SHANGHAI (Reuters) – China has approved the Shanghai listing of an internet and industrial-focused subsidiary of Taiwan’s Foxconn, which the world’s largest contract electronics manufacturer hopes will help fund new projects. Foxconnn, whose clients ……
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Exclusive: China Resources Beer in talks to acquire Heineken’s China business – sources
HONG KONG (Reuters) – China Resources Beer (Holdings) Co Ltd is in talks to acquire Heineken NV’s China business in a deal that could be worth more than $1 billion, as the country’s largest brewer…
China enlists Foxconn unit IPO in unification campaign
BEIJING/SHANGHAI — The fast-tracked approval process for the … Foxconn Industrial is seen raising 27.3 billion yuan ($4.3 billion) through the IPO. The purpose of the listing is “to expand our presence in the China…
Trade wars ‘harm the initiator’: China’s foreign minister just fired a warning shot at the US over Trump’s tariffs
China’s foreign minister Wang Yi said on Thursday that history shows trade wars harm the initiator as well as the target. Speaking at China’s annual legislative meeting, Wang said that if a trade war were…
China’s February exports surge, trade surplus widens
BEIJING — China’s exports surged in February while its politically sensitive trade surplus widened amid mounting tension with Washington. Exports rose 44.5 per cent over a year earlier to $171.6 billion, accelerating from January’s 11.1…
“Death by China” economist ascendant as Trump pushes tariffs, hits China
WASHINGTON (Reuters) – An economist who believes that Chinese goods are literally poisoning Americans, advocates ending Washington’s “One China” policy and says trade deals have weakened the United States economically with the connivance of U.S.…
China is ‘weaponizing capital’ — and it’s keeping the head of the US Navy awake at night
China has pursued numerous commercial and infrastructure deals around the world in recent years. Critics see this as a Chinese effort to extent its influence abroad. These financial maneuvers are a source of concern for…
China flexes its patent muscle
A Chinese company is the leader in patent applications in Europe. And for the first time, China has received more patent filings than the USA, EU, Japan and South Korea combined. What does this all…
Trump to push ahead with tariffs, piles pressure on China over trade
U.S. President Donald Trump looked set on Wednesday to authorize steep tariffs on imported steel and aluminum this week as he stepped up pressure against China to develop a plan to reduce its trade imbalance…
China to approve Foxconn Industrial IPO in Shanghai
SHANGHAI/BEIJING — China’s securities regulator is poised to allow the core subsidiary of Taiwan’s Hon Hai Precision Industry to list in Shanghai, and the watchdog’s quick decision-making has stirred speculation about political motives. The China…
Repercussions of Foxconn’s IPO application to A-share market
Is it make or break for the Initial Public Offering (IPO) application by Foxconn Industrial Internet in China’s A-share market? The answer will be known on March 8. If the greenlight is given, it will…
China says financial risks ‘under control’
China’s finance minister has said Beijing is fully confident of its capacity to avoid systemic debt risks. The remark came as international organizations including the IMF kept warning of the country’s ballooning debt. On the…
How ‘leftover’ women in China are changing its culture
Roseann Lake, author of ‘Leftover in China’, discusses how women who aren’t married by 25 are reshaping China’s traditional culture. Following is a transcript of the video. Roseann Lake: Leftover women in China are a…