Today’s Chinese youth recognize major domestic brands better than well-known international brands, an AT Kearney report said.[Photo by Wang Haibin/for China Daily] Chinese millennials, or people born in the late ’80s and early ’90s, and…
BUSINESS
China just sent the world’s largest amphibious aircraft on its maiden flight
BEIJING (Reuters) – China’s domestically developed AG600, the world’s largest amphibious aircraft, performed its maiden flight on Sunday from an airport on the shores of the South China Sea, the latest step in a military…
China approves four IPO applications
BEIJING – The Chinese securities regulator has approved four new IPO applications, which will raise up to 5.8 billion yuan (about 881 million U.S. dollars) in the A-share market. Two companies will be listed on…
China’s trade with North Korea edges up in November
Beijing/Shanghai: China’s trade with North Korea edged up to $388 million (Dh1.4 billion) in November but remained around its lowest levels this year, data showed on Saturday, as tough sanctions continue to slow business with…
China, Flush With Cash, Sets Sights on Shipping
“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.,…
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…
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