Business groups welcomed that but said Chinese officials can … Many say they are to take advantage of China’s scientific talent pool, but such arrangements benefit potential Chinese competitors and … ( read original story…
BUSINESS
Farmers still support Trump despite costly trade war with China
Trump won the presidency by winning rural America, in part by pledging to use his business savvy and tough negotiating skills to take on China and put an end to trade practices that have hurt…
Canadian soybean exports to China plunge 95% after hitting record high, as diplomatic dispute continues
Exports of Canadian soybeans to China plunged to 3,282 tonnes between January and March, down from 72,806 tonnes during the same period a year earlier, according to Soy Canada. The abrupt drop in … (…
As Trump escalates China trade dispute, economic ties lose stabilizing force in matters of national security
The United States for years relied on economic interdependence with China as a stabilizing force in relations with Beijing, with business between the two nations forming what former treasury secretary … ( read original story…
Blockchain Is Gaining Trust In The Enterprise
Blockchain gets down to business. Based on interviews with 1,386 senior executives in twelve nations (Brazil, Canada, China, Germany, Hong Kong, Israel, Luxembourg, Singapore, Switzerland, United Arab … ( read original story …)
Beating China rivals will be a tall order for Tim Hortons
The plan to expand Tim Hortons into China — Canada branding, maple leaf and hockey stick imagery — was received with a fair bit of hoopla when it was originally announced in July of last…
China is powering ahead of the US in the race for mega start-ups
The surge of growth is a testament to a unique business environment, as well as a population more than three times larger than the U.S. At the same time, it bears all the… The United…
Luckin Coffee, China’s aspiring Starbucks rival, serves up a hot U.S. IPO
Shares of China’s Luckin Coffee Inc surged 47 per cent in their market debut on Friday, indicating strong investor demand for the self-declared challenger to Starbucks Corp in the Asian country. The … ( read…
In wake of Huawei blacklisting, China says U.S. needs to show sincerity in trade talks
On Thursday, Washington put telecoms equipment maker Huawei Technologies Co Ltd, one of China’s biggest and most successful companies, on a blacklist that could make it extremely difficult for the … ( read original story…
China’s central bank will intervene to keep yuan above 7-to-the-dollar level: sources
China’s central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the … ( read original story…
Starbucks’ China challenger Luckin raises $561 million in U.S. IPO
NEW YORK/HONG KONG (Reuters) – Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted range and sold more … (…
Starbucks’ China challenger Luckin Coffee will price IPO at $17 a share
Amazon is leading a $575 million funding round for Deliveroo, taking the total the food delivery firm has raised to date up to $1.53 billion. Singapore Airlines’ order of 31 Boeing 737 Max jets ……
China’s Luckin Coffee raises up to $651M in upsized US IPO
Another week, another cash-burning tech IPO in the U.S. Following on from Uber’s high-profile listing, ambitious Chinese startup Luckin Coffee has raised up to $650.8 million on the Nasdaq after … ( read original story…
