is considering a US IPO, according to an article published in Bloomberg last week. The firm is looking to raise an estimated $200 million according to unnamed sources. The Beijing-based QuantGroup is a financial services…
BUSINESS
China's fondness for pirated software raises risks in attack
China has long been a global centre for unlicensed copying … The authorities have tightened legal controls on data but foreign business groups say such restrictions will limit market access for foreign security products and…
China seen sacrificing some growth to reduce debt risks
After clocking 6.9 percent in the first quarter thanks to spending on infrastructure and a property boom that policymakers want to rein in, analysts surveyed by Reuters reckon economic growth will just about make Beijing’s…
China, India dominate coal ownership amid divestments: Report
Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday. The report, by British-based…
China's chase of the 'golden visa' abroad, by the numbers
China’s middle and upper classes are demanding better schools … WHAT THEY BUY Depending on the country, Chinese investors looking for a second home can join business projects, invest in bonds or make an outright…
AirAsia Fernandes’ China dream come true
PETALING JAYA: Tan Sri Tony Fernandes has reasons to smile, as for the past 10 years he has been dreaming of setting up a low-cost airline in China, and now, he seems to have gotten…
How AP collected, parsed data on China's investor immigrants
BEIJING — At least two dozen countries offer a new home to people willing to invest hundreds of thousands of dollars in a business, real estate or government bonds. And there’s no bigger market for…
Guangxi, China-Sri Lanka Economic & Trade Cooperation Forum to be held in Colombo
Commenting on the upcoming forum’s business intent, president of Sri Lanka – China Business Council, LasanthaWickremesooriya said, “Many Sri Lankan enterprises have shown keen interest to meet the visiting Chinese enterprises and more are expected…
China Looks Overseas for Designers to Build Brands
Local designers have talent but don’t yet have much experience When evaporating profit margins prompted China’s Zhejiang Willing Foreign Trading Co. to launch its own brand for yoga wear last year, it spurned homegrown talent…
China’s economy loses momentum amid clamp down on debt risks
China’s growth took a step back in April after a surprisingly strong start to the year, as factory output to investment to retail sales all tapered off as authorities clamped down on debt risks in…
China's industrial production slows down
Both fixed asset investment and retail sales were down 0.2% from the previous month, adding weight to the argument that growth in China has reached a peak as authorities take substantive measures to tighten lending…
China pledges more than $100 billion in Belt and Road projects
“China will endeavor to build a win-win business partnership with other countries participating in the Belt and Road Initiative,” President Xi Jinping said in his opening speech at a two-day forum on the plan. “These…
China growth slows amid lower demand globally
A host of fresh business figures from China have all confirmed one trend – the world’s second-largest economy is losing steam, although growth figures are still impressive by Western standards. China’s National Bureau of Statistics…
ADVERTISEMENT
