UK companies are seeing a significant rise in exports of goods and services to China, despite the ongoing political relations between the two governments.
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Reckitt Shortlists Bidders for $2 Billion Mead Johnson China Business – Sources
The group has hired Morgan Stanley to run an auction of infant formula unit Mead Johnson in Greater China, in a deal that could fetch over $2 billion. Morgan Stanley declined to comment. Also on…
US-China tech war: China’s biggest chip maker SMIC facing possible delays at new Shenzhen plant due to US restrictions
Semiconductor Manufacturing International Corporation (SMIC), the world’s fourth-largest foundry and China’s most advanced chip maker, said it may face delays at its new plant in Shenzhen due to US …
China Closes In On Japan At Beauty Giant Shiseido
Shiseido’s home market has underperformed during the pandemic while China’s consistently strong growth has tilted the company’s geographic weighting at lightning speed.
Australia will be ‘patient’ in trying to improve relations with China, says deputy prime minister
China said last week it would “indefinitely” suspend an economic dialogue it was to have held with Australia, the latest in the rift between both countries.
Tesla’s Model Y slumps in China sales rankings, data shows
Tesla’s Model Y, which launched to customers in China in January, fell to sixth place in April, down from third, according to China’s Passenger Car Association.
Mainland China reports first local COVID-19 cases in more than 3 weeks
Mainland China reported seven new COVID-19 cases on May 13, including its first local transmissions in more than three weeks, the country’s national health authority said on Friday. Two of the new …
China replaces Shenzhen leaders as housing prices soar
The Chinese technology hub of Shenzhen has replaced the mayor and and other top officials in what has been seen as punishment for failing to cool the city’s overheated real estate market. The Shenzhen …
Beijing Shiwuyou plans an IPO in the U.S which will be the first listed safety-food stock from China
According to the insiders, Beijing Shiwuyou E-commerce Co., Ltd, hereinafter referred to as “Shiwuyou”, a service provider and operator of the special agricultural food safety technology, intends to …
China-based ForU Worldwide files for $100M IPO in US
According to a company blog, ForU Worldwide is able to increase operational efficiency of vehicles by 24% and reduce shipping cost by 15%.
Mainland China reports first local COVID-19 cases in over three weeks
Mainland China reported seven new COVID-19 cases on May 13, including its first local transmissions in more than three weeks, the country’s national health authority said on Friday. Two of the new …
US goods exports to China rebound
Asian country’s market openings, tariff exclusions and early recovery from the pandemic, the US-China Business Council said on Wednesday. But US services exports to China, which include travel, …
Scientists Urge Investigation of Theory COVID-19 Escaped from a Lab In Wuhan
Did COVID-19 originate in a lab? This suggestion is not confined to conspiracy theories–at least not anymore. National Review’s Jim Geraghty has been documenting evidence for su …