It buys goods directly from overseas manufacturers and last year it imported … of dollars into developing markets including India and China in the hopes of generating future profits. ( read original story …)
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China’s JD.com to lay off 10 percent of senior executives this year: report
SHANGHAI (Reuters) – JD.com Inc, one of China’s largest e-commerce sites … qualified talent and to ensure quality growth of the business in the future,” the spokesperson said in a statement. ( read original story…
New round of U.S.-China trade talks to begin in Washington on Tuesday
WASHINGTON (Reuters) – A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later ……
China Plan to Integrate Hong Kong, Macau Skirts Tough Questions
China’s long-awaited plan to create a high-tech megalopolis on its southern coastline rivaling California’s Silicon Valley generated optimism among Hong Kong’s business community even as key details r… ( read original story …)
China auto sales fall in January for eighth month
An industry group, the China Association of Automobile Manufacturers, says purchases of sedans, SUVs and minivans fell 15 per cent from a year earlier to just over 2 million vehicles. Auto demand has … (…
Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing
The Beijing-based company recently provided an update on its financial results to the Hong Kong Stock Exchange (HKEx), which is reviewing Bitmain’s application for an initial public offering (IPO) fir… ( read original story …)
Chinese Tech Giants Seek Further IPO Rule Changes in Hong Kong
Barely a year after Hong Kong amended its market rules to attract initial public offerings, China’s technology giants are pushing for more. From allowing companies to hold super-voting rights to letti… ( read original story…
Week In Review: CStone’s Hong Kong IPO To Raise $304 Million At $1.5 Billion Valuation Next Week
China will reduce the Value Added Tax on 21 rare disease treatments to 3%, starting March 1. CStone Pharma, a Suzhou oncology company, plans to raise $304 million in its Hong Kong IPO at a…
China’s Tech Giants Seek More From Hong Kong Despite IPO Changes
Barely a year after Hong Kong amended its market rules to attract initial public offerings, China’s technology giants are pushing for more. From allowing companies to hold super-voting rights to letti… ( read original story…
Hollywood faces uncertainty in China as the film business slows
When the U.S. and China struck a landmark deal in 2012 to pry open the Asian country’s vast film market, Hollywood salivated. The hard-fought agreement was a boon to major studios, allowing huge retur… (…
Carmakers to Face More Pain as Sales in China Keep Sliding
Historic Slump The wholesale decline in January, to 2.02 million units, accelerated from a 15.8 percent slump in December, the China Association of Automobile Manufacturers said. For last year as a wh… ( read original…
Hollywood faces uncertainty in China as the film business evolves
When the U.S. and China struck a landmark deal in 2012 to pry open the Asian country’s vast film market, Hollywood salivated. The hard-fought agreement was a boon to major studios, allowing huge retur… (…
Chinese Kids Fan Profit at Bangkok School Criticized for IPO
Capacity is set to climb to 4,175, helped by investment funded by IPO proceeds. About 85 percent of students are Thai, with the rest from countries led by Singapore and China. The English-language cur… (…
