That’s a fall of 40 percent. I spoke to a colleague this morning based in the U.S. and he was in a total panic about “what’s happening in China.” First of all, let me give…
BUSINESS
China Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown
China Business Network, a financial and business news portal, said on Thursday that the authorities in Shanghai, where BTC China is registered, would close all Bitcoin exchanges within their jurisdiction by the end of the…
In China, platforms are cutting out media-buying agencies
If China is where the future happens, that’s bad news for media agencies. In China, big brands are increasingly moving their advertising budgets from agency trading desks to Baidu, Alibaba and Tencent (known as the…
Why General Motors is outpacing Ford in China
and China-only Baojun brands. Continue Reading Below GM’s gain came as rival Ford Motor Company (NYSE: F) posted a 1% decline in its sales in China for the month. Domestic Chinese automakers have made great…
China And Aramco IPO: Win, Wins From A Closer Relationship
NO SMOKE without fire? Perhaps, as there more and more reports that China will buy into next year’s Saudi Aramco IPO.. This would further cement already strong economic and geopolitical ties between China and Saudi…
Goldman-Backed Chinese Fast-Fashion Label La Chapelle Launches $702 Million IPO
La Chapelle, a Chinese fast-fashion label that is known as “China’s Zara,” launched an initial public offering (IPO) on September 13 with the aim of raising about 4.6 billion yuan ($702 million) to fund an…
Iconic Canadian retailer Roots seeks IPO with $700 million valuation
Roots is also eyeing international markets, hoping to grow by up to 25 new locations between Taiwan and China, and build a presence in Singapore … then it makes sense to go forward with an…
IPO reforms will channel capital into real economy
Since the establishment of China’s stock market, there has been a controversy over the IPO system. After 20 years of continuous study and research, especially since the deepening reform undertaken by the 18th National Congress…
The Key To Success For Luxury Brands In China
I don’t normally write about this specific topic: luxury brands in China. But when you’re talking about the amount of money at play here, that caused me to sit up and take notice. There are…
China green car pivot will need state support, GM chief says
In July, Reuters reported global makers were urging China to delay and soften planned quotas for NEVs, which they said would be impossible to meet and would hit their business. Barra added the firm would…
Is Russia Pushing Saudi Arabia Out Of Asia?
The deal was no surprise as it came on the heels of a Rosneft announcement regarding the sealing of a strategic partnership deal with CEFC, but it is clearly indicative of a continuing warming between…
China Inc. Gets Private Equity Religion
HNA bought Pactera Technology International Ltd., a Beijing-based information-technology outsourcing services provider, from Blackstone Group in October last year and appointed Goldman Sachs Group Inc. to underwrite an IPO, though Goldman halted work … (…
China’s retail sales up 10.1 pct in August
The Chinese economy enjoyed better-than-expected growth in the first two quarters of the year thanks to debt-fuelled investment in infrastructure and real estate, although warnings of a potential financial crisis have spurred Beijing to clamp…
