JPMorgan Chase & Co plans to hire at least 12 equity research analysts in China this year, two people with knowledge of the matter said, in its first major mainland hiring push as it takes…
BUSINESS
What Does China Really Want? To Dominate the World
A long-standing trope in the U.S. debate on that subject is that China itself doesn’t know what it seeks to achieve, that its leaders haven’t yet worked out how far Beijing’ … ( read original…
Pentagon says China’s military is challenging the US with ‘risky’ run-ins in the South China Sea during the pandemic
Tensions are flaring in the disputed South China Sea during the pandemic, with at least nine encounters between Chinese jets and US aircraft. ( read original story …)
Retail: Popeyes Shanghai Chicken Defies President Trump’s China Strategy
Our President has focused his energy on China imports, exports, and deficits; but many American retailers and brands still dream about selling in China. Unfortunately, while we are thinking about … ( read original story…
China Keeps Germany’s Car Makers in the Fast Lane
Germany’s car manufacturers are once again being bailed out by China. Having skidded to a halt in February, Chinese vehicle sales are rebounding—particularly at the luxury end of the market. ( read original story …)
Hong Kong No Longer in Top Three IPO Venues
Hong Kong is not part of the top three listing venues globally for the first time in six years, as a slow start to 2020 has weighed on initial public offering activity. ( read original…
Nasdaq’s China Crackdown Looks Halfhearted
Nasdaq is tightening rules on initial public offerings in an effort that looks to be targeted primarily at Chinese companies. To appreciate just how tepid its proposals are, consider this: They wouldn … ( read…
I-Mab Expands Global Presence with New Hong Kong Office
Mab (NASDAQ:IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel or highly differentiated biologics to treat diseases with … ( read original story …)
US and allies mull alliance to move business from China to nations with shared values
The Trump administration and other Western nations have a growing interest in an alliance to establish critical supply chains outside of China, but the plan for how to do it remains in its infancy. (…
TCP Group unveils more than USD 150 million of investment to expand Red Bull operations in China over the next three years
TCP Group, the inventors and owners of the Red Bull brand and trademarks in China and globally, today announced a series of investments totaling more than USD 150 million over the next three years in…
Business Group Cautions U.S. on ‘Reshoring’ Too Much China Supply
The head of the U.S. Chamber of Commerce on Tuesday warned the U.S. government against overdoing a major effort underway to rip U.S. supply chains out of Ch … ( read original story …)
CZ on Binance’s New Chinese Domain: ‘Let’s Focus on Tech First’
Binance’s new Chinese website gets an approval from the China’s Ministry of Industry and Information Technology … ( read original story …)
Iran Moves to Restrict Crypto Exchanges Under ‘Currency Smuggling’ Laws
Legislation proposed this week would make it increasingly difficult, and risky, for cryptocurrency exchanges to sell bitcoin in Iran. ( read original story …)