U.S. memory chipmaker Micron said on Friday it was committed to China and would invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging facility in the Chinese city of…
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Quality local beans, huge market potential boost Starbucks’ confidence in China business
“It contained a rich flavor of tropical fruit, just the right amount of fermentation and a faint aroma of wine…,” he elaborated on the latest Starbucks Reserve Yunnan Coffee product that will soon be available…
China Encourages Private Firms to Participate in Key Supply Chain Projects
China will speed up the process to allow private firms to access infrastructure of major national scientific research projects and will encourage private businesses to participate in key supply chain projects,
The crackdown on foreign firms will deter global business—and undermine China’s own interests
Professional-services advisers, including lawyers and due-diligence investigators, provide the information companies need to do deals and expand in China. If they cannot operate, their customers suffer, too. This adds up to a tax on global…
Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note.
First Mover Asia: Hong Kong as Crypto Hub? The City’s Strict Banking Requirements May Be an Obstacle
A Hong Kong-based entrepreneur says that while the digital assets regulation is “overall friendly,” banking regulations will make the industry’s growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.
China’s economic recovery is stalling. Here’s what to expect next
“Consumption is still a late cycle variable for China, one that comes down to business cycle changes,” Bank of America’s Qiao said. “In other words, consumers have to wait until they get better job security…
American Investment Banks Give Up Some China IPO Mandates
International investors have soured so much on Chinese IPOs that investment banks are backing out of potential listings and even small deals have become a tough sell.
New Study of China Tariff War’s Biggest Losers Shows ‘Surprising Results’
Data Suggests America’s Imports Are Falling While Container Rates Perk Up … “Chinese importers paid about two-thirds of China’s tariffs. Yet, U.S. importers shouldered 93 percent of price increases …
Spies from China breached hundreds of public, private networks, security firm says
In a blog post Thursday, Google-owned Mandiant expressed “high confidence” that the group exploiting a software vulnerability in Barracuda Networks’ Email Security Gateway was engaged in “espionage activity in support of the People’s Republic of…
China Needs More Tax Revenue, Risking Backlash From Middle Class
In the coming years, Xi Jinping will come under pressure to do something he’s never done before: oversee nationwide tax increases that could alienate China’s wealthy and its middle class.The Chinese leader has presided over…
Siemens expands China business
German industrial giant Siemens will invest 2 billion euros 218 billion US dollars worldwide in 2023 to build and expand its ma
Bipartisan Bills Look to Change Import Law Seen as Boon to E-Commerce Companies
Critics say the law gives an unfair advantage to e-commerce companies from other countries, including some where forced labor is an issue.
