The exact nature of the allegations against Lai remain unknown, but sources with knowledge of the matter said the investigation had slowed down operations at China’s largest asset management firm and … ( read original…
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Cornerstones take 16 percent of China Tower’s $8.7 billion HK IPO: sources
The Beijing-based mobile phone infrastructure firm has set an indicative price range of HK$1.26 to HK$1.58 ($0.16-$0.20) per share for the initial public offering (IPO), valuing itself at between $28 … ( read original story…
China Tower sets price range, gets cornerstones for $8.7 billion HK IPO: Sources
The Beijing-based mobile phone infrastructure firm has set an indicative price range of HK$1.26 to HK$1.58 ($0.16-$0.20) per share for the initial public offering (IPO), valuing itself at between $28 … ( read original story…
As its film business grows up, China faces an ‘Ishtar’ moment with its most expensive movie
It was supposed to be China’s “Lord of the Rings.” Instead, it turned into another “Ishtar,” the infamous box office bomb of 1987. Produced for more than $100 million, the fantasy epic “Asura” was bil……
China Tower Is Said to Draw Hillhouse, Alibaba to Hong Kong IPO
China Tower Corp., the state-owned wireless infrastructure operator, has attracted Hillhouse Capital and a unit of Alibaba Group Holding Ltd. as investors in its planned Hong Kong initial public offer… ( read original story …)
Trump’s raise-the-stakes strategy raises anxiety of an open-ended trade war with China
… that China plays unfair and that unilateral measures are likely needed to get China to play fairer,” said Scott Kennedy, director of the project on Chinese business and economy at the Center for S……
Congress to leave Trump’s deal with China’s ZTE untouched
They had to cave on #ZTE in order to get it,” Rubio said Friday on Twitter. “So chances that a #China controlled telecomm will not just stay in business, but do so here inside the…
Trump Blasts Fed, China and Europe for Putting U.S. Economy at a Disadvantage
WASHINGTON — President Trump accused China and the European Union on Friday of manipulating their currencies to gain a leg up in global trade and escalated his criticism of the Federal Reserve for rai… (…
Trump heightens tariff threat in trade war with China
With trade tensions rising, so is the pushback from American business that fear potentially devastating consequences, not only from China but also from Europe, Canada and other countries in Asia. Trum… ( read original story…
Why Pet Brands need to prioritise the Chinese Market
With China’s huge online population of over 900 million users and 250 million e-shoppers an online sales infrastructure is everything when entering the market. It’s an advantage for brands to conquer … ( read original…
‘Hi, I’m a soybean’: In trade war, China deploys cartoon legume to reach U.S. farmers
BEIJING (Reuters) – In the tense trade war with the United States, China’s government has turned to an unlikely weapon: a cartoon bean. “Hi, everybody. I am a soybean. I may not look like much,…
China’s stock, yuan rebound drives Asian markets higher
TOKYO (Reuters) – Asian shares pushed higher on Friday, clawing back earlier losses in volatile trade as China’s stocks recovered sharply and the yuan bounced from a one-year low with market participa… ( read original…
FBI director calls China ‘the broadest, most significant’ threat to the US and says its espionage is active in all 50 states
FBI Director Christopher Wray has described China as “the broadest, most challenging, most significant threat we face as a country.” Wray’s comments come after a week of controversy surrounding Presid… ( read original story …)
