Fears about a significant slowdown in China’s economy and concerns about the credibility of the country’s policy regime led to a sharp sell-off in emerging market assets. The MSCI Emerging Market Index, the leading equity…
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Alibaba goes offline with $2.9-billion stake in China’s top grocer
Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4-billion ($2.87-billion U.S.) for a major stake in China’s top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into…
Philippines’ Duterte offers China 3rd telecom carrier slot
MANILA, Philippines — Philippine President Rodrigo Duterte has offered to China an opportunity to operate a new, third telecommunications carrier in the country, his spokesman said Monday. The move is aimed at breaking a telecoms…
China’s deep ties to Zimbabwe could grow after Mugabe era
HONG KONG — Under Robert Mugabe’s decades-long rule over Zimbabwe, China grew into one of the African nation’s biggest investors, trading partners and diplomatic allies. Now, as Zimbabwe appears on the verge of its first…
Sogou’s IPO ups ante in competition with rival Baidu
The IPO proceeds will be used for research and development as well … both domestically and globally,” Xiang Yang, an industry analyst at Beijing-based CCID Consulting, told the Global Times on Thursday. However, Xiang is…
Sogou IPO Prices High As China Search-Engine Firm Starts Trading
[ibd-display-video id=2549896 width=50 float=left autostart=true]Beijing-based Sogou priced 45 million American depositary shares at 13 late Wednesday, having set an estimated price range of 11 to 13. Sogou will list on the New York Stock Exchange…
China just revealed its plans for pulling ahead in the space race — and they include building a nuclear-powered shuttle
China has big plans in store for 2045. Reuters/Bobby Yip China has unveiled goals it hopes to achieve by 2045 that include a nuclear-powered space shuttle. They also include a reusable space plane and vehicles…
In China, an Education in Dating
China worries about its lonely hearts … Ye Chaoqun, a 27-year-old small business owner who is hoping to make the woman he likes fall in love with him; and James Zhang, a 30-year-old cancer doctor…
Consumer confidence grows in domestic formula brands
China Feihe has also seen total revenue growth of more than 45 percent in the same period, according to the company. Its total sales reached 6.8 million yuan ($980 million) in 2016. The brand’s market…
China-Based LexinFintech Files For $500 Million U.S. IPO
LexinFintech has filed its initial registration statement for a $500 million IPO. The firm operates two online consumer credit services and is growing revenues rapidly, reaching the $600 million mark in September 2017. We don’t…
High School Teams Head to China, Mixing Basketball and Business
R. J. Barrett is only 17 years old, but he is already a world traveler. Raised in suburban Toronto, he plays basketball for a high school in Montverde, Fla. Last summer, he led Canada to…
No ‘golf diplomacy’ allowed: How one rule shaped Trump’s visit to China
told Business Insider. It’s possible that Beijing’s approach to golf could have in fact harmed their international relations. “Golf is popular throughout many parts of Asia and President Trump’s affection for the game suggests that…
China appears to have crossed Trump on North Korea
Donald Trump on Wednesday said China backed him on North Korea. But the next day China contradicted him. Even South Korea has expressed doubts about Trump’s goal in dealing with North Korea. After a 12-day…
