In a drab office in China’s industrial heartland, Andy Xiao frets over the future of his shoe materials business, now straining under sweeping tariffs imposed by Donald Trump.
Tagged By ipo
Shein profits slump in fresh challenge to long-planned London IPO
As a private company, Shein does not publish profit guidance but the 2024 figures were far lower than the $4.8bn in net profit and $45bn in sales the company had projected for 2024 in a…
China’s private sector needs more than warm words
Xi’s warm words mark a welcome thaw in state-business relations, but Beijing needs to go further to win back the trust of companies and revive animal spirits. Investor faith in China — both at home…
Shein Profit Dropped Last Year, Further Challenging IPO, FT Says
Fast-fashion retailer Shein’s profit slumped by almost 40% last year, putting further pressure on a potential initial public offering in the UK, the Financial Times reported, citing people it didn’t …
Hong Kong and Singapore lead Asia’s drive to cash in on crypto boom
Hong Kong and Singapore are the front-runners in a push by Asian governments to become cryptocurrency hubs as they look to capitalise on the global resurgence of the sector thanks to the support of US…
China urges US to stop weaponising, politicising economic and trade affairs
China will closely monitor the US actions and will take necessary measures to safeguard its own legitimate rights and interests, a Chinese Commerce Ministry spokesperson said …
In Malaysia, low-priced Chinese brands gain popularity in Western-dominated malls
Competitively priced products from China, coupled with Malaysia’s millions of ethnic Chinese residents and a growing middle class, help Chinese brands gain a stronger foothold Run the numbers, urged …
Trump Team Pushes Mexico Toward Tariffs on Chinese Imports
The Trump administration told Mexican officials that they should put their own duties on Chinese imports as part of their efforts to avoid tariffs threatened by President Donald Trump, according to …
Global brands get boost from pro-consumption policy
The expanded pro-consumption policy, which comprises measures such as subsidies for digital products and home appliances, is driving significant sales growth and deeper market engagement for …
How China’s sanctioned oil imports are rebounding despite global pressure
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the US sanctions on tankers involved in Russian and …
Is Xi’s Sudden Embrace of Business for Real? China Is Left Guessing.
The uncertain reaction to Xi Jinping’s display of warmth made sense: Executives are eager for a reset after years in the cold but ever wary of meddling.
Trump administration pushes out top China export policy official, sources say
The Trump administration has forced out a senior Commerce Department official overseeing export restrictions on China, three people familiar with the matter said.Matthew Borman is leaving his role as …
China’s largest bubble tea chain Mixue aims to raise $443M in Hong Kong IPO
China’s largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, a regulatory filing showed on Friday.
