On Wednesday, China unveiled the draft of a foreign investment law containing a proposed ban on forced technology transfer and illegal government “interference” in foreign business operations, practic… ( read original story …)
BUSINESS
China’s draft foreign investment law bans forced tech transfer, emphasizes reciprocity
BEIJING/SHANGHAI (Reuters) – China has proposed a ban on forced technology transfer and illegal government “interference” in foreign business operations, practices that have come under the spotlight i… ( read original story …)
Brand-building key to global competitiveness
China should improve the top-level design of a brand-building mechanism to promote and strengthen internationally influential domestic brands and intellectual property rights, said political advisors, … ( read original story …)
China Claims Most US IPOs Since 2010
There have been 33 initial public offerings (IPOs) for Chinese companies listed on the New York Stock Exchange and Nasdaq this year, the most since 2010, when there was 39, according to reports. The c……
Number of Chinese IPOs in US hits eight-year high
Investors who bought US-listed Chinese IPOs at the offer price were on average nursing losses … Equities worldwide have had a punishing end to 2018 as concerns about the US-China trade war and globa… (…
China approves large-scale energy storage pilot
BEIJING—China approved its first large battery storage pilot project as it seeks to maximize clean energy output and improve grid stability. The initial phase of the venture in the northwestern provin… ( read original story…
The 8 Controversies That Shook China’s Luxury Industry in 2018
In 2018, plenty of luxury brands once again got embroiled in controversies that cost them hundreds and millions of dollars to solve and to soothe the outraged public. Here, Jing Daily offers our year- ……
China cuts tariffs on more than 700 goods as it works to open its economy
China has announced another round of tariff cuts, lowering import taxes on more than 700 goods starting Jan. 1 as part of its efforts to open up its economy and lower costs that the people…
The rise and fall of bike-sharing company Ofo is a lesson for China’s tech investors
“It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” Wu Shenghua, founder of now bankrupted bike-sharing company 3Vbike, told Reuters. “It rea… ( read…
China is reportedly considering a law to crack down on forced tech transfers
The draft law has been interpreted by some as a move from Beijing to address complaints raised by the U.S. and others about the way China treats foreign firms hoping to do business in the…
Hong Kong regains global IPO crown from New York in 2018 thanks to its listing reforms
Mobile tower operator China Tower’s US$7.5 billion IPO – the largest IPO in Hong Kong this year – was also tech related. Overall TMT IPOs raised US$15.7 billion, up 605.5 per cent from 2017 while…
Now is not the time for Canadian businesses to retreat from China
Businesses can put investments on ice, avoid travel to China and rethink their longer-term plans in the country. Or they can proceed with business as usual, assuming the current rough patch will event… ( read…
Tesla cuts Model 3 prices in China
BEIJING (Reuters) – Tesla Inc has slashed prices on its Model 3 electric car in China. According to the California-based electric carmaker’s Chinese website, prices of certain Model 3 cars were … ( read original…
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