In July, Reuters reported global makers were urging China to delay and soften planned quotas for NEVs, which they said would be impossible to meet and would hit their business. Barra added the firm would…
Tagged By beijing
Tillerson presses China to apply oil leverage on North Korea
“That is a very powerful tool and it has been used in the past,” Tillerson said at a news conference. “We hope China will not reject that.” He spoke after talks with Britain and France…
Is Russia Pushing Saudi Arabia Out Of Asia?
The deal was no surprise as it came on the heels of a Rosneft announcement regarding the sealing of a strategic partnership deal with CEFC, but it is clearly indicative of a continuing warming between…
China Inc. Gets Private Equity Religion
HNA bought Pactera Technology International Ltd., a Beijing-based information-technology outsourcing services provider, from Blackstone Group in October last year and appointed Goldman Sachs Group Inc. to underwrite an IPO, though Goldman halted work … (…
China’s retail sales up 10.1 pct in August
The Chinese economy enjoyed better-than-expected growth in the first two quarters of the year thanks to debt-fuelled investment in infrastructure and real estate, although warnings of a potential financial crisis have spurred Beijing to clamp…
Asian Market Update – Friday: Coins point higher after turmoil on Thursday following platform closure in China
The IPO of Matrimony.com of up to $78 million was reportedly subscribed … He has been working and traveling in Asia for several years, and is currently based out of Beijing, China. He mainly follows…
On the Front Line of China’s Chat Sticker Industry
In 2015, Line’s stickers accounted for US$268 million in revenue, according to the company’s 2016 IPO filing. Line Friends has since … A telling example is Block 12 Culture, a Beijing-based intellectual property incubator specializing…
Five Things You Need to Know to Start Your Day
Sign up here Decision day at the Bank of England, the world’s biggest IPO may be delayed, and Trump seeks another … More from Bloomberg.com: Trump Blocks China-Backed Lattice Bid as Beijing Urges Fairness At…
Evening Update newsletter: Foreign buyers retreat from Ontario market; opioid poisoning hospitalizations soared in last decade
Canadian retailer Roots files for IPO Roots Corp. said on Wednesday that it filed for … along the lines of Germany’s reunification 27 years ago. Beijing already has highly productive political and economic relations with…
World’s oldest panda dies aged 37 in China
The world’s oldest captive giant panda has died at age 37 — more than 100 years in human years — her handlers in China said on Thursday as they gave “Basi” an emotional send-off befitting…
China orders bitcoin exchanges to shut down, report says
Regulators in Shanghai, the country’s financial center, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. They gave no other details. The central…
9 killed, 9 trapped in China mine, tunnel accidents
At least nine people have been killed and nine others trapped in mining and tunnel building accidents in China, state media reported Thursday … the official Xinhua News Agency reported. Eight others were rescued and…
China sent a ship to the Arctic for science. Then state media announced a new trade route.
China’s state news agency Xinhua reported last week that a Chinese ship had conducted a successful test of a trading route along the long-fabled Arctic Northwest Passage. This was a major milestone, according to the…
