Global brands eyeing the vast China market have to take note of how much the Middle Kingdom has changed over the decades – LVMH’s Andrew Wu lists the key trends and developments.
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Waterdrop IPO Bankrolls Online Insurance Push Amid Crackdowns
Waterdrop Inc., the Chinese insurance technology company poised to list in the U.S., said it will focus on expanding its online business, seeking to bolster its share of the highly competitive market …
China science, technology news summary — May 7
The following is a summary of published science and technology news of China. SATELLITE LAUNCH. China sent a remote-sensing satellite group into orbit f …
China iron ore imports dip in April on shipping disruptions
China’s iron ore imports fell 3.5% in April from a month earlier, official customs data showed on Friday, as shipments to the world’s top iron ore consumer from major suppliers were disrupted by …
China’s exports soar as US recovers and India stalls
China’s exports unexpectedly surged last month as America’s speedy recovery from the pandemic spurred demand. Stalled factory production in India, as the country struggles with a coronavirus crisis, …
China Focus: Global brands tap Chinese market via consumer products expo
As the COVID-19 pandemic continues to rage and the world economy drags on, the first China International Consumer Products Expo (CICPE) marks a major step by China to further open its market and …
Ant-Backed Snowball Finance Plans $300 Million U.S. IPO
The Beijing-based company, known as “xueqiu” in Chinese, is working with advisers on the proposed share sale, said the people, who asked not to be identified as the information isn’t public. Snowball …
Didi plans grocery unit IPO as early as 2022: report
Didi is gearing up its grocery delivery business as a new revenue source as growth in core ride-hailing business plateaus.
China propels BMW to strong profits, Germany lags
Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home market Germany trailed the ongoing recovery in global car …
Stock Markets Today: Vaccine Patents, Covid-19 Variants, China Tensions, Crypto
Eight years ago this month, global yields jumped and risky assets fell on a hint from then-Fed Chairman Ben Bernanke that the central bank might start trimming its bond purchase program, so investors …
China’s Waterdrop raises US$360 million in New York IPO -sources
Chinese online insurance technology firm Waterdrop Inc has raised US$360 million by pricing its shares at US$12 a piece in its New York initial …
Suning International Showcases New One-Stop Solution for Overseas Brands to Enter China at the China International Consumer Products Expo
Suning International, the international business arm of Suning Group, alongside its partners, presented at the inaugural China International Consumer Products Expo, held between May 7 and 10 in Haikou …
China’s Exports, Imports Surge on Strong Global Demand
Mitul Kotecha, senior emerging markets strategist at TD Securities, discusses the outlook for the Chinese economy and the yuan. China’s exports rose more than expected in April and imports climbed, …
