Its mega IPO is also to be Hong Kong’s first dual-class share listing. Xiaomi’s move also creates uncertainties for Beijing’s initiative to lure tech giants like Baidu, Alibaba and Tencent back home. The China Securities…
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North Korea freight plane used during Kim-Trump summit lands in Beijing: Kyodo
The plane that landed in Beijing was used during the historic summit between Kim and U.S. President Donald Trump in Singapore last week, Kyodo reported. Japan’s Nikkei reported earlier on Tuesday that Kim could visit…
China’s Live Streaming Industry Is Booming — Here’s How It Works
Perhaps the biggest group to adopt the practice is the beauty industry. A study by consumer research group L2 showed that two-thirds of beauty brands in China held live streaming events on Tmall, and many…
Cosmeceuticals on the rise in China: What should brands do?
As the cosmeceuticals sector is carving out a unique name for itself and strong reputation with shoppers, we look at the attitudes impacting these trends and challenges that brands should strive to overcome to boost…
Trump determined to hit China as tit-for-tat tariff war erupts
China has underestimated President Donald Trump’s resolve to press ahead with tariffs unless Beijing changes its “predatory” trade practices, a top U.S. trade adviser said on Tuesday, in comments that undercut the chances of a…
Soybeans are tumbling as Trump ratchets up trade fight with Beijing
Soybeans were down more than 2% Tuesday. China promised to retaliate if the Trump administration imposed additional tariffs on the country. Follow soybeans in real time here. Soybeans tumbled Tuesday after President Donald Trump threatened…
China blasts new U.S. tariff threat, warns it will retaliate
BEIJING — China on Tuesday threatened “comprehensive measures” in response to U.S. President Donald Trump’s new tariff hike, raising the possibility Beijing might target operations of American companies. Trump’s announcement fueled fears that economic ……
China accuses U.S. of ‘blackmailing’ as Trump targets $200B in tariffs
It was retaliation, he said, for China’s decision to raise tariffs on $50 billion in U.S. goods, which came after Trump announced similar tariffs on Chinese goods on Friday. “After the legal process is complete,…
Exclusive: China’s Xiaomi cuts valuation after pulling mainland offering: sources
The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back…
China slams U.S. ‘blackmailing’ as Trump issues new trade threat
“The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the U.S., but of the world.” U.S. business groups said…
North Korea’s Kim visits Beijing, as South Korea, U.S. halt military drill
North Korean leader Kim Jong-un arrived in Beijing on Tuesday, where he will likely brief Chinese President Xi Jinping on his summit with U.S. President Donald Trump last week, as Washington and Seoul agreed to…
Trump threatens China with new tariffs on $200B in goods
The news sent global stock markets lower and pulled down both the dollar and the Chinese yuan in the offshore market. China’s commerce ministry said Beijing will fight back firmly with “qualitative” and “quantitative” measures…
China’s Xiaomi pulls mainland CDR offering until after HK IPO
SHANGHAI/HONG KONG (Reuters) – Chinese smartphone marker Xiaomi will postpone its application for a mainland share offering until after it completes a separate listing in Hong Kong, the firm said on Tuesday, casting a pall…
