese Fashion Giant Shein Files for US IPO to Expand Its Global Presence
Shein has filed to go for an IPO in the US as part of its efforts to expand its footprint in one of the largest apparel markets in the world.
Business should get out of China while it still can
And it is still expanding at a rate that puts Europe to shame. But the simple facts of the matter indicate that global business may well be right to get out. China is an increasingly…
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
China’s Shein files for US IPO in major test for investor appetite- sources
By Kane Wu and Anirban Sen (Reuters) -Fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter said on Monday, in what is likely to be…
The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
Beijing’s green lights for Broadcom and Mastercard are seen as isolated successes tied to politics.
China’s fast-fashion retailer Shein files for US IPO – sources
By Kane Wu and Anirban Sen (Reuters) -China-founded fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter told Reuters on Monday.
Standard Chartered to Participate in Trials of China’s Digital Yuan CBDC – Here’s What You Need to Know
Standard Chartered will initiate exchange services for China’s CBDC, the digital yuan, as it is set to participate in the e-CNY trials.
Fast-fashion giant Shein could be next blockbuster IPO after filing to go public: report
The company was valued at more than $60 billion in May and is expected to become the most valuable China-founded company to go public in the United States since ride-hailing giant Didi …
West’s de-risking starts to bite China’s prospects
Li is expected to make a similar call on Tuesday at the country’s inaugural China International Supply Chain Expo, which it is expected to use to tout its supply chain advantages. “Foreign business …
Top 10 best China brands in 2023
Tencent, Alibaba and China Construction Bank remained ranked as the top three, with the value of 877.92 billion, 687.17 billion and 191.08 billion yuan, respectively. CATL, Mindray and Sinopharm Group …