China has counterpunched by targeting $50 billion in U.S. products. ZTE’s seven-year U.S. business ban, ordered last month, led the company to say it was ceasing operations because it cannot get the parts it needs…
BUSINESS
Magic Circle Duo Land Roles on $10B IPO by Chinese State-Owned Enterprise
The last time Hong Kong saw two IPOs worth $10 billion or more in the same year was in 2010, according to the South China Morning Post, when state-owned Agricultural Bank of China raised $22…
Chinese game live streaming IPO shows speed of development in the industry
In the company’s IPO prospectus report, Huya stated that it is currently the largest game live streaming platform in China, having reached 86.7 million average monthly active users (MAU) in the fourth quarter of 2017.…
Chinese co-working space provider Ucommune considering Hong Kong IPO over longer term
Mao Daqing, founder and CEO of China’s most valuable co-working space start-up Ucommune, said he would consider an IPO for the firm in two or three years, with Hong Kong being a strong possibility after…
Starbucks to open new China store every 15 hours until 2022
including health insurance for the parents of employees in a country where children often care for aging family members. “We have built a business here in China over 20 years,” Johnson said. “We have built…
China does not want to see escalation in Sino-U.S. trade tension
China hopes the U.S. will take action as soon as possible on … U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled it,…
On Trade, the U.S. and China Consider the Unthinkable: Breaking Up
For example, Mr. Trump’s proposed tariffs will not touch the consumer electronics industry, in an acknowledgment that the business of making iPhones and Xboxes will stay in China for the foreseeable future. Foxconn, a Taiwanese…
The Contours Of A China-U.S. Agreement
Recent events have shed some light on a likely China-U.S. agreement fairly soon. Key to such was Trump’s order for ZTE’s sanctions to be lightened so that it can remain in business. In return, he…
Starbucks aims to triple China revenue by 2022
Starbucks Corp is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in…
Xiaomi’s Real IPO Killer Just Arrived From Beijing
Xiaomi Corp.’s IPO killer just arrived on the scene. China Tower Corp., a telecommunications construction firm that’s owned by the country’s three state operators, is following in the smartphone seller’s footsteps, applying to go public…
Breakingviews- Tangled loyalties complicate China Tower IPO
HONG KONG (Reuters Breakingviews) – China Tower could have communication issues with investors. The world’s biggest mobile-mast company has filed a prospectus for a Hong Kong float, which Reuters says could raise $10 billion. China’s…
BrandZ Top 75 Most Valuable Global Retail Brands 2018
Amazon, McDonald’s & Alibaba top BrandZ’s Top Most Valuable Global Retail Brands inaugural ranking in 2018. China’s JD.com and Suning also make the cut. The most valuable retail brands in the world are growing their…
Aussie brands look beyond Chinese marketplaces
Azoya Consulting and Frost & Sullivan surveyed 1,000 cross border shoppers in China and 100 international brand owners in Australia, New Zealand, the US, Canada and Europe for their new report assessing the size and…
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