WASHINGTON (Reuters) – The United States and China launch a second round of trade talks on Thursday to try to avert a damaging tariff war, with the Trump administration demanding a $200 billion cut in…
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China vows to defend its own interests in US trade talks
China has counterpunched by targeting $50 billion in U.S. products. ZTE’s seven-year U.S. business ban, ordered last month, led the company to say it was ceasing operations because it cannot get the parts it needs…
Beijing says no oil, gas activities in the South China Sea waters without its permission
BEIJING (Reuters) – China’s Foreign Ministry said on Thursday that no country, organization, company or individual can carry out oil and gas exploration or exploitation in Chinese waters without permission from Beijing. Ministry spokesman Lu…
Magic Circle Duo Land Roles on $10B IPO by Chinese State-Owned Enterprise
The last time Hong Kong saw two IPOs worth $10 billion or more in the same year was in 2010, according to the South China Morning Post, when state-owned Agricultural Bank of China raised $22…
Chinese game live streaming IPO shows speed of development in the industry
In the company’s IPO prospectus report, Huya stated that it is currently the largest game live streaming platform in China, having reached 86.7 million average monthly active users (MAU) in the fourth quarter of 2017.…
Chinese co-working space provider Ucommune considering Hong Kong IPO over longer term
Mao Daqing, founder and CEO of China’s most valuable co-working space start-up Ucommune, said he would consider an IPO for the firm in two or three years, with Hong Kong being a strong possibility after…
Starbucks to open new China store every 15 hours until 2022
including health insurance for the parents of employees in a country where children often care for aging family members. “We have built a business here in China over 20 years,” Johnson said. “We have built…
‘Thank the Party!’: China tries to brainwash Muslims in camps
Day after day, Omir Bekali and other detainees in far western China’s new indoctrination camps had to disavow their Islamic beliefs, criticize themselves and their loved ones and give thanks to the ruling Communist Party.…
China does not want to see escalation in Sino-U.S. trade tension
China hopes the U.S. will take action as soon as possible on … U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled it,…
Peter Navarro and Steven Mnuchin feuded at Beijing trade talks
Washington (CNN)A long-standing rift between Treasury Secretary Steven Mnuchin and the President’s nationalist trade adviser Peter Navarro hit new levels on the sidelines of trade talks in Beijing earlier this month. Navarro fought with Mnuchin…
Peter Navarro, Steven Mnuchin feuded at Beijing trade talks
A long-standing rift between Treasury Secretary Steven Mnuchin and the President’s nationalist trade adviser Peter Navarro hit new levels on the sidelines of trade talks in Beijing earlier this month. Navarro fought with Mnuchin during…
On Trade, the U.S. and China Consider the Unthinkable: Breaking Up
For example, Mr. Trump’s proposed tariffs will not touch the consumer electronics industry, in an acknowledgment that the business of making iPhones and Xboxes will stay in China for the foreseeable future. Foxconn, a Taiwanese…
The Contours Of A China-U.S. Agreement
Recent events have shed some light on a likely China-U.S. agreement fairly soon. Key to such was Trump’s order for ZTE’s sanctions to be lightened so that it can remain in business. In return, he…
