Huawei’s boss asserts that China’s chip production is making progress. Xi Jinping wants to exploit all opportunities for market access.
Tagged By business
China trade envoy raises “serious concerns” with US Treasury Secretary in first call
The talks came shortly after Trump imposed additional tariffs on imports from China over its alleged role in the deadly fentanyl trade, which Beijing has pushed back against. “Secretary Bessent …
AstraZeneca Secures China Rights to Anemia Drug, Buying FibroGen Unit in $160M Deal
By selling its China business to AstraZeneca, FibroGen can focus on developing a prostate cancer drug and potentially resuming development of roxadustat in another indication.
Treasury’s Bessent, China’s He trade economic complaints in call
U.S. Treasury Secretary Scott Bessent traded policy complaints with Chinese Vice Premier He Lifeng on Friday, telling Beijing to do more to curb fentanyl trafficking and rebalance its economy, while …
US, China economic leaders raise ‘serious concerns’ in first call
US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world’s two …
Trump’s China tariffs will hit small device makers hardest
Matt Ronge, the cofounder and CEO of AstroPad, is also contemplating price hikes. AstroPad makes a range of gadgets for creative workers, including a wireless dongle that turns spare iPads or Macs …
China airs serious concern over new U.S. tariff in video call
Chinese Vice Premier He Lifeng on Friday expressed Beijing’s serious concern over U.S. trade restrictions, including a new 10 percent tariff on Chinese imports, during a video call with U.S. Treasury …
Mixue aims to raise US$444 million in Hong Kong IPO as its juices, iced drinks take off
Fresh drink maker’s profit surged 45.2 per cent in the first nine months of 2024, as it served up around 7.1 billion drinks.
China regulatory easing hopes brighten outlook for offshore equity fundraising
Chinese video streaming platform iQIYI on Thursday raised $350 million in an upsized five-year convertible bond, a day after Hong Kong-listed auto chip maker Black Sesame raised $160 million via …
Chinese Brands, Investors See Great Value in London Fashion Week
“Showing in London allows us to engage with a global audience while staying connected to our roots in China. It’s the best place to grow our international presence while keeping our design vision …
Analysis-China regulatory easing hopes brighten outlook for offshore equity fundraising
By Kane Wu and Scott Murdoch HONG KONG/SYDNEY (Reuters) -Chinese companies, mainly those in the tech sector, are accelerating plans to raise funds offshore, tapping into a rebound in investor …
Chinese Firm Halts Lithium Tech Exports as Global Supply Chain Shifts Accelerate
A Chinese company has halted exports of filtration equipment used in lithium extraction, reflecting the impact of Beijing’s proposed restrictions on battery and lithium technology exports. Jiangsu …
Bubble-Tea Giant Mixue Seeks $444 Million in Hong Kong IPO
Mixue Group, which operates China’s largest bubble-tea chain, is planning to raise HK$3.45 billion ($444 million) in an initial public offering in Hong Kong.