China’s factory activity likely grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed … (…
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Tim Hortons marks two years in China with Tencent investment
Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from Tencent, its digital … ( read…
China Focus: Hard seltzer, protein powder and local dairy regulations feature in our round-up
Hard seltzer, protein powder and local dairy regulations feature in this edition of China Focus. LINGYA (零呀), the company which produced China’s first locally made hard seltzer has rebranded to ZEYA, … ( read original…
Visa, World Economic Forum Crypto Heads on Central Bank Digital Currencies
Cuy Sheffield, Head of Crypto, Visa and Sheila Warren, Head of Data, Blockchain, and Digital Assets at World Economic Forum speak with Bloomberg’s Vildana Hajric at the Bloomberg Crypto Summit about … ( read original…
Rapid returns for shareholders as Pandion agrees to $1.85B Merck buyout
Merck & Co. Inc. is paying $1.85 billion, or $60 per share, to acquire Pandion Therapeutics Inc. on the back of early stage data in human volunteers for its lead program, PT-101, an engineered ……
US-China relations: companies in south China have no appetite for decoupling, but expect tensions to grow, says AmCham
Small and medium-sized companies in south China are slightly more positive about US-China ties in 2021 than previous years, but most think bilateral frictions will expand. ( read original story …)
How global tech executives view U.S.-China tech competition
The global technology industry is hedging its bets. As the United States and China compete for technological supremacy in advanced semiconductor design and manufacturing, software, and other core … ( read original story …)
Brands Walk A Marketing Tightrope Over Political Chasms
How do you win when marketing in the face of contentious political issues? It may not be possible. To understand the strangeness, and often void, of corporate political marketing, look at Nike and … (…
Fanatics scores China deal, IPO may be next play
Fanatics Inc, the world’s biggest licensed sports merchandise retailer, said on Thursday it was expanding into China via a venture with private equity firm Hillhouse Capital Group, as the e-commerce … ( read original story…
Chinese Company IPOs on US Exchanges Hit 10-Year High in 2020
The number of Chinese companies selling stock shares on American exchanges hit a 10-year high in 2020, despite the rising U.S.-China tensions and the threat by Washington to delist companies that do … ( read…
SOS Kicks off Constructions of Cloud Crypto Mining Center in Hejiang County, Luzhou, Sichuan
SOS Limited (NYSE: SOS) (the “Company” or “SOS”) announced today that it entered into a definitive agreement with Leibodong Hydropower Station (“Leibodong”) in Hejiang County, Luzhou, Sichuan. ( read original story …)
China International Import Expo welcomes more consumer goods companies
For foreign consumer goods companies eyeing the Chinese market, the best way to do so is to sign up for the Consumer Goods Exhibition Area of the CIIE. The expo provides a golden opportunity for…
Valeo, Faurecia outperform China market in 2020
Two major French suppliers, Valeo and Faurecia, said their China sales outpaced the country’s light-vehicle production by big margins in 2020. While China’s auto output shrank 7 percent last year, … ( read original story…
