China’s Didi Chuxing Technology Co., one of the world’s largest ride-hailing companies, is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, according to people familiar with the…
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US ignored Beijing’s gains in intellectual property protection, Chinese watchdog says
Beijing has hit back at Washington over an investigation into China’s intellectual property practices, saying the United States failed to take China’s advances in IP protections into account. Shen Changyu, head of China’s revamped State…
Multibillion-dollar IPO for Chinese ride-hailing giant Didi could happen this year
The Beijing-based company has in recent weeks been in talks with … the people familiar said. It isn’t clear whether an IPO will happen this year, and Didi hasn’t decided on a listing venue, they…
US brands suffer collateral damage in Chinese corporate war
The executives spoke to the AP only on condition of anonymity for fear of reprisals, but their concerns were echoed by a U.S. industry group, brand consultants and policy makers in China and JD.com itself.…
WSJ: Chinese Uber Competitor Didi Chuxing Seeks $80 Billion IPO
Didi has accelerated talks on a potential IPO partly because its new rival China’s Meituan … Didi on Tuesday laid out plans at an event in Beijing for an alliance with 31 auto industry partners…
Beijing will continue to support Pakistan: Chinese vice president
Vice President of the People’s Republic of China Wang Qishan. Photo: AP BEIJING: Vice President of the People’s Republic of China Wang Qishan has reaffirmed China’s support to Pakistan’s independence, sovereignty and counter-terrorism efforts. (…
Fire at karaoke bar in China kills 18, arson suspect arrested
The bureau said the man had burns on his hips. It did not provide a motive for the arson, but state broadcaster China Central Television reported the suspect had set fire to a karaoke parlour…
China Criticizes US Intellectual Property Probe as ‘Unobjective’
Chinese copyright officials say the Section 301 probe conducted by the US Trade Representative is not objective as it hasn’t taken into account the most recent evidence of China’s intellectual property protections. Kristian Rouz –…
How ‘Made in China 2025’ became the real threat in a trade war
“And these are things that if China dominates the world, it’s bad for America.” A lengthy U.S. report on China’s intellectual property theft — which led to the most recent potential tariffs — mentioned the…
Worrying signs China is moving backward on reforms, warns U.S. official
“From the U.S. perspective, China’s WTO commitments reflect somewhat of a broken contract,” Tong told a packed audience of business professionals and media. “Perhaps most worrisome, actually, is the sense we have in the United…
In Beijing, Sushma Swaraj says protectionism in all forms should be rejected
Beijing: India on Tuesday said protectionism in all its forms should be rejected and reaffirmed its belief in an economic globalisation which is more open, inclusive and equitable, amid new trade barriers cropping up across…
China establishes 19 intellectual property protection centres
China has established 19 intellectual property protection centres and will continue to provide more efficient and low-cost rights protection channels, Shen Changyu, head of the State Intellectual Property Office, declared on Tuesday. Shen made the…
China’s Didi in talks for IPO as early as this year: WSJ
(Reuters) – Chinese ride-hailing company Didi Chuxing is in talks for a multi-billion-dollar initial public offering that could take place as early as this year, The Wall Street Journal reported on Tuesday, citing people familiar…