Midea Group, the world’s biggest home appliance maker, is set to become the largest initial public listing (IPO) in Hong Kong in more than three years, as it aims to raise at least US$3 billion,…
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AmCham South China Officially Launches the Shenzhen Qianhai Service and Meeting Center
The American Chamber of Commerce in South China (AmCham South China) today officially launched the Shenzhen Qianhai Service and Meeting Center. The opening ceremony was attended by nearly 200 …
Bad information is a grave threat to China’s economy
An obvious result is the retreat of individual liberty. In a reversal of its partial opening, China has become a more repressive place. Many Chinese still have liberal views and enjoy debate but stick to…
Tesla says it will launch Full Self Driving product in Europe and China early next year
Tesla says it will launch its “Full Self Driving” driver assistance product in Europe and China early next year.
‘Business is business’ at bustling China-Africa summit
In China, the price is right,” Abakar Tahir Moussa, a Chadian construction firm owner, told AFP, showing off the business card of a potential new Chinese partner.He hoped to use the Forum on …
China issues draft rules for foreign accounting firms’ domestic operations
China’s finance ministry introduced draft rules on Thursday for managing the domestic business activities of foreign accounting firms. According to the draft, financial departments will be tasked with …
How Swedish Companies Navigate China’s Evolving Market with Strategic Localization and Diversification
According to a recent white paper, Swedish multinational corporations (MNCs) are navigating the complexities of the Chinese market by adopting “China-for-China” strategies, focusing on localizing …
AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant.
China Detains AstraZeneca Staff in Data, Drug-Import Probes
Police in China have detained five current and former employees of British drugmaker AstraZeneca Plc for questioning about potential illegal activities, according to people familiar with the matter.
China is suffering from a crisis of confidence
The two rival explanations for China’s confidence problem thus have quite different implications for policy. If gloom is simply a function of a weak economy, stronger stimulus should dispel it.
China’s Midea Group to raise US$3 billion in Hong Kong’s biggest IPO in 2 years
The world’s biggest home appliance maker is likely to start the book building process as early as Monday, according to a source.
Five AstraZeneca staff detained in China amid claims of illegal drug imports
Five AstraZeneca staff have been detained in China amid claims of potential illegal activity at the British drug giant. Authorities in Shenzhen, China, are investigating how the company collected …
China offers Africa $51 billion in fresh funding, promises a million jobs
President Xi Jinping pledged on Thursday to step up Chinese support to Africa, the world’s second fastest-growing continent, with funding of nearly $51 billion, backing for more infrastructure initiatives and a promise to create at…