Korean crypto firm pulls off the biggest raise in Asia this year, AI market in China is now worth $1.4T, and Huobi trademark court battle.
Tagged By business
Asian IPO Market Seen Brighter in 2024 but Elections Cast Shadows
China is set to be the world’s busiest IPO market in 2023 for the second year in a row, despite a 35% drop in the value of IPOs to $37.3 billion so far this year…
China wants to build ‘first-class’ investment banks – but isn’t telling the industry how
China’s leadership has called for the construction of ‘first-class’ investment institutions, but those in leading firms aren’t sure what meeting that goal will entail, or how to overcome the many …
Janet Yellen still striving to mend US-China relationship
U.S. Treasury Secretary Janet Yellen is choreographing a careful yet forward-moving approach towards managing the US-China relationship in the coming year. Her strategy, outlined during a recent event …
China’s carmakers need to design electric cars twice as fast as established companies if they want to survive the country’s cutthroat EV market
China’s EV market is mired in fierce competition between … But we are not the decider,” he said. Learn more about all things crypto with short, easy-to-read lesson cards. Click here for Fortune’s …
Federal agents seize $18M worth of illegal e-cigarettes from China
Federal agents recently seized about 1.4 million unauthorized e-cigarettes products from the Chinese manufacturer of popular brand Elf Bar, the Food and Drug Administration (FDA) and U.S. Customs …
China’s money supply had a dismal November, as private-sector struggles and housing woes suppressed investment
A key gauge of economic vigour could reflect ‘a weaker willingness among the private sector to invest, and a similarly depressed housing market’, and it’s not making Beijing’s stability plans any …
US officials block Elf Bar-maker from importing 1.4 million illegal e-cigarettes
U.S. agents recently seized more than 1.4 million illegal e-cigarettes from overseas manufacturers, including the Chinese company behind Elf Bar, a line of fruity disposable vapes that has become the …
David Cameron avoids China mention in business interests disclosure
Lord Cameron has confirmed that he resigned all paid roles upon his appointment as foreign secretary but made no reference of any links to China in his first disclosure of business interests since …
Why China’s Growing Challenge To Big Tech Is A Problem For The Pentagon
Once there were six. Some domestic manufacturers are investing heavily in new technology, but the evidence suggests they are losing the race to China. Chinese companies routinely beat their American …
Volkswagen is losing the electric car race to Tesla and China
For the first time since at least 2000, Volkswagen could lose its crown as the number one vehicle brand in China. And it all comes down to EVs.
China’s Coffee Market Outpaces U.S. for the First Time in 20 Years
China now has more cafes than the United States, with indigenous brands like Luckin Coffee leading the industry’s growth.
Is China understating its own export success?
But China’s current-account surplus is now modest: $312bn or 1.5% of GDP over the past year, according to the country’s State Administration of Foreign Exchange ( SAFE ). That is below the 3% …
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