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BUSINESS
China comes roaring back in the global IPO market
HONG KONG — The global market for initial public offerings recovered briskly in the first quarter of 2017, raising a total of $36 billion, helped by a six-year high in Asian IPOs totaling $12.76 billion.…
China’s e-commerce boom part III: How can individual brands stand out?
As we enter the age of “new retail”, we ask Matthew Crabbe, Director of Research, Asia-Pacific at Mintel how both Chinese and overseas APAC brands can strive for market domination. Jack Ma, the founder of…
U.S. business seeks action, not trade war, in Xi-Trump summit
Jacob Parker, vice president of China operations at the U.S.-China Business Council, said the two presidents need to take “positive actions that would lead to a more durable relationship, not retaliatory actions that would lead…
Hotel Lotte scraps IPO, stung by China's reprisal
SEOUL — Hit by China’s retaliation for the deployment of a U.S. anti-missile system in South Korea, Hotel Lotte has shelved plans for an up to $4.5 billion listing in Seoul until its duty-free business…
South Korea Lotte Group says will continue to invest in China despite tensions
SEOUL (Reuters) – South Korea’s Lotte Group will continue to invest in its China business despite diplomatic tensions over the deployment of a U.S. missile defense system, a Lotte executive said on Monday, denying rumors…
Li Na Land, reality TV and fashion — what China's tennis pioneer did next
(CNN)She may have hung up her tennis racket more than two years ago, but two-time grand slam champion Li Na is still winning big in business. China’s first major singles champion, Li has been busy…
New ambassador to Beijing bullish on Canada-China ties
Barely two weeks after leaving the post of federal immigration minister and being installed as Canada’s ambassador to China, John McCallum is already getting down to business. McCallum, in an interview with Postmedia, said his…
Manufacturing growth caps strong first quarter, led by China
Factories across Europe and much of Asia posted another month of solid growth in March, rounding off a strong quarter for manufacturers, even though exporters fear a rise in U.S. protectionism could snuff out a…
South Korean company to China: Don't blame us for THAAD missiles
Lotte, one of South Korea’s biggest conglomerates, has longstanding ties to China. It’s been doing business there for more than 20 years, employs 25,000 people and has invested more than $5 billion, Shin said. China’s…
Dating in China: A booming business
According to a feature in a local newspaper, China’s dating market continues to expand rapidly, with 600 million people registered with matchmaking services (such as dating websites) in 2016, a ten-fold increase since 2011. Some…
Asian markets gain on Japan data, awaiting US-China meeting
Hong Kong’s Hang Seng gained 0.4 per cent to 24,195.21. Shanghai’s bourse was closed for a holiday. U.S.-CHINA: Markets are closely watching for the outcome of the meeting with Chinese President Xi Jinping at Trump’s…
China demand for bananas, cotton and New Zealand lamb drives Asia export rebound
They’re all objects of resurgent Chinese demand. As Donald Trump prepares to go head to head with Xi Jinping on trade, China’s consumer power is kicking Asia’s export engine into gear, moving the world’s fastest-growing…
