Risks to growth, however, have risen in the wake of the U.S.-China trade dispute. While analysts say it is too early to gauge the potential fallout of the tariff standoff with the United States, a…
Tagged By business
Exclusive: U.S. considers tightening grip on China ties to Corporate America
For a company like Nvidia, which gets a fifth of its business from China, the giveaway was business as usual. It has several arrangements to train local scientists and develop technologies there that rely on…
Hope for US trade visit to China: A delay in harmful tariffs
Beijing could offer to cut its 25 percent tariff on auto imports and make it easier for U.S. carmakers to do business in China. In a recent speech, Xi pledged to do both. China could…
Two China biotechs drop US IPO plans for $800 million Hong Kong floats
HONG KONG: Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong Kong IPOs, seeking to cash in on new rules to woo…
China urges US to avoid damaging business confidence
China appealed to Washington on Thursday to avoid damaging business confidence following a report that U.S. authorities are investigating whether Chinese tech giant Huawei violated sanctions on Iran amid spiraling technology tensions. The Wall Street…
Asia stocks supported by Wall St., but China drags
The benchmark Shanghai Composite Index fell 0.9 percent and the blue-chip CSI300 index dropped 1.4 percent as tech shares came under pressure following news that U.S. prosecutors have been investigating if China’s Huawei violated U.S.…
Two China biotechs drop U.S. IPO plans for $800 million Hong Kong floats: sources
HONG KONG (Reuters) – Two Chinese biotechs have axed plans to list in New York and instead aim to raise up to $800 million in Hong Kong IPOs, seeking to cash in on new rules…
Disney emphasizes China roots in Shanghai amid trade tension
SHANGHAI — Walt Disney Co. stressed its deep China connections as it opened an extension of Shanghai’s $5.5 billion Disney Resort on Thursday amid escalating tensions over trade and technology between Beijing and Washington. Disney…
China’s Xiaomi promises to cap hardware income margin ahead of IPO
BEIJING (Reuters) – Chinese smartphone and smart device maker … as it looks to position itself as an internet services provider ahead of a highly-anticipated IPO. Xiaomi – which makes dozens of internet-connected products including…
For China’s Buddhist Monks, an IPO Too Far
In China, religion is big business. The famed Shaolin Temple owns dozens of companies and its abbot is popularly known as the “CEO monk.” Two of China’s four sacred Buddhist mountains are publicly listed. So…
Chinese Ride-Hailing Giant Didi Hits Accelerator on Talks for IPO
China’s Didi Chuxing Technology Co., one of the world’s largest ride-hailing companies, is holding discussions about a multibillion-dollar initial public offering that could happen as soon as this year, according to people familiar with the…
Multibillion-dollar IPO for Chinese ride-hailing giant Didi could happen this year
The Beijing-based company has in recent weeks been in talks with … the people familiar said. It isn’t clear whether an IPO will happen this year, and Didi hasn’t decided on a listing venue, they…
US brands suffer collateral damage in Chinese corporate war
The executives spoke to the AP only on condition of anonymity for fear of reprisals, but their concerns were echoed by a U.S. industry group, brand consultants and policy makers in China and JD.com itself.…
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