The boss of Nike has made a robust defence of the firm’s business in China after facing a consumer boycott there. Chief executive John Donahoe said “Nike is a brand that is of China and…
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China will lower payment fees for small firms from Sept 30 – PBOC
China’s central bank said on Friday that it would lower payment fees for small firms from September 30, including for bank account services, yuan settlement and electronic banking.
China crypto mining ban triggers exodus, bitcoin rigs sell like scrap
The China crypto mining ban may see up to 90% of all mining in the country go offline, according to an estimate, paralysing an industry that accounts for half of global bitcoin production.
CHINA CRYPTO MINING BAN
China crypto mining ban Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. China crypto mining ban Blogs, Comments and Archive News on Economictimes.com …
U.S. bans imports of solar panel materials tied to forced labor in Xinjiang
The White House said in a statement Thursday that the People’s Republic of China’s forced labor in Xinjiang is “an … the Biden administration ordered U.S. Customs and Border Protection to prohibit …
LIVEKINDLY Collective Launches in China with Two New Brands Created Exclusively for Chinese Consumers by Chinese Food Experts
LIVEKINDLY Collective introduces plant-based dumplings in China (Photo: Business Wire) The two new brands cover a portfolio of seven innovative plant-based products based on beloved Chinese dishes, …
Chinese ride-hailer Didi seeks $4bn in US IPO
Chinese ride-hailing company Didi Chuxing is seeking to raise up to $4 billion in an initial public offering in the U.S, according to its latest regulatory filing. The IPO would be one of the biggest…
China listing frenzy in U.S. set to be boosted by Didi IPO
Ride-hailing giant Didi Chuxing’s planned $4 billion New York debut will supercharge Chinese listings in the United States on the back of an all-time high in the first half the year, despite political …
Chinese ride-hailing giant Didi Chuxing plans to raise up to US$4 billion in US IPO
Didi Chuxing plans to sell 288 million shares at US$13 to US$14 each in its US IPO. The sale could value the entire firm at US$67 billion, compared with US$95 billion for Uber Technologies.
China’s Didi seeks to raise nearly $4 billion in IPO
Didi Global Inc., the Beijing-based ride-hailing company, is targeting a valuation of $62 billion to $67 billion in its IPO, according to its latest …
Chinese ridesharing giant Didi aims for $60 billion valuation in IPO
Chinese ride-hailing giant Didi plans to list the equivalent of 72 million shares of Class A common stock on the New York Stock Exchange under ticker DIDI.
Didi Sets Valuation Target of $62 Billion to $67 Billion in IPO
The Chinese ride-hailing company looks to raise $3.9 billion at midpoint of its price range.
Why Luxury Brands Must Jump On China’s Cute “Meng” Trend
Translated as “cute” in Chinese, Meng (萌) is the adorable pop trend taking over young China. But can Western luxury brands capitalize on it?
