China Tower Corporation, the world’s largest telecommunications tower group by revenue, has raised $6.9bn its initial public offering, the biggest amount garnered globally in a market debut since 2016 … ( read original story …)
Tagged By beijing
Ai Wei Wei’s Beijing Studio Destroyed By Chinese Authorities
Chinese authorities are razing the Beijing studio of dissident artist Ai Wei Wei. He said that demolition crews showed up without advance warning, and have begun the process of tearing down the studio … (…
China accuses U.S. of trade ‘blackmail’ after imposing $60B in tariffs on American goods
… its own bargaining power and underestimating China’s determination and ability to defend its national dignity and the interests of its people,” said a commentary in the official Xinhua news agency … ( read original…
China restrained in trade tariffs and won’t accept U.S. ‘blackmail’: state media
BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and accused the United States of blackmai… ( read original story …)
China Tower prices IPO at bottom of price range after weak retail interest, raising US$6.9 billion
China Tower has priced its initial public offering at the bottom of the indicative price range, raising HK$54.3 billion (US$6.9 billion) amid lukewarm retail investor interests, according to several p… ( read original story …)
Top monk accused of harassing nuns as #MeToo spreads to China
One of China’s highest-ranking Buddhist monks is facing a government investigation over accusations of sexual misconduct, in what is seen by some as an indication the #MeToo movement is gaining tracti… ( read original story…
Heineken, China Resources Beer seal $3.1 billion tie-up in premium brands push
HONG KONG/SHANGHAI (Reuters) – Heineken NV (HEIN.AS) is buying a $3.1 billion stake in the firm controlling China Resources Beer (0291.HK), China’s largest brewer, as the companies seek to tap a growi… ( read original…
China, ASEAN navies stage 1st emergency drills amid feud
“The two sides will further expand our defense exchange and security affairs cooperation in a joint effort to meet security challenges and uphold regional stability,” Wang told a news conference Thurs… ( read original story…
China July services new business growth weakest since December 2015: Caixin PMI
BEIJING (Reuters) – China’s services sector expanded at the weakest pace in four months in July, as there was the least growth in new business since December 2015, a private survey showed on Friday. F……
Heineken seals $3.1 billion tie-up with China Resources Beer, shares surge
“In Heineken we have found the perfect partner to achieve our ambitions in China and – as an international partner – to support us in growing our business outside China.” The companies are conducting ……
The US ‘must not let this bill become law’: Beijing blasts defense bill designed to counter China
Beijing expressed last minute dissatisfaction Thursday as the 2019 National Defense Authorization Act made it to the President Trump. The bill “shines a spotlight” on certain Chinese activities deemed … ( read original story …)
‘WTF!’ Google planning China search engine that will block results Beijing doesn’t like, insiders say
(Bloomberg) — Google is preparing a version of its search engine for China that blocks results Beijing considers sensitive, according to people familiar with the situation. The initiative is codenamed … ( read original story…
Google reportedly working on censor-friendly search engine for China
Google is crafting a search engine that would meet China’s draconian censorship rules, a company employee told AFP on Thursday. News of the development was decried by human rights activists. Google wi… ( read original…