In the seemingly-perpetual war of words, major Western brands in China have found themselves in hot soup for expressing concerns about alleged forced labor in Xinjiang province’s cotton fields. The … ( read original story…
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China boycotts H&M: Will Western brands have to choose between ethics and profits?
Tensions between China and the west reached boiling point this week as several countries including the UK imposed sanctions over human rights abuses against the Uighur Muslims and retail found itself … ( read original…
China’s Pullback Is a Buying Opportunity: HSBC’s Fan
Fan Cheuk Wan, chief market strategist for Asia at HSBC Private Banking & Wealth Management, discusses China’s economy, markets and where she’s finding opportunity. She speaks on “: China Open.” (Sour … ( read original…
EC to Impose AD Duties on Flat Rolled Aluminium Imports from China
The European aluminium industry has applauded the European Commission for its intention to impose provisional anti dumping duties on certain flat rolled aluminium products originating in China. The … ( read original story …)
China cuts taxes to spur semiconductor development
Processor chips and other semiconductors are China’s biggest single import, totaling more than $300 billion a year. Under the latest measure, machinery and raw materials “that cannot be produced or … ( read original story…
Chinese Video Streamer Bilibili Sinks Day After $2.6 Billion IPO
Video streaming site Bilibili sank on its first day trading on Hong Kong’s stock exchange on Monday as investors fret over a global sell-off in Chinese tech shares. ( read original story …)
China Evergrande to raise $2 billion in pre-IPO for property, car marketplace unit
China Evergrande Group on Monday said it will sell 10% of its online real estate and automobile marketplace, Fangchebao (FCB), to 17 investors for HK$16.35 billion ($2.10 billion), in a fundraising … ( read original…
Macau should legalize online gaming and import AI tech talents from Mainland China – Expert
Tourism and gambling expert Zeng Zhonglu that Macau should consider legalizing ‘online’ gambling and invest in importing skilled workers from … ( read original story …)
China warns companies against politicising actions regarding Xinjiang
Xu repeatedly rejected accusations of genocide and human rights abuses in the region and accused the Western powers of engaging in political manipulation to destabilise China with the sanctions. The … ( read original story…
Chinese Streaming Site Bilibili Sinks On Hong Kong Debut After $2.6 Bn IPO
Video streaming site Bilibili sank on its first day trading on Hong Kong’s stock exchange on Monday as investors fret over a global sell-off in Chinese tech shares. Bilibili’s opening price fell just … (…
Didi leans towards NY for IPO, eyes valuation of at least $100bn
A fifth person close to Didi said the company is also considering a second listing in Hong Kong if its US IPO takes place. Beijing-based Didi said it doesn’t have a definite plan regarding its…
Evergrande Sells Online Unit Stake for $2.1 Billion Ahead of IPO
China Evergrande Group raised HK$16.4 billion ($2.1 billion) selling a stake in its online home and car sales platform ahead of a planned listing in the U.S. ( read original story …)
Focus on new wine markets as China extends tariffs on wine imports
Australia’s grape and wine businesses are focusing on developing growth in new markets after China announced it was extending its temporary tariffs on Australian wine imports for five years. ( read original story …)
