The sports world loves a comeback story, and Li Ning — both the former gymnast and his apparel business — are seeking a return to glory. Li, 56, is back in the spotlight as his…
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This Unicorn Was Rejected by Every VC. Now It’s Eyeing an IPO to Raise $1 Billion
Now the firm, with 220 employees, and offices in San Francisco, Berlin, Beijing, and Tokyo … about 16% of companies were profitable at their IPO—the lowest figure since the dotcom bubble … ( read original…
China-led oil project tanks
And it helps explain why China’s spending in the sector has slowed to a trickle … Indeed, PROP might be considered a core business if not for the higher profits the company expects to realize…
China to probe FedEx after Huawei says parcels diverted
BEIJING (Reuters) – China will investigate whether FedEx Corp damaged the … Washington last month put Huawei on a blacklist that effectively blocks U.S. firms from doing business with the … ( read original story…
U.S. IPO Weekly Recap: Summer IPO Calendar Starts To Fill Up
Proficient Alpha Acquisition raised $100 million as the SPAC begins looking for a financial services business in China. A number of companies joined the IPO calendar, most notably fast-growing … ( read original story …)
Huawei retaliation? China draws up list of ‘unreliables’
In an ominous but vague warning, China said Friday that it was drawing up a list of “unreliable” companies, organizations and individuals for targeting in what could signal retaliation for U.S. … ( read original…
Tim Hortons, Canada Goose and other Canadian brands winning over Chinese consumers despite Huawei spat
The Canada China Business Council said almost 20 per cent of its members … Individual Chinese citizens still seem to like the maple leaf, and Canada, as a brand, continues to draw a crowd. Take…
Canadian brands winning over Chinese consumers despite Canada-China spat
Huawei executive Meng Wanzhou was detained at Vancouver International Airport in December. (Ben Nelms/CBC) The Canada China Business Council said almost 20 per cent of its members have faced some kind … ( read original…
U.S., China firms scramble as new tariffs hurt business
SHANGHAI/LOS ANGELES (Reuters) – Shanghai wine importer Alex Chen has spent the last 10 days moving all his American wines – from chardonnays to zinfandels – out of warehouses in the city’s free … (…
Canada, U.K. worry about citizens as Hong Kong offers China new extradition powers
China, however, does not tend to take kindly … bill to assuage what the newspaper described as “a nervous business community.” Some 130,000 residents of Hong Kong had taken to the streets … ( read…
Reconsider China investments, Tibetan official urges
“Generally, we are not against any country engaging in diplomatic or business relationships with China,” said Sangay, now in his eighth year in his position. “We always said China should be brought in … (…
Ex-China central bank chief says no major trade breakthrough seen at China-U.S. meeting
Dai, who headed the People’s Bank of China (PBOC) from 1995-2002, said the current yuan depreciation was a short-term market reaction to the U.S.-China trade war. China is able to keep its stock … (…
Ben Sherman, Bruno Magli’s Parent Company Expands Presence in China With Licensing Deal
The Chinese market continues to offer opportunities in the fashion sector for U.S. and European brands. Marquee Brands LLC is expanding its licensing and retail opportunities in China with the signing … ( read original…
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