By the time the market closed, Uber’s stock had nosedived 7.6% from its IPO price to $41.57 … and general investor nervousness on the U.S./China [trade war], risk-off worries in this … ( read original…
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Why Uber may still be worth $100 billion-plus even after its embarrassing IPO
Uber’s hyped-up IPO hits a few potholes on its first day
Uber’s IPO price was lower than initially expected … Jitters about an intensifying U.S. trade war with China also contributed. Stocks were down sharply Friday morning after the two countries failed … ( read original…
Shenzhen disqualifies 32 students as ‘gaokao immigrants’
Considering that its high school enrollment score has been nearly 100 points lower than the four key high schools in Shenzhen in the past three years, some parents suspected that gaokao immigrants … ( read…
Trump escalates trade fight, drawing retaliation from Beijing
President Donald Trump is digging in on his renewed China trade war, warning Monday that the fight “will only get worse” if Beijing retaliates — just as Chinese officials announced a fresh set of ……
China to impose tariffs on U.S. goods despite Trump warning
Before high-level talks last week in Washington, China tried to delete commitments from a draft agreement that Chinese laws would be changed to enact new policies on issues from intellectual property … ( read original…
China to impose tariffs worth $60b on US goods despite Trump warning
China tried to delete commitments from a draft agreement that Chinese laws would be changed to enact new policies on issues from intellectual property protection to forced technology transfers. ( read original story …)
Trade row deepens as China ups tariffs on $60B in U.S. goods
BEIJING — Deepening a trade battle and sending financial markets spinning, China announced Monday it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. … ( read…
Stocks sink again as China retaliates on tariffs
Futures pointed to an almost 500-point fall at the open for the Dow Jones Industrial Average index, with Apple Inc down 3.8 per cent and chipmakers and manufacturers exposed to China taking a hit. (…
China pushes back at U.S. tariffs with new 25% levy of its own
Regulators have started targeting American companies in China by slowing down customs clearance for shipments and issuance of business licences. Officials appeared to be studying the potential impact … ( read original story …)
Beijing defies Trump warning not to retaliate in trade war
US markets were set to plunge Monday morning after China announced a fresh set of tariffs on $60 billion worth of US goods, hours after President Donald Trump warned the nation against retaliating … (…
Foreign fast fashion brands face falling sales in China
A Forever 21 store in Shanghai. Photo: Xie Jun/GT A growing number of foreign fast fashion brands that used to fill the wardrobes of young Chinese have been going out of style. On Thursday afternoon,…
Acorn International Signs Agreement with China Partner to Deliver Western Content and Brands for Large-Scale Arts and Culture Project in China
Acorn’s Acorn Entertainment division to collaborate with China partner under the guidance of the Cultural Department of Zhejiang Province SHANGHAI, May 13, 2019 /PRNewswire/ — Acorn International … ( read original story …)
Chinese brand Moutai launches in Tanzania as Pinda calls for more investments
He said national brands such as Hitachi, Panasonic, Coca-Cola, and Renmao began to advertise and promote their business cultures in mainland China. To-date, the companies have not only changed Chinese … ( read original story…
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