It would be the most valuable listing in mainland China since financial services firm Guotai Junan’s US$4.8 billion flotation in June 2015. The date of the listing has yet to be set. The biggest allocation…
BUSINESS
China has a $43,000 wealth gap problem
China is no monolith. While residents in Shanghai and Beijing are almost as well off as those in Switzerland by some income measures, parts of the country live more like they were in Guatemala. The…
China rejects U.S. charge of ‘forced technology transfer’ at WTO
GENEVA (Reuters) – China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless.…
China approves 13 new Ivanka Trump trademarks in 3 months
SHANGHAI — China has approved 13 Ivanka Trump trademarks in the last three months and granted provisional approval for eight more, raising fresh conflict-of-interest questions about the White House. The most recent approval from China…
Beijing’s Foxconn Embrace Has Tinge of Desperation
FII shows the closest Beijing can get to matching Taiwan in technology is to buy into a rare mainland IPO and hope to find some leverage, while picking up some business tips along the way.…
China approves five new trademarks for Ivanka Trump’s business just days after Trump’s deal to drop US prohibitions against cellphone manufacturer ZTE
Ivanka Trump’s business has won approval from China for at least five new trademarks. The timing appears to be suspect with it coming just days after Donald Trump announced he was working on a controversial…
Quality drive puts brakes on IPOs
[Photo by Huan Wei / For China Daily] Only 51 applicants out of 96 receive regulator’s green signal in the Jan-May period The stock-market regulator’s approval rate for initial public offering or IPO applications plunged…
China’s navy ‘warned off’ US warships that sailed through disputed South China Sea
China’s military warned off US warships conducting “unauthorized” sailing in waters Beijing claims in the South China Sea. China’s defense ministry said two US warships, the Antiem guided missile cruiser, and the USS Higgins destroyer,…
Source: Trump administration has cut deal with China’s ZTE
In doing two, the two nations pulled back from the brink of a trade war over Chinese demands that U.S. companies hand over some of their technology as the price of doing business in China.…
Early Xiaomi workers to make millions from company’s IPO
Back in 2010, staffers were working seven days a week out of a bare-bones Beijing office park to get the unknown mobile … Now Li stands to make $10 million to $20 million, depending on…
Time-honored brands set for a facelift
The city government will further promote time-honored brands with strong Shanghai features as part of efforts to build the city into a modern shopping paradise. provided to china daily In a bid to bolster the…
The weird zigzags of a ship trying to navigate the U.S.-China trade war
mdash;@realDonaldTrump He later added that American farmers could soon look forward to a bumper crop of business coming from the Chinese agricultural market he was opening up. Under our potential deal with China, they will…
Chinese smartphone giant Xiaomi’s Hong Kong IPO will launch in July
The Beijing-based company will go on a roadshow by the end of June … who doesn’t own any stakes in Xiaomi. A US$10 billion IPO, the biggest in the global pipeline for 2018, would hurtle…