The data, which gives global investors their first look at business conditions in China at the start of 2018, reinforced the view that the economy is beginning to gradually lose steam after growing by a…
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Hong Kong stocks fall for third day as US declines outweigh 18 months of expansion in China manufacturing
Hong Kong stocks fell for a third day on Wednesday, after an overnight rout in US equities – spurred by a jump in treasury yields – offset a gauge showing that China’s manufacturing industry had…
China publishes general PMI to better track economy
China’s statistics authority … A reading above 50 indicates expansion and below reflects contraction. Business activity in the two sectors was previously tracked by two separate indices published monthly, which the NBS said “lacks a…
On China visit, Britain’s May focused on post-Brexit future
May is accompanied by 50 British business leaders, including the chief executives of … “There are huge trade opportunities in China that we want to help British businesses take advantage of,” May said ahead of…
Chinese smartphone giant Xiaomi expected to launch Hong Kong IPO in September
Xiaomi, the Chinese smartphone maker, is said to be aiming for an initial public offering (IPO) in Hong Kong in September to raise funds as it embarks on a global expansion drive. The Beijing-based company…
China likely to retaliate against Donald Trump’s trade actions
Ross said during the release of AmCham’s business climate survey. The survey showed showed that three out of four US companies feel they are less welcome in China. Beijing’s regulatory barriers and unfair treatment of…
China will act if Trump hits out on trade, American business group warns
Chinese officials plan to take aim at U.S. companies if President Trump inflicts tariffs, a key American business lobby warned Tuesday, potentially veering both countries toward a trade war that could cripple global markets. The…
China is offering long-term visas to select foreigners to boost its economy
According to the visa requirements set out by the State Administration of Foreign Experts Affairs, foreigners who excel in the fields of science, technology, business or sport can apply for an extended work visa for…
U.S. businesses optimistic on China growth, bemoan unfair treatment
BEIJING (Reuters) – U.S. companies are more confident China will further open up to foreign investment in coming years, a top business lobby said on Tuesday, but it cautioned that an “astounding” three-quarters of its…
Investors readying for a surge in blockbuster China IPOs
Several Chinese tech unicorns are angling to go public in 2018, including smartphone maker Xiaomi. The NYSE, Nasdaq, HKSE and other global exchanges are competing for China public offerings. Last year 137 Chinese companies went…
Investors get ready for a surge in blockbuster China IPOs
Several mega-funded Chinese tech unicorns, including smart phone and electronics maker Xiaomi , are angling to go public later this year with huge, multibillion-dollar offerings, heightening investor interest in China’s booming technology sector. ( read…
Ford China chief in abrupt departure, a blow to recovery hopes
Jason’s decision was not related to the business strategy or performance of Ford China,” Fleet said, adding that Luo’s replacement would be the subject of a future announcement. The departure, effective immediately, is a blow…
SPC fruit brands heading to China
SPC is expanding its global footprint, launching for the first time into China with its Goulburn Valley and SPC fruit brands. Announced in partnership with China State Farm Agribusiness Shanghai (CSFA Shanghai) at a formal…
