Marriott has reopened 91% of its hotels globally as business travel reemerges in China and worldwide occupancy, which tumbled to 11% in April, reached 34%. The company reported quarterly profits on … ( read original…
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UPDATE 1-European stocks flat as tech losses offset China data optimism
China tensions hit technology stocks, but a slowing decline in China’s producer prices and rising oil prices limited losses. ( read original story …)
Azar Visit to Taiwan Is Fresh Thorn in Prickly US-China Ties
The visit by U.S. Health and Human Services Secretary Alex Azar to Taiwan comes against the backdrop of tensions between Washington and the island’s rival China over issues from the South China Sea to ……
Apple suppliers’ shares plunge in Hong Kong, China as Trump’s WeChat ban is seen pummelling iPhone shipments
Apple suppliers in Hong Kong and China plummeted on Monday, after analysts predicted Donald Trump’s ban on WeChat could lead to a sharp drop in iPhone shipments, as the American technology giant may … (…
Chinese Tesla rival Xpeng Motors files for New York IPO
Xpeng’s push for a New York IPO comes amid escalating tensions between the U.S. and China that have threatened Chinese firms listing on Wall Street. ( read original story …)
China does remarkably well in improving business environment
Drivers of Reform and Opportunities for the Future,” released in late July, shows that China has achieved a remarkable improvement in its business environment in recent years. Measured by the World … ( read original…
China remains a ‘bright spark,’ says major real estate developer CapitaLand
There are “very encouraging signs” in CapitaLand’s residential business and retail operations in China, said Andrew Lim, the company’s group chief financial officer. ( read original story …)
KE Holdings Proposes Terms For $1.9 Billion U.S. IPO
KE Holdings has filed to raise $1.9 billion from the sale of ADSs in a U.S. IPO. The firm operates a large residential real estate transaction network in China. BEKE is growing impressively, has ……
More Than 10,000 New Blockchain Companies Established in China in 2020
LongHash said China’s blockchain companies have increased substantially and recorded an all-time high in 2020 despite Covid-19 … ( read original story …)
‘Keep Up The Effort, Learn From Failure, Adapt,’ Says Tech IPO Queen, Kathleen Smith
Renaissance Capital’s Kathleen Smith shares her path to become one of the most respected Wall Street voices on tech IPOs. ( read original story …)
U.S. Action Against TikTok And WeChat Symbolizes A Global Backlash Against China Inc.
Two recent executive orders signed by U.S. President Donald Trump provide a microcosm of this new reality. Both orders effectively ban American companies from dealing with TikTok, the video streaming … ( read original story…
US-China trade war: Why every Chinese phone maker should prepare for the worst
The term “untrusted” is extremely broad, but it should serve as a warning to all Chinese smartphone manufacturers to implement contingency measures right now. All of the rhetoric so far has been … ( read…
China’s Data Deluge Set to Show Recovery Accelerating: Eco Week
China continues to supply evidence that the nation first into the coronavirus crisis will be the first major economy to pull out of it, with data this week set to show an accelerating recovery. (…
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