Watch out Starbucks, China is coming to America with a tea brand and a low-cost coffee rival, after Chagee and Luckin Coffee stepped up their plans to open U.S. stores.
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Unaffected by EU’s tariffs on EVs, China’s hybrid-vehicle exports surge to bloc
With Brussels’ tariffs not a problem, China’s plug-in hybrid EVs have become the fastest-growing Chinese export item to the 27-nation bloc.
Chinese bubble tea chain Chagee files for U.S. initial public offering
Chinese bubble tea chain Chagee filed to go public in the U.S. on the Nasdaq. The company is planning to open its first U.S. store this spring in Los Angeles. The fast-growing chain generated net…
Cerebras IPO Delayed as Treasury Department Reviews Relationship with G42
Cerebras filed to list on the Nasdaq in September. However, the Treasury Department has still not cleared the IPO to go ahead. Ongoing concerns over …
China’s Oversupplied Solar Sector Sees Hints Of Stabilization
China’s solar sector, hit by oversupply, showed signs of stabilization as PV module prices rose in February, marking the first increase in 30 months.
Cerebras IPO further delayed as U.S. national security review drags on
Cerebras Systems executives were hoping the Trump administration would wave through a national security review that has left the AI chipmaker’s IPO in limbo.
Ag exports at risk if fees imposed on Chinese-built ships
Several ag organizations say a proposal from the U.S. Trade Representative’s Office to impose fees on Chinese-built ships would harm U.S. agriculture. “The consequences would basically be little, if …
Exclusive: Cerebras IPO further delayed as US national security review drags on
Cerebras Systems executives were hoping the Trump administration would wave through a national security review that has left the AI chipmaker’s IPO in limbo for months, five sources familiar with the …
China Ultra-Fast Fashion Sector: Growth, Challenges, and the Global Impact of the “Shein Effect”
China continues dominates the ultra-fast fashion industry while also facing growing challenges in sustainability and regulatory compliance.
Year Of Shifting Sands: Reflections On The 2024 Global IPO Market
As we settle into a new year, the global initial public offering landscape presents a fascinating tapestry of challenges and opportunities.
US farmers express dismay over proposal for levies on China-built ships
A Trump administration proposal to impose stiff levies on Chinese-made ships entering US ports is sowing panic in the country’s agriculture industry, with farmers saying the added cost threatens to …
In Austerity, Brands Bet on Exhibitions to Reach China’s ‘Forgotten’ Middle Class
Working around budget adjustments, brands are resorting to exhibitions as a more democratic way to educate and impress those who might have been overlooked by the brand’s previous, VIC-centric …
China’s BYD surpassed Tesla in annual revenue for 2024
Chinese automaker BYD surpassed Tesla in total revenue for 2024, reporting $107 billion compared to the Elon Musk-led brand’s $97.7 billion.