Some global tycoons were concerned that the law might hurt Hong Kong’s profitability as a financial capital in Asia. ( read original story …)
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Hard to cut ties with low-cost China, Europe finds
European leaders talk of shortening supply chains and curbing China’s “Belt and Road” plan. But on the ground in Italy, Gimmi Baldinini says his designer footwear company is in no position to cut ties ……
Few companies expecting to leave China
The United States, Japan and France are prodding their companies to rely less on China to make the world’s smartphones, drugs and othe … ( read original story …)
State Department official tells US companies to ‘be aware’ of Chinese brands using slave labor
Under Secretary of State Keith Krach warned on Saturday about the potential for international commerce to support brands benefiting from slave labor in China. ( read original story …)
As China tightens rule over Hong Kong, US halts exports of dual-use technology to the territory
Commerce Department says it is now too risky to send technology to Hong Kong as it may end up in the Chinese Communist Party’s hands. ( read original story …)
168 IPO applications accepted since ChiNext reform
The stock exchange had also accepted 83 refinancing applications and three material assets reorganization applications as of Thursday morning. Nearly half of the accepted enterprises are in the areas … ( read original story …)
China’s A-share market sees robust IPO activity in H1: PwC
Unaffected by the novel coronavirus outbreak, China’s A-share market saw robust initial public offerings (IPOs) activity in the first half of the year, data from global auditing and consultancy firm … ( read original story…
Display Maker Royole Said to Mull China IPO as U.S. Plans Stall
Chinese flexible display maker Royole Corp. is weighing an initial public offering in China while its planned U.S. listing is put on hold, according to people familiar with the matter. ( read original story …)
Foreign brands shine in China: study
Foreign consumer brands have outgrown their Chinese counterparts for the first time in four years in China because of deepened localization and prompt actions taken to cater to fast-changing consumer … ( read original story…
As China tightens rule over Hong Kong, US halts export of dual-use technology to the territory
Commerce Department says it is now too risky to send technology to Hong Kong as it may end up in the Chinese Communist Party’s hands. ( read original story …)
Blockchain IoT Markets 2020-2025: Assessment of the Impact of COVID-19 on the Industry
The “Global Blockchain IoT Market: Growth, Trends and Forecast (2020-2025)” report has been added to ResearchAndMarkets.com’s offering. The Global Blockchain IoT Market is expected to grow with a CAGR … ( read original story …)
China manufacturers struggling to keep up with surge in global bike demand amid coronavirus fears
China exported 4.6 million bikes in May, up 11.4 per cent from a year earlier, reversing a decline of 19 per cent in April as consumers seek alternatives to public transport. ( read original story…
GM’s China sales drop 5% in second quarter, underperforms industry recovery
General Motors Co’s vehicle sales in China dropped 5.3% between April and June from the corresponding period last year, underperforming the industry average amid a recovery from the coronavirus … ( read original story …)