Debt-Heavy Fosun Seeks Relief With Medical Unit IPO

(Beijing) — After spending billions of dollars on global acquisitions in recent years, private equity giant Fosun has begun to consolidate and focus on the performance of its many offshore assets as it tries to ease its heavy debt load. In one such move ... ( read original story ...)

WuXi Won’t Make Hong Kong IPOs Hot

WuXi Biologics IPO $510 million But one firm ... and an asset base that's more opaque than almost any large bank in China. Next up is probably China Tower Corp., a state enterprise that reported a loss for the first nine months of 2016 and has yet ... ( read original story ...)

China: Won’t release men who probed Ivanka Trump supplier

GANZHOU, China -- China's government on Tuesday rejected a U.S. State Department call to release three activists detained while investigating a Chinese company that produced shoes for Ivanka Trump and other brands. It sought instead to enforce a cone of ... ( read original story ...)

Most valuable brands: 9 American and 1 from China

China now has one of the world's most valuable brands. Shenzhen-based tech firm Tencent has broken into a ranking of the top 10 most valuable brands published by BrandZ. The annual ranking is typically dominated by American companies with global reach ... ( read original story ...)

China just went full-on Big Brother on its credit card system

The banks will report that data to the State Administration of Foreign Exchange (SAFE) daily. This a reminder that, though China has been quiet, all is not well. Officials are doing this because downward pressure on the yuan has been spurring capital outflows. ( read original story ...)

U.S. to China: Free men who probed shoemaker for Ivanka Trump

WASHINGTON -- The State Department called Monday for the immediate release of three labour activists who investigated a Chinese company that produced Ivanka Trump shoes in China. The Associated Press reported that the men were arrested or went missing last ... ( read original story ...)

China must rein in rapid growth in local govt debt — economist

BEIJING: China must rein in rapid build-up in local government debt and should implement reforms at the local level to raise transparency and let market forces play a bigger role, an influential government economist said on Tuesday. “We can’t take a ... ( read original story ...)

China’s flexible in how it deals with yuan value

Will China ever float its yuan? Officially, there is no peg to the US dollar. However, the People’s Bank of China (PBOC) maintains the value of the yuan within a certain upper and lower limit — in a 2 per cent range broadly — utilising in the process ... ( read original story ...)