China’s WM Motor Technology Co., set to take on Tesla Inc. with an electric SUV going on sale this year, is open to holding an initial public offering in the U.S. as its founder shrugs…
Featured Posts Title
You Xiaodi Triumphs Over Seed No. 5 to Reach Semifinals at Shenzhen W50
China’s Baidu launches two new AI models as industry competition heats up
Shenzhen women scam 36 men into buying homes
Canadians win 3 gold medals at short track worlds in Beijing
Exclusive-China’s Ecarx in talks with VW to develop smart cars for Europe, US, CEO says
Should Europe draw closer to China?
Beijing steps up attack on Hong Kong’s Hutchison, warning over ‘dancing’ with US
Recent Posts
China’s WM Motor Open to U.S. IPO, Shrugging Off Trade Tensions
Purchase of foreign brands ‘lucrative’
Chinese companies are buying foreign brands so they can introduce the brands and their products to shoppers in China, according to retail experts. The appraisal followed Chinese conglomerate Fosun sealing two offshore investment deals in…
JPMorgan’s Gartside Is ‘Not at All’ Worried About a Financial Crisis in China
Mar.12 — Alberto Gallo, portfolio manager at Algebris Investments, and Nicholas Gartside, international chief investment officer of fixed income at JPMorgan Asset Management, discuss the risks of a China banking crisis. They speak with Bloomberg’s…
After Tariffs, Trump to Punish China for Intellectual Property Theft
President Trump’s coming tariffs on foreign steel and aluminum imports is the first step in targeting China’s unfair trade practices, according to a senior White House trade official. The next phase in the president’s bid…
China says no to U.S. trade war, but vows to defend interests
Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less restrictive. “We have noticed that some foreign-funded businesses have complained about China’s investment environment,” Zhong said.…
China is at risk of a banking crisis, a central bank body says
The International Monetary Fund , in a report published in December, identified three “major tensions” in China’s financial system that could derail the world’s second-largest economy. But Chinese authorities had acknowledged those risks and taken…
Exclusive: China’s CEFC was scrambling for loans as authorities swooped
Trust lending in China is not as tightly regulated as bank activity, allowing trusts to charge higher rates of interest to borrowers who may struggle to access more traditional forms of finance. “Paying ultra-high interest…
Don’t count on Beijing to resolve fallout from any debt blowup, says expert
The Chinese government needs to wean the debt-laden economy off the belief that Beijing will stage a bailout if problems crop up, says a Tsinghua finance professor. The country has the size and resilience to…
China allows Xi to remain president indefinitely, tightening his grip on power
BEIJING (Reuters) – China removed presidential term limits from its constitution on Sunday, giving President Xi Jinping the right to remain in office indefinitely, and confirming his status as the country’s most powerful leader since…
China makes historic move to allow Xi Jinping to rule indefinitely
BEIJING — China’s rubber-stamp lawmakers on Sunday passed a historic constitutional amendment abolishing a presidential two-term limit that will enable Xi Jinping to rule indefinitely. The amendment upends a system enacted by former Chinese leader…
China Ties Future to Xi as Lawmakers Repeal Term Limits
China’s parliament voted to repeal presidential term limits … increase global clout and curb financial and environmental risks. It also ties the world’s most populous country more closely to the fate of a single man…
Trump’s steel tariffs are nothing compared with the looming war over intellectual property theft with China
US President Donald Trump’s proposed steel tariffs have caused China to warn of trade wars and potential damage to the US economy, but steel tariffs are nothing compared with the coming fight over intellectual property…
Property tax not just aimed at taming home prices in China
China will “prudently advance legislation on real estate tax,” Premier Li Keqiang said on Monday while delivering his annual government work report at the opening of the 2018 two sessions. It is expected that the…