Didi is stepping up efforts to grow its presence in strategically important sectors like autonomous driving as it prepares to go public in what could be one of the largest tech IPOs globally this year…
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China’s five-year plan bigs up 5G
China Mobile now has 173.16 million 5G subscribers, while its rival China Telecom has 103.37 million. China Unicom has 84.3 million. Building millions of 5G stations will boost information exchange, …
‘Made in China’ brand comes of age
Established in 1990 as the eponymous sportswear brand of Olympic gold medalist-turned-entrepreneur Li Ning, who is hailed as the “Prince of Gymnastics” in China and lit the cauldron at the opening …
Chinese Shows Blur Western Brands Over Xinjiang Dispute
By Tiffany May HONG KONG — Viewers of some of China’s most popular online variety shows were recently greeted by a curious sight: a blur of pixels obscuring the brands on sneakers and T-shirts worn…
China is using Bitcoin as a financial weapon says Peter Thiel
VID). There has been a lot of controversy between the government of China and the US. And it seems that this will now continue into the financial world too. Peter Thiel says that even though…
FACTBOX-Foreign fashion retailers in China
March 25 (Reuters) – Fashion brands, including H&M, Nike and Adidas, have come under fire on Chinese social media for past statements they have made expressing concern over labour conditions in …
China pulls German trade up, but Brexit hits UK business
BERLIN (Reuters) – German exports rose in February, boosted by surging trade with China in a fresh sign that factories are busy in Europe’s largest economy despite an expected pandemic-related drop in …
Asian shares mostly lower on strong China price data
Shares are lower in most Asian markets after China reported stronger than expected inflation data BANGKOK — Shares fell Friday in most Asian markets after China reported a stronger than expected …
China’s Didi Chuxing picks Goldman, Morgan Stanley for mega US IPO
At that valuation, Didi Chuxing could raise about $10 billion if it sells 10% of its shares, making it the biggest Chinese IPO in the United States since Alibaba’s $25 billion float in 2014.
German Exports Rise in February, Lifted by China Trade
The trade surplus shrank to 19.1 billion euros. On the year, exports to China increased by 25.7%. Separate data released on Friday showed industrial output in February fell by 1.6%. A Reuters poll …
It’s All a Blur: Chinese Shows Censor Western Brands Over Xinjiang Dispute
By Tiffany May HONG KONG — Viewers of some of China’s most popular online variety shows were recently greeted by a curious sight: a blur of pixels obscuring the brands on sneakers and T-shirts worn…
China Halts New Enrollments at Business School Backed by Jack Ma: FT
abruptly suspended a planned $37 billion IPO in Shanghai following pressure from the authorities. The botched listing came after Ma made comments in public criticising China’s financial regulators.
Breakingviews – Capital Calls – South Korea gaming IPO primes for high score
The company behind one of the world’s most successful mobile games has applied to go public in South Korea. Krafton, which counts China’s Tencent as a key backer, more than doubled operating profit …
