China’s answer to online Q&A service Quora, Zhihu Inc., fell as much as 26% in its U.S. trading debut after its $522.5 million initial public offering at the bottom of a marketed range. ( read…
Tagged By business
White House watching China closely on forced labor after U.S. firms pressured
WASHINGTON (Reuters) – The White House on Friday criticized China for profiting from human rights abuses … human rights abuses in Xinjiang and in January Washington announced an import ban on all … ( read…
H&M and other Western brands gone from Apple Maps and other apps in China
Locations for H&M clothing stores in China were not showing up on Apple Maps searches in China on Friday, The Wall Street Journal reported, amid growing anger among Chinese consumers at the company’s … (…
The Agency at the Center of America’s Tech Fight With China
Blinken said this month in his first major address, in which he called the U.S. relationship with China “the biggest geopolitical test of the 21st century.” The Commerce Department is responsible for … ( read…
White House watching China closely on forced labor
The White House on Friday criticized China for profiting from human rights abuses and said it was watching the issue of forced labor closely. ( read original story …)
China slaps duties of up to 218% on Australian wine for 5 years
By Julia Horowitz, CNN Business China is slapping massive duties on wine from Australia for the next five years, a move that threatens to deprive the country’s winemakers of their … ( read original story…
As US-China Ties Fray, Indianans Seek to Keep Trade Flowing
Fifty states, fifty stories of trade relations with China. What distinguishes these stories from the national narrative, which is increasingly … ( read original story …)
I’ve been sanctioned by China – but that won’t stop me speaking out over Xinjiang
The evidence is clear: a genocide against the Uighurs is in progress. Britain must not put trade before human rights, says Helena Kennedy QC … ( read original story …)
Chinese study abroad facilitator Elite Education debuts on Wall Street with $6 million IPO
Chinese students undeterred by politics and anti-Asian bigotry? Students wait for a “listening session with local members of the Asian American and Pacific Islander communities” with U.S. President … ( read original story …)
WeWork SPAC IPO at $9 Billion, a Long Way from 2019’s $47 Billion
Nearly two years after failing to launch an initial public offering (IPO) as The We Company, office-space rental firm WeWork has agreed to a business combination with a blank-check company that places … ( read…
China boycotts are a warning to Western brands
By Julia Horowitz, CNN Business Companies including H&M, Nike, Adidas and Burberry have been caught in the middle of a political firestorm in China — spooking investors that keep close tabs … ( read original…
CONF: China steel mills exploring steel scrap imports
China’s easing of restrictions on steel scrap imports from January 1 this year has prompted many Chinese steel mills to begin exploring import channels or building up business relationships with … ( read original story…
Ride-hailing giant Didi leans towards NYSE for IPO, set to raise at least USD 10 bln
China’s top ride-hailing giant Didi Chuxing is considering New York over Hong Kong for its IPO, eyeing a valuation of at least USD 100 bln. Didi has also discussed the option of listing via a…
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