The decision by McDonald’s to take greater control of its China business and expand aggressively in the face of a consumer slowdown and geopolitical tensions seems risky – but the potential pay-off is …
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China’s BYD says will keep reward system for smear campaign tipsters
China’s electric vehicle giant BYD said on Sunday it would make permanent its system offering tipsters who report smear campaigns against the company up to 5 million yuan ($700,918).
Global Impact: as uncertainties swirl over South China Sea, joint exercises and heightened tensions reverberate within the neighbourhood
In this issue of the Global Impact newsletter, we look at the latest developments in the disputed South China Sea.
Shein IPO points to improved market sentiment
China-founded fast-fashion giant Shein is reportedly planning an initial public offering (IPO) that would value the company at $90 billion (€82.7 billion). A Shein IPO would be controversial. Shein’s …
South Korea to consult China over urea export delays
South Korea on Monday said it will consult China to prevent disruption to urea supplies after Korean companies reported the fertiliser and emissions reducing chemical was taking longer to pass through …
A China rivalry twist emerges in Sri Lanka’s new US-funded, Indian-built port
The container port terminal being built in Colombo by India’s Adani Group is mostly being paid for with funds from a US government agency Analysts say it hints at a new type of public-private …
Commerce secretary says more money needed to block AI chip exports to China
The U.S. government needs to dramatically increase funding aimed at blocking sensitive artificial intelligence microchip tech exports to China, according to Commerce Secretary Gina Raimondo, who warns …
China’s version of Spotify is ‘underappreciated,’ Morgan Stanley says
“The music industry has been the fastest growing entertainment segment in China with 140% revenue growth between 2019 and 2023,” Morgan Stanley estimates.
Mumbai leads world in number of IPOs as new China listings fall
BENGALURU/HONG KONG — Mumbai is set to become the global leader in new stock market listings this year, with more initial public offerings on its two exchanges than in any financial center in China.
Three steps China must take to remain attractive to investors
Beijing should work to restore the confidence of domestic and global investors to ensure continued economic growth benefits everyone Focusing less on security, increasing data transparency and …
Deer industry in limbo after China changes frozen velvet import rules
New Zealand’s deer industry is waiting on more details from government officials in China about the future of sending frozen velvet there. New Zealand exported about $70 million of deer velvet to …
US reducing reliance on China ‘forces Hong Kong exporters to sever some ties’
Hong Kong firms in Vietnam say US asking them to register their company in Singapore, and nominate representative from city state.
U.S. Surprised by China’s Counterattack on ‘Semiconductor digging’.. Says Congress, “Budget More”
Indeed, Huawei launched a smartphone equipped with a self-developed 7-nanometer (nm, one billionth of a meter) chip in September, prompting criticism in the U.S. that there may be loopholes in the …
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