(Reuters) – China’s securities regulator has received on June 7 application from smartphone and connected device maker Xiaomi for its initial share offering in China, a filing on the regulator’s website showed. Xiaomi, which submitted…
BUSINESS
Crypto’s 32-Year-Old Billionaire Mining King Considers an IPO
any estimate of the Beijing-based company’s value — and its owners’ wealth — inevitably involves a lot of guesswork. But that could be about to change. An IPO would not only open Bitmain’s books to…
China moves to cash in after Trump exits Iran nuclear deal
China’s adeptness at doing business with Iran through state-owned companies not exposed to the American financial systems could make Beijing the big beneficiary of President Trump’s move to withdraw from the Iran nuclear deal and…
The Reborn Bling Dynasty in China
Any move to dampen China’s runaway urban property markets could hit the luxury industry very hard. Yet the new boom has also brought a new risk: Falling out of fashion. Luxury brands have historically tried…
E-Commerce Incubator Brings Indie Foreign Brands To Millennials In China
Brands can have a hard time finding an audience in an age where everyone fights for attention on social media. China e-commerce company Alibaba Group is using its Taobao Global incubator to give small to…
U.S. reaches deal with China’s phone maker ZTE: Commerce Secretary
He added that he did not think the arrangement would have any effect on tariff talks with China. “We think this settlement, which brought the company, a $17 billion company, to its knees, more or…
Commerce Secretary: US reaches deal with China’s ZTE
WASHINGTON — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing…
‘What if China suddenly disappeared?’: A top strategist just published a reality check for those freaking out about the rise of China
China runs the largest merchandise trade surplus with the US at $375 billion. But some analysts think the data can be misleading. The US-China trade deficit could be overstated by as much as 20%, one…
China seems ‘worried’ about Malaysia’s new leadership, and a suspicious $2 billion deal could be the first sign of trouble
Euan Graham, the director of the Lowy Institute’s international-security program, told Business Insider after the election that Beijing was most likely nervous about Mahathir taking office. “Would China be happy with the result?” Graham said.…
China institutes on US campus: Fount of learning or threat?
For critics, like Republican Sen. Marco Rubio, they present a threat to academic freedom and a spy risk. As tensions between the U.S. and China rise over trade and security, perceptions vary wildly about educational…
China Gets Hands on Chip Technology in SoftBank Deal
SoftBank said Tuesday it would cede 51% of the Chinese business for $775 million, while retaining the remainder. The buyers are led by Hopu Investment Management Co., which is backed by sovereign-wealth fund China Investment…
China just extended Trump a massive olive branch to try to calm the trade battle
China has offered to purchase close to $70 billion worth of US goods over the next year if the Trump administration backs off proposed tariffs, according to The Wall Street Journal. The deal would include…
China tells U.S. Secretary of State to mind his own business after Tiananmen Square comments
China has lodged stern representations with the United States, its foreign ministry said on June 4, over comments by U.S. Secretary of State Mike Pompeo urging it to come clean on the anniversary of the…
