We inherited a very challenging situation from not just the previous administration, but going back a long way,” one Biden official said. ( read original story …)
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ANALYSIS-China delivers on threats to rein in internet economy
Beijing is making good on its threats to clamp down on the sprawling “platform economy”, with President Xi Jinping weighing in on the need to rein in behemoths that play a dominant role in the…
Rising to the Challenge of China
Mr. Blinken, who will meet with Chinese leaders in Alaska on the way home, called China “the biggest geopolitical test of the 21st century.” He’s right. For years, many Americans downplayed the … ( read…
Why Luxury Stores Are More Important Than Ever In China
Online retailing has undoubtedly contributed to the growth of luxury sales in China. Yet, physical retail locations are still a key shopping motivator. ( read original story …)
Chinese communications firms in the US face more pressure under Biden administration
“The administration is firmly committed to taking a whole-of-government approach to ensure that untrusted companies cannot misappropriate and misuse data and ensuring that US technology does not … ( read original story …)
China stocks downgraded by BCA Research on ‘non-trivial’ risk of policy overtightening
The downside risks to China’s cyclical growth trajectory are non-trivial, potentially threatening the economy and corporate profits, according to BCA Research. The trillion-dollar market correction … ( read original story …)
China’s DMall hires three banks for over $500m US IPO – sources
Chinese e-commerce platform Dmall (Beijing) E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct … ( read original story…
China’s DMall hires three banks for over $500 million U.S. IPO: sources
E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct knowledge told Reuters. The six-year-old company, … ( read original…
China regulators held talks with Alibaba, Tencent, ByteDance on ‘deepfake’ technologies
China’s cyberspace regulator said on Thursday it and the public security ministry had held talks with Alibaba, Tencent, ByteDance and Kuaishou on potential problems with ‘deepfake’ technologies. ( read original story …)
China’s Tuya Is Poised to Raise $915 Million in U.S. IPO
Tuya Inc., a software company backed by New Enterprise Associates and Tencent Holdings Ltd., is on track to raise $915 million in a U.S. initial public offering priced above its marketed range, said a ……
China is building up its ability to weaponize trade, new report says
China is diversifying its supply of critical natural resources by buying stakes in overseas companies, said risk consultancy Verisk Maplecroft. ( read original story …)
Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO
The article Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web … ( read original story …)
US Federal Communications Commission continues effort to bar China Unicom, ComNet over national security risk
In a unanimous vote, the FCC agrees that the two Chinese carriers have not proved their independence from Beijing. ( read original story …)
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