Some 52.1 per cent of China’s overall retail sales are expected to come from the nation’s booming e-commerce sector next year, according to research firm eMarketer. ( read original story …)
Tagged By ipo
China Drives Wedges in Europe to Break Up US Proposed Alliance
While U.S. President Joe Biden has been calling world leaders trying to build an alliance of Western democracies to counter China, Beijing also has been reaching out to the region. Since December, … ( read…
Moncler Focuses on China, Online, New Genius Phase and Stone Island
Moncler chief Remo Ruffini mapped out 2021 projects as the company reported a performance last year that beat analysts’ expectations. ( read original story …)
What led to China blocking Jack Ma’s record IPO?
China President Xi Jinping pushed for blocking what would have been a record-breaking initial public offering (IPO) for billionaire Jack Ma’s Ant Group in 2020. It happened because of Communist … ( read original story…
China’s Whip on Dissent Masked as Anti-Corruption Campaign | Opinion
His takeover of the party was based on strong campaigning and a motto about uprooting corruption from China; his popular tag is the “anti-corruption crusader.” This campaign has led to thousands of … ( read…
Is China Emerging as the Global Leader in AI?
China is quickly closing the once formidable lead the U.S. maintained on AI research. Chinese researchers now publish more papers on AI and secure more patents than U.S. researchers do. The country … ( read…
US business group must drop false accusations against China
The US Chamber of Commerce on Wednesday issued a report addressing the China-US economic relationship, warning hundreds of billions of dollars in potential losses for US businesses if a decoupling … ( read original story…
Chinese Brands Can Teach Victoria’s Secret How to Sell Lingerie Today
China’s $61 billion underwear market has been disrupted by digital-first domestic brands signalling subtle feminism and sensuality. International lingerie giants need to catch up. ( read original story …)
How China’s national security law threatens Hong Kong’s internet freedom
At least two websites have been blocked in Hong Kong, as Beijing continues to tighten its grip on civil society through the national security law. Experts say the move could mark an attempt to erode…
Why are China’s billionaires going under the radar?
The sudden and baffling public absences of some of the wealthiest people in China, including Alibaba’s Jack Ma, are part of the country’s complicated relationship with its tycoons. CNBC’s Nessa Anwar … ( read original…
Chinese Startup Meicai’s CFO Departure Adds Uncertainty to IPO
Meicai, a Chinese startup that connects vegetable farmers with restaurants, has recently lost its chief financial officer, casting uncertainty over its potential initial public offering. ( read original story …)
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining. A retailer of specialty teas and baked goods based in Hunan, China is expanding its business into … ( read original…
Cryptocurrencies May Thrive Due To China-US “Cold War”: Ethereum Creator
Whether people agree with this observation or not, but recent events have suggested that the United States is currently engaged … ( read original story …)