Nearly two years after failing to launch an initial public offering (IPO) as The We Company, office-space rental firm WeWork has agreed to a business combination with a blank-check company that places … ( read…
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China boycotts are a warning to Western brands
By Julia Horowitz, CNN Business Companies including H&M, Nike, Adidas and Burberry have been caught in the middle of a political firestorm in China — spooking investors that keep close tabs … ( read original…
CONF: China steel mills exploring steel scrap imports
China’s easing of restrictions on steel scrap imports from January 1 this year has prompted many Chinese steel mills to begin exploring import channels or building up business relationships with … ( read original story…
Ride-hailing giant Didi leans towards NYSE for IPO, set to raise at least USD 10 bln
China’s top ride-hailing giant Didi Chuxing is considering New York over Hong Kong for its IPO, eyeing a valuation of at least USD 100 bln. Didi has also discussed the option of listing via a…
China erasing H&M from internet amid Xinjiang backlash
HONG KONG — H&M disappeared from the internet in China as the government raised pressure on shoe and clothing brands and announced sanctions Friday against British officials in a spiraling fight over … ( read…
Ukraine cut export of rapeseed oil on lower demand from China
Ukraine exported 102.3 thsd tonnes of rapeseed oil in July-February of 2020/21 MY, official data says. Shipments declined from 179.7 thsd tonnes over the same period of the preceding season. The main … ( read…
Crypto-art craze reaches China at ‘NFT’ exhibition
Bitcoin-inspired paintings and nightmarish faces conjured up by artificial intelligence, the global craze for “NFTs” — virtual authenticity certificates — swept into Beijing on Friday as curators … ( read original story …)
China’s Quora-like startup Zhihu raises $523m in US IPO despite uneasy ties
Chinese question and answer website Zhihu Inc raised $523 million in its US initial public offering (IPO) after pricing its shares at $9.50 each, according to two sources with direct knowledge of the … (…
China to impose anti-dumping measures on Australian wine imports
China’s will impose anti-dumping measures on some Australian wine imports from March 28 for five years, the Ministry of Commerce said in a statement on Friday. Importers bringing in wines related to … ( read…
IN FIGURES: China’s HRC exports rise 150% in Jan-Feb
Vietnam was the biggest buyer of Chinese HRC in January and February with 709,228 tonnes, accounting for 39% of China’s total exports. China’s exports of hot-dipped galvanized flat steel also exceeded … ( read original…
China brands championed as Xinjiang backlash grows
Chinese state media and netizens are championing local brands while targeting more Western retailers as the Xinjiang cotton backlash grows.Western brands have come under fire for expressing concern … ( read original story …)
TPG Chooses Banks for $594 Million Asian Pathology IPO
TPG Capital Asia has picked banks to help prepare an initial public offering of its pathology business in the region that could raise as much as S$800 million ($594 million) in Singapore, according to ……
What Is the ‘Quad’ and Should China Fear It?
The point is to maintain a “free and open Indo-Pacific,” but the unstated priority is countering China’s growing power, which rankles the leadership in Beijing. The Quad has its critics, who point out … (…
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