Chinese online short video start-up Kuaishou aims to raise up to US$5 billion in a Hong Kong initial public offering (IPO) as early as January, … ( read original story …)
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ByteDance rival Kuaishou aims to raise up to US$5 billion in Hong Kong IPO – sources
China, Once Germany’s Partner in Growth, Turns Into a Rival
An informal partnership that kept Germany’s economy tethered to China’s for decades is unraveling, threatening Berlin’s—and Europe’s—post-pandemic recovery as the Asian giant stages a powerful … ( read original story …)
Asia-Pacific’s 5G Digital Factory Revenue Primed for a Post-COVID-19 Recovery Worth US$60 Billion in 2030
COVID-19 Recovery Worth US$60 Billion in 2030. Singapore – 17 Sep 2020. COVID-19 initially slowed mobile phone sales … ( read original story …)
China-backed telecom firm says won’t spy on Philippines
A new Philippine telecoms firm with Chinese state investment on Thursday described as “truly misplaced” concerns that communications equipment it will install at military camps will be used for spying … ( read original story…
US-China decoupling and coronavirus: why 2020 upheaval won’t kill globalisation
The sudden stop of the global economy in 2020 has brought to everyone’s attention the interconnectedness of supply chains across countries and continents. Add to this the mounting tensions between the … ( read original…
China’s Biggest Bank Falls Short in Bid to Replenish Capital
A massive push by China’s biggest banks to boost capital amid the worst downturn in at least a decade faltered out of the gate.Industrial & Commercial Bank of China Ltd. slashed a planned bond sale…
The Export-Import Bank’s China Program Lacks Vision
Industrial policy that uses tariffs and subsidies to pick economic winners is once again in vogue among intellectuals. The rationale is to prevent China from “dominating” the global market with … ( read original story…
Bacterial outbreak infects thousands after factory leak in China
Several thousand people in northwest China have tested positive for a bacterial disease, authorities said on Tuesday, in an outbreak caused by a leak at a biopharmaceutical company last year. ( read original story …)
ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
Jack Ma’s Ant faces new rules as it aims to be world’s largest IPO
China’s largest provider of online consumer loans needs to limit the use of asset-backed securities to fund quick personal lending … ( read original story …)
Global report: China locks down border city in response to two Covid cases
China has locked down a city on its border with Myanmar and launched a campaign to test the city’s entire population of more than 200,000 people. Officials in Ruili in Yunnan province said the city…
U.S.-China Investment Flows Slide to Nine Year-Low as Bilateral Tensions Escalate
Investment, both direct investment by companies and venture capital flows, between the two countries fell 16.2% to $10.9 billion in January-June from the same period a year earlier – also hurt by the … (…
UPDATE 1-ByteDance rival Kuaishou aims to raise up to $5 bln in HK IPO -sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……