HONG KONG, Nov 23 (Reuters) – Chinese artificial intelligence (AI) start-up SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a U.S. research and development centre as early…
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China tells Australia to mind its own business on South Sea dispute
China has described the foreign policy white paper comments on the disputed South China Sea as “irresponsible” and called on Australia to butt out of the dispute. China’s official response to the white paper focused…
First LNG shipment leaves B.C. for China as industry looks to expand exports
SURREY, B.C. — FortisBC says it has shipped 950 gigajoules of liquefied natural gas from Vancouver to China, marking the industry’s first shipment to the Asian country. The move is part of a pilot project…
Skype removed from China Apple and Android app stores
These are external links and will open in a new window Image caption The Skype app has been removed on app stores in China Skype’s call and messaging service has been removed from app stores…
Nation Brands 2017: China Rapidly Closing the Gap on U.S.
China is home to 50 of the world’s 500 most valuable brands, according to a recent report. In 2008, the nation had only eight companies on this list of global 500. With an increase of…
China clamps down on online micro lending; U.S.-listed shares plunge
China took steps to rein in the rapidly growing and lightly regulated market for online micro-lenders in the government’s latest crackdown on internet finance, sending shares of U.S.-listed Chinese financial firms into a tailspin. A…
China counters EBMA anti-dumping evidence with own investigation, Bafang wades in
Quoting the document submitted to the EU by EBMA, China counters a claim that electric bikes are a European invention and one therefore the business is entitled to defend. The EBMA’s stance, says the opening…
China criticizes unilateral action after NK sanctions
China is North Korea’s main source of trade … the companies accused of trading with North Korea will be barred from holding U.S. assets or doing business in the United States. That followed President Donald…
Beijing throws cold water on China’s fintech IPO wave
China has halted all approvals for new online lending companies, sending a chill through the country’s fast-growing fintech sector, which has produced some of the biggest and most well subscribed offshore listings this year. The…
China-based Companies Seek IPOs as Markets Reach All-time Highs
Bob McCooey, Nasdaq’s Chairman of Asia Pacific and Global Head of Capital Markets, spoke with CNBC Asia’s Squawk Box program on November 16. He discussed the YoY increase in China-based Initial Public Offerings in the…
New IPOs launched on Chinese mainland reaches record high
A total of 385 enterprises have issued IPOs, or initial public offerings, on China’s A-share market since the beginning of the year, beating the previous record of 344 in 2010. Together, they have grossed 194.4bn…
China’s CEFC denies links to alleged Africa bribery plot
A Chinese energy company has denied it had anything to do with a multimillion dollar bribery scheme that U.S. prosecutors say was organized by two businessmen to secure business from African officials on its behalf.…
China/US trade war looms as Trump administration pivots
or take unilateral actions like sanctions against China,” said Anna Ashton, director of business advisory services at the Washington-based US-China Business Council. “If the government were to take unilateral actions, then there will be a…
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