YXT.com has filed for a New York IPO, aiming to sell investors on its position as China’s largest digital corporate learning company YXT is trying to sell investors on its big growth potential, even a…
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UAE business hub eyes Chinese businesses amid ‘very, very strong’ China ties
From start-ups to universities, a Dubai government-backed developer has increased efforts to lure Chinese businesses to set up shop at one of the city’s newest business hubs, as it seeks to ride on …
These are the 5 luxury items China’s Gen Z is going nuts for, a retail expert says
A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet luxury trend is going strong.
US Slowdown Imperils China’s Path to Export-Driven Recovery
China’s export engine, vital for keeping the country’s growth target of around 5% within reach, is now threatened by signs of sagging US demand, just as Beijing is also struggling to jolt its own consumer…
US Tops China as Germany’s Biggest Trading Partner
BERLIN (Reuters) – The United States overtook China as Germany’s biggest trading partner in the first half of 2024, according to preliminary German statistics office data, as Berlin’s drive to reduce dependency on Beijing takes…
TSMC-linked China auto chip maker plunges over 30% in Hong Kong IPO
HONG KONG — Black Sesame International, an automotive chip maker from China that fully relies on Taiwan Semiconductor Manufacturing Co. (TSMC) for its production, made a dismal debut on the Hong Kong …
China’s M&A, Restructuring Markets Heat Up Amid IPO Slowdown
Chinese investors are shifting focus to mergers and acquisitions as well as corporate restructuring as a better way of getting a return on their investment amid a prolonged downturn in initial public …
China’s major internet firms log steady revenue growth in H1
China’s internet sector saw steady growth in business revenue in the first half of this year, data from the Ministry of Industry and Information Technology …
China Stocks Climb Amid Broader Asian Market Weakness
China stocks gained on Thursday, standing out from weaker Asian markets as investors sought safe havens amid economic uncertainty. Despite slow export growth, tech shares led the rise, with investor sentiment supported by a firmer…
Japan’s Shiseido becomes latest luxury brand hit by China slump, shares plunge
Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China. Shiseido …
China’s exporters enjoyed the benefits of a weak yuan. Now that’s changing and cutting into profits
China reported slower-than-expected growth in U.S. dollar-denominated exports for July on Wednesday, while imports surprised with a better-than-expected increase. Exports have stood out as a bright spot as China’s economic growth slows. Many local …
China’s commodity imports show economy struggling for momentum
China’s imports of major commodities continued to lose momentum in July, with crude oil arrivals slumping to the weakest in nearly two years, while those of iron ore, coal, copper and natural gas were …
Beiersdorf misses profit forecast, says slow China hit luxury brand sales
Beiersdorf reported 7.1% organic sales growth for the first half of the year on Wednesday, driven by double-digit percentage growth in its flagship skincare brand Nivea.
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