Swiss pharmaceutical company Novartis expects China to become its second largest market globally by 2024, the head of Novartis China has told Xinhua in a recent interview. “In the next five years, we …
Tagged By business
China’s auto exports surge, carmakers expand business globally
SGMW, a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, is based in Liuzhou, south China’s Guangxi Zhuang Autonomous Region. In 2017, with a total investment of 1 billion U …
China’s actions fundamentally at odds with goal of peace, stability: WH
The recent Chinese actions around House Speaker Nancy Pelosi’s visit to Taiwan are fundamentally at odds with the goal of peace and stability, the White House said …
Biden and China’s Xi Jinping poised to meet in-person in November: report
President Biden is likely to meet Chinese President Xi Jinping in person in November — the first such meeting since Biden took office, the Wall Street Journal reported Friday. Biden’s family has had …
Jack Dorsey Has a Provocative Idea to End China Covid Restrictions
Jack Dorsey, the billionaire founder of Twitter, isn’t afraid to speak his mind, to powerful people and governments.
American Companies Escape China Sanctions Over Pelosi Visit: U.S.-China Forum
“There have not been threats against U.S. companies,” National Committee on U.S.-China Relations President Steve Orlins said …
China crypto mogul seeks to sell Huobi stake at US$3b value: sources
Huobi Group founder Leon Li is in talks with a clutch of investors to sell his majority stake in the crypto-exchange at a valuation of as much as US$3 billion, in what could be the…
Crypto markets bounced and sentiment improved, but retail has yet to FOMO
The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.” …
China Lowers 2021-22 Soy Import Estimate
China’s ag ministry cut its estimate for 2021-22 (Oct.-Sept.) soybean imports to 91.0 MMT, down 2 MMT from the previous month’s forecast, as heavy hog industry losses reduced demand for soymeal.
Nancy Pelosi’s Visit To Taiwan, AMTD Digital’s IPO, Crypto And More: Forbes AI Newsletter – August 6th
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China’s third-biggest IPO doubles in trading debut
The Beijing-based company executed this year’s third-largest listing in the Asian country, where big offerings are flourishing despite a slump in traditional IPO venues.
Growth Prospects Top Today’s Angst Among American Companies: U.S.-China Business Forum
American companies “understand that if they want to be successful globally, they have to be successful here in China.” says Kenneth Jarrett, senior advisor at Albright Stonebridge Group …
China Tourism Group picks Hong Kong for US$2.5 billion IPO as the world’s largest duty-free retailer raises capital to expand
The world’s largest duty-free retailer aims to raise up to US$2.5 billion, making it the largest IPO in Hong Kong in 14 months The company will start its public offering from Monday to Thursday, to…
