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China attacks foreign clothing, shoe brands over Xinjiang
China’s ruling Communist Party is lashing out at H&M and other clothing and footwear brands as it retaliates for Western sanctions imposed on Chinese officials accused of … ( read original story …)
EXCLUSIVE-China’s Didi leans towards New York for IPO, eyes valuation of at least $100 bln -sources
A fifth person close to Didi said the company is also considering a second listing in Hong Kong if its U.S. IPO takes place. Beijing-based Didi said it doesn’t have a definite plan regarding its…
UPDATE 3-TikTok owner ByteDance hires CFO in a step towards IPO
TikTok owner ByteDance has hired Xiaomi executive Shou Zi Chew for a newly created role as chief finance officer, in a sign that the tech company is moving towards a much-anticipated initial public … (…
Over 1,000 int’l brands to participate in China consumer products expo
More than 1,000 global brands from 69 countries and regions will participate in the first China International Consumer Products Expo in Haikou, capital of south China’s Hainan Province, the organizers … ( read original story…
Jack Ma’s Ant regroups after pulled IPO
Ant is still looking for a public listing and wants to improve its valuation that’s taken a hit from a regulatory overhaul. ( read original story …)
Jack Ma’s Ant seeks to rebuild valuation after pulled IPO
Ant Group is demanding a larger slice of lucrative commissions from its popular payments platform at the expense of local banks as China’s largest fintech tries to offset losses from a government … ( read…
For Canadians, Two Michaels’ Ordeal Exposed ‘Dark Side of China’
“China is our second [largest] trade partner, but in terms of our exports, we export just about over 4% of our total exports to China,” he said. FILE – Huawei Technologies Chief Financial Officer Meng…
A $60 Billion U.S. Stimulus Windfall Is Heading China’s Way
David Ni is expecting a great year for his Chinese car-wheels business, thanks to the $1.9 trillion boost President Joe Biden just gave to the U.S. economy. ( read original story …)
EU-China deal on the rocks as sanctions shake support in European Parliament
Three of Europe’s top four parties have already said they will not ratify, and a lively discussion is taking place in the fourth Deal now faces uphill struggle to be ratified in 2022, with critics…
China firms rush to withdraw IPOs as rules tighten
Firms had rushed to list after China introduced a registration-based system and loosened … A large share of the companies that have withdrawn IPO applications did so after on-site inspections, Mr Yi … ( read…
Biden has left Trump’s China tariffs in place. Here’s why
Former President Donald Trump started a controversial trade war with China three years ago, putting tariffs on roughly $350 billion of Chinese-made goods … ( read original story …)
China announces trade fair to boost Hainan’s duty-free status, show commitment to opening up
The inaugural Hainan Expo will take place in May as Beijing pushes ahead with plans to transform the island into a duty-free shopping hub and show its commitment to opening up the economy to foreign … (…
