(Bloomberg) — For the first time since 2014, China’s new stocks could go either way on their trading debut. In the country’s volatile equity market, one thing’s been a certainty: initial public … ( read…
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White House expects progress on China trade deal at upcoming talks
The United States and China “expect to make more headway” in trade talks this week, White House economic adviser Larry Kudlow said on Tuesday as the top U.S. business lobbying group said differences … (…
Mainfreight boss: China ‘understands our value’
It’s exciting and invigorating to take part in the way trade is developing,” he says. There are 10 Mainfreight branches in China and the business there employs more than 400 people. Braid says … (…
Major canola exporter to China says finding new markets not easy
who’s CEO of the Winnipeg-based company that’s been doing business with China for more than 100 years. “While we are confident that we can eventually find other markets, it will not be a painless ……
China says 23 children sickened in suspected poisoning by teacher
Schoolchildren in China have been the target of often fatal attacks by people … The killer, who apparently was jealous of his rivals’ thriving business, was swiftly sentenced to death and executed. ( read original…
That curious Chinese regulation about IPO sponsors also owning stakes? It’s ‘temporary,’ says nation’s biggest investment bank
A new regulation that compels initial public offering (IPO) sponsors on China’s technology board to also take up stakes is merely a temporary requirement that is subject to amendment, said the country … ( read…
Apple, luxury brands drop China prices as VAT cuts take effect
BEIJING (Reuters) – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect from April 1. Price…
China is lulling the market into a false sense of security
“To sustain that next year they’re going to have to post in nominal terms a record flow of credit,” Autonomous Research’s Charlene Chu told Business Insider. China’s economy, however, is about to … ( read…
China drone maker EHang delays IPO plan: report
Chinese drone maker EHang has delayed plans for a US initial public offering (IPO) and is instead looking to raise up to US$200 million in a private fundraising, Reuters reports, citing two people … (…
China’s Sinopec ends five-year oil purchasing strategy after record fourth-quarter loss, sources say
China’s Sinopec Corp has ended a five-year crude oil purchasing strategy to rein in the speculative derivatives activity of its trading arm Unipec after a record trading loss late last year, four … ( read…
China’s ‘canola crackdown’ could wound an already troubled Canadian dollar
China’s “crackdown” on Canadian canola exports could sink an already troubled Canadian dollar, CIBC World Market says. This comes as the loonie’s outlook is already hampered, for a few reasons but … ( read original…
Apple, luxury brands drop China prices as VAT cuts come into effect
BEIJING (Reuters) – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect. Price tags for ……
Foreign brands cut prices in China as VAT rates go down
World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China’s value-added tax (VAT) cut to … ( read original…
