But those policy expectations are swinging wildly as a sudden blowup in diplomatic ties threatens China’s nascent recovery. U.S. President Donald Trump stunned financial markets this week by … ( read original story …)
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Chinese AI unicorn Megvii raises US$750 million ahead of planned IPO
Backed by Alibaba Group and Foxconn Technology among other investors, the company is mulling an IPO, which could make it the first of its kind to go public and test how well China’s AI boom…
China’s factory-gate inflation hits four-month high, food prices surge
BEIJING (Reuters) – China’s factory-gate inflation in April quickened at its fastest pace in four months, buoyed by higher commodity prices and a sign demand may be starting to perk up as … ( read…
China ignores overtures from Ottawa amid Huawei dispute
The worsening dispute is also affecting investment between the two countries, as well as Canadian education, film and tourism companies, according to a report released this week by the Canada China … ( read original…
Moutai’s New Chief Said to Overhaul Strategy, Scrap Brands
the world’s biggest casino hub and a magnet for China’s biggest spenders. The company introduced a raft of brands and sub-brands separate to the premium lines and Yuan also had plans for a … (…
Starbucks’s Chinese Rival Markets IPO at Discount to Peers
Luckin’s IPO price range implies an enterprise value of 1.36 times … Credit Suisse Group AG, Morgan Stanley, China International Capital Corp. and Haitong International Securities Group Ltd. are … ( read original story …)
China’s April exports fall ahead of U.S. trade talks
China’s exports fell unexpectedly in April, adding to pressure on Beijing ahead of negotiations on ending a tariff war with Washington over Chinese technology ambitions. Wednesday’s announcement of … ( read original story …)
Trump’s tariff threat came after China backtracked on nearly all aspects of U.S. trade deal: sources
The document was riddled with reversals by China that undermined core U.S. demands, the sources told Reuters. In each of the seven chapters of the draft trade deal, China had deleted its commitments … (…
Chinese Biotech Firm InnoCare Plans Hong Kong IPO
Beijing InnoCare Pharma Tech Co., which is developing treatments for cancer and autoimmune diseases, is planning a Hong Kong initial public offering, people with knowledge of the matter said. The … ( read original story…
Cramer: Uber’s IPO and tariffs could be the ‘one-two punch’ that tanks the markets Friday
Cramer: US companies still in China being told they have … The stock market might not be able to handle a “one-two punch” from Uber’s IPO and potential tariff increases on Chinese imports this ……
China will keep calm in face of trade talk challenges: People’s Daily
SHANGHAI (Reuters) – China will keep calm against threats of higher tariffs from the United States and has “complete confidence” in its ability to face challenges in trade talks, a commentary … ( read original…
Nestle, rivals compete for big baby formula prize in China’s smaller cities
Marketers and other businesses unofficially classify China’s cities into tiers based on differences in business opportunity, infrastructure, population size, income level and consumer behaviour and … ( read original story …)
Business of Fashion’s Imran Amed on the industry’s shift in influence
Since founding Business of Fashion in 2007 … But Amed and his team forge ahead, developing initiatives such as the BoF China Prize that launched this year; the winner, emerging New York-based … ( read…
