We inherited a very challenging situation from not just the previous administration, but going back a long way,” one Biden official said. ( read original story …)
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ANALYSIS-China delivers on threats to rein in internet economy
Beijing is making good on its threats to clamp down on the sprawling “platform economy”, with President Xi Jinping weighing in on the need to rein in behemoths that play a dominant role in the…
Rising to the Challenge of China
Mr. Blinken, who will meet with Chinese leaders in Alaska on the way home, called China “the biggest geopolitical test of the 21st century.” He’s right. For years, many Americans downplayed the … ( read…
Why Luxury Stores Are More Important Than Ever In China
Online retailing has undoubtedly contributed to the growth of luxury sales in China. Yet, physical retail locations are still a key shopping motivator. ( read original story …)
China stocks downgraded by BCA Research on ‘non-trivial’ risk of policy overtightening
The downside risks to China’s cyclical growth trajectory are non-trivial, potentially threatening the economy and corporate profits, according to BCA Research. The trillion-dollar market correction … ( read original story …)
China’s DMall hires three banks for over $500m US IPO – sources
Chinese e-commerce platform Dmall (Beijing) E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct … ( read original story…
China’s DMall hires three banks for over $500 million U.S. IPO: sources
E-commerce Co has hired Bank of America, Goldman Sachs and JPMorgan for a U.S. initial public offering of over $500 million, three people with direct knowledge told Reuters. The six-year-old company, … ( read original…
China’s Tuya Is Poised to Raise $915 Million in U.S. IPO
Tuya Inc., a software company backed by New Enterprise Associates and Tencent Holdings Ltd., is on track to raise $915 million in a U.S. initial public offering priced above its marketed range, said a ……
China is building up its ability to weaponize trade, new report says
China is diversifying its supply of critical natural resources by buying stakes in overseas companies, said risk consultancy Verisk Maplecroft. ( read original story …)
Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO
The article Chinese wealth management services provider Hywin Holdings lowers ADS offering by 10% ahead of $42 million US IPO originally appeared on IPO investment manager Renaissance Capital’s web … ( read original story …)
China exports surged late last year as consumer recovery picked up steam in U.S., other nations
Asia’s share of global exports increased in the third and fourth quarters last year, due mainly to China, while the export share of North American nations didn’t recover, according to new research. A … (…
China Can’t Resist Iran’s Cheap Oil
China’s increasingly good energy relations with Iran are resulting in a jump in crude exports from Tehran to Beijing as the Chinese are looking to capitalize on discounted Iranian crude … ( read original story…
How the real cost of any US-China conflict will be felt for years in lost productivity
When geopolitical tensions spill over into violence, productivity plummets and wealth is destroyed. Nationalism and negative views of China are rising worldwide, and any shift from the status quo … ( read original story …)
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