“China controls up to 40% of the global shipbuilding capacity, and that’s a natural metric of where they want to be in the financing business,” said Arlie Sterling, president of Boston-based shipping consultancy Marsoft Inc.,…
BUSINESS
China IPOs In New York Rebound To 16 In 2017, Online Lender Lexin Aces Nasdaq
China IPOs in the U.S. have rebounded this year, with 16 Chinese companies going public on Nasdaq and the New York Stock Exchange, matching the number of Chinese IPOs in 2014 and showing a considerable…
China’s EV Startups Have Struggled So Far, But Tesla Should Prepare For Serious Challengers
Finally, an asset-light business model that outsources manufacturing to an established auto company significantly reduces risk and capital costs. Will NIO, in fact, be China’s answer to Tesla? Only time will tell, but the company…
China securities regulator says no change to pace of IPO reviews: sources
BEIJING (Reuters) – China’s securities regulator told a recent meeting with investment banks that there has been no change to the pace for reviews of initial public offering (IPO) applications, three sources told Reuters. IPO…
New China Ready Workshop Added to the Connect Travel Marketplace
“We added the China Ready Workshop to the Connect Travel Marketplace agenda to help North American destinations and travel suppliers learn what it will take to increase their business from the fastest growing international feeder…
Why are China instant noodle sales going off the boil?
Japan’s instant noodle business Nissin Foods, for example, is planning a stock market flotation in Hong Kong. It hopes to raise about $145m (£108m). It is rare for a Japanese firm to list in Hong…
Exclusive: KPMG partners face court contempt over China audit
China Medical is the most high-profile international contest … “They need to comply with the laws in all of the locations where they are doing business.” In July, the U.S. audit regulator revoked the registration…
China wants acceptance
Foreign business groups in China report that companies are increasingly frustrated with market barriers and other restrictions they say violate Beijing’s free-trade promises. The report is another abrupt turn in Trump’s stance toward Beijing, which…
Decoding Trump’s Plan to Rein In China
Some Western businesses complain that, to do business in China, they are required to form joint ventures with Chinese companies, or to otherwise share technology with Chinese partners who may someday become rivals. And the…
China’s Huawei to expand in U.S. smartphone market next year
Yu expressed confidence the smartphone business wouldn’t be affected by American government … Helped by a strong position in China, India and other developing markets, sales by its premium-priced Huawei and mid-market Honor smartphone brands…
China says internet giants have to accept tough regulations
Google and Facebook will have to accept China’s censorship and tough online laws if they want access to its 751 million internet users, Chinese regulators told a conference in Geneva on Monday. Google and Facebook…
Large potential import market inside Yiwu, China’s “Christmas Village”
and also would like to develop import business now.” Ali M.Fadhil Ahmed Al-Rubaie, President of the Iraqi-Chinese Chamber of Commerce, who has been in China for about 11 years and also done import business in…
China is facing a mysterious happiness crisis despite booming prosperity
In the past 25 years, China’s real GDP has exploded, but citizens aren’t any happier. China Photos/Getty Images Chinese happiness is probably less than it was in 1990. China’s real GDP has increased by 5…