SHANGHAI, May 9, 2019 /CNW/ — 2019 China Brand Development Summit, the first activity of the “May 10 China Brand Day”, was held in east China’s Shanghai on Thursday. “May 10 China Brand Day” was…
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China vows retaliation if Trump raises tariffs: Morning Brief
Uber has reportedly pared down expectations for its IPO amid signals of a market less amiable to a new entrant — especially one with as high an implied valuation as Uber’s. Read more China vows…
China says it ‘will not succumb’ to U.S. pressure in trade war
China is fully prepared to defend its interests in its trade war with the United States, but hopes the United States can resolve problems through dialogue instead of unilateral steps, the Chinese … ( read…
China to bid on D.C. Metro rail deal as national security hawks circle
(Reuters) – China’s CRRC plans to bid on a big Washington D.C. subway project as it doubles down on a charm campaign in the United States to quash a rising chorus of critics who have…
More China policy easing seen as lending slows, trade risks rise
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 …)
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…
