Journal Corp, the publishing and technology company in which Warren Buffett’s longtime business partner Charlie Munger is chairman, said it has nearly doubled its stake in Chinese e-commerce giant …
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China’s New Rules Limiting Overseas IPOs Go Into Effect
In spite of the clampdown, the rules don’t completely prohibit overseas listings, Real Money’s Alex Frew McMillan says.
Private Equity Firm TPG Files with SEC for $9.5B IPO
In a SEC filing, TPG announced that it is planning to sell shares between $28 and $31 each in an initial public offering (IPO) that could raise $877 million.
China closes key port after Covid outbreak, increasing pressure on supply chain
CNBC’s Lori Ann LaRocco reports on the shuttering of the Chinese port of Ningbo due to a Covid outbreak and the impact it’s likely to have on the supply chain.
China Evergrande’s $300 billion cash crunch is deepened by demolition order
The decree from authorities on the southern Chinese island of Hainan has plunged the embattled property giant into a fresh publicity crisis.
Crypto Alert: China Offers Pilot Wallet App for Digital Yuan
In China’s new app, available via Apple and Google Android stores, users can create a wallet for digital yuan and spend them.
Nike and Adidas are Losing Momentum in China to These Native Footwear Brands
Chinese brands have lost share as a result of boycotts against Adidas, Nike and other Western brands that have refused to source cotton from China’s Xinjiang region, due to allegations of forced labor …
Everything You Need to Know About the China Criticisms Weighing on Tesla Stock
Tesla stock is falling after the news of Elon Musk’s decision to set up shop in a region of China known for human rights violations.
It Can Pay to Be Choosy When Investing in China
China looms larger than ever on the world stage and in investors … These products and services are usually sold through license agreements or subscriptions. Our investment management business …
Tesla’s Xinjiang Showroom Highlights Quandary Facing Companies in China
Tesla has opened a showroom in Xinjiang in China, even as the Biden administration has said China is engaging in genocide of religious minorities.
China to practice list-based management for all items requiring administrative approval, implement category-based management of corporate credit risks
A staff member helps a citizen use self-service tax service machine at the self-service area of the Xiongan New Area Administrative Service Center in Xiongan New Area, north China’s Hebei Province, …
China’s postal service sector sees stable growth over New Year holiday
China’s postal industry saw steady growth over the three-day New Year holiday, said the State Post Bureau on Tuesday. From Jan. 1 to 3, the number of parcels received by the country’s postal and …
Crypto expert says US government will have to ‘play along’ with Bitcoin
Bitwise Asset Management CIO Matt Hougan discusses the popularity of Bitcoin and its potential as a competitor the U.S. dollar.