Chinese smartphone maker Honor is receiving significant support from local government backers as it prepares for an initial public offering (IPO). The former Huawei unit is benefiting from …
BUSINESS
China’s city dwellers will soon have more pets than toddlers, and there’s 1 way investors can cash in on the trend, Goldman Sachs says
Cash gifts and subsidies haven’t stopped China’s baby bust But the incentives don’t seem to have changed the minds of Chinese women, who told Business Insider in February that they were turned off by …
China spends big on beef from Latin America-Caribbean as copper drops among exports
For the first time since China became a major trading partner of Latin American and Caribbean (LAC) nations, frozen beef ranked among the top five imports from the region into China in 2023, …
China Economy: Xi Jinping Projects “Pro-Business” Image Amid Crackdowns
Chinese economy has been gripped by a slowdown. China’s mouthpieces are projecting the Chinese leader as “business friendly”. But Beijing’s crackdown of private companies and business owners has …
Exclusive-China’s Honor gets “unusually” strong state backing as it readies IPO
SHENZHEN, China (Reuters) -Chinese smartphone maker Honor is receiving an “unusually” high level of support from local government backers, as the former Huawei unit prepares an initial public offering …
Exclusive: China’s Honor gets strong state backing as it readies IPO
Chinese smartphone maker Honor is receiving an unusually high level of support from local government backers, as the former Huawei (HWT.UL) unit prepares an initial public offering (IPO), according to …
Exclusive: China asks large state financial institutions to drop auditor PwC, say sources
As auditor for about 110 domestically-listed companies as of March this year, per its website, PwC has built a substantial presence in China over the last couple of decades, with business interests …
China services expansion picks up in fresh sign of momentum
Private survey’s result compares with official data last week showing services activity was on the brink of contraction. Read more at straitstimes.com.
U.S.-China Economic and Trade Cooperation Forum Held to Explore More Opportunities for Business Cooperation
More than 300 representatives from both Chinese and American business associations attended the forum. Ren Hongbin remarked, “China and the United States have highly complementary economies with …
Luxury Brands Navigating ‘New Normal’ in China
Luxury brands are facing several challenges in China, including a slowdown in consumer spending and a growing gray market for selling authenticated goods bought overseas as Chinese shoppers head …
China’s Honor gets strong state backing as it readies IPO
The handset maker has declined to disclose any IPO details such as how much it reckons it is worth now. It is looking to list on China’s A-share market where it expects a higher valuation,…
Part 2 | Flagging in: China’s new approach to maritime and seafood power
China has been buying its way into restricted national fishing grounds. The method typically involves the use of business partnerships to register foreign ships under the flag of another country, …
China sees growing foreign trade volume of tea in H1
During the period, China’s import volume of tea reached 24,400 tons, an increase of 41.54 percent, while the import value of tea reached $72 million, up 10.14 percent year-on-year. Belt and Road …
