According to a new report from the Financial Times, retail crypto shops in Hong Kong have become a popular destination for Chinese investors. These shops allow customers to easily purchase digital …
Tagged By business
McDonald’s China Owners Carlyle, Trustar Plan $4 Billion Exit
Carlyle Group Inc. and Trustar Capital are seeking to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald’s Corp.’s operations in Hong Kong and mainland China, …
IMAX Offers To Buy Share Shares It Doesn’t Own In IMAX China For $124 Million
IMAX Corp., the global entertainment technology company, proposed today to purchase the 29% ownership take it doesn’t already own in IMAX China, a Hong Kong-listed subsidiary that oversees its …
China’s Economy Is Struggling. That’s Not Stopping the Wealthy from Spending.
China’s renewed interest in luxury goods could be good news for premium brands such as Chanel and Louis Vuitton heading into second-quarter earnings season. Already a subscriber? Sign In …
China Online Apparel Supplier’s Shares Double In Debut, Minting New Billionaire
Shares in China apparel supplier Sailvan Times doubled on the first day of trading at the Shenzhen Stock Exchange today, adding a new billionaire to the country’s ranks. Chairman Chen Wenping’s …
Communist Party cells influencing U.S. companies’ China operations, FBI Director Wray says
The Chinese government has “exploited” joint business ventures in search companies’ secrets and information, Wray told the House Judiciary Committee.
Mexico replaced China as America’s top trade buddy — and it shows how the global economy is rapidly transforming
Trade between the US and Mexico reached $263 billion during the 4 months of 2023 — passing the value of goods flowing between America and China.
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The Blockchain Association requested SEC inspector general Deborah Jeffrey look into the approval of Prometheum’s SPBD license and any “personal connections” with the commission.
China welcomes global companies, including US ones, to deepen presence in nation’s market: Chinese vice president
The US has no intention to “decouple” from the Chinese economy, and a “decoupling” of the world’s two largest economies would be disastrous for both countries and would destabilize the world, US …
China brands Microsoft hacking report ‘disinformation’
Microsoft claimed in a blog post that a China-based hacking group has breached email accounts linked to government agencies in Western Europe.
China’s Huawei poised to overcome US ban with return of 5G phones, research firms say
China’s Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a U.S. ban on equipment sales decimated …
Key to Demystifying the Chinese Film Business: Understand the Rules
An entertainment attorney explains tips and tricks for working with China on distributing and producing Western films.
China needs to ‘proactively defend’ against spies, state security minister says
Chen Yixin calls for big data, blockchain and AI to be used to tackle threats His remarks come soon after expanded anti-espionage law came into force China must “proactively defend” against spies to …
