China has halted canola imports from Winnipeg’s Richardson International Ltd. amid widening trade and diplomatic tensions between the two countries. Chinese customs administration’s list of approved g… ( read original story …)
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This company may be first big Chinese IPO of 2019: 5 things to know
The company is benefiting from the emergence of a mass affluent class in China that has driven strong demand for wealth-management services. Read now: Marijuana IPOs in 2019: These companies could be … ( read…
Chinese drone maker EHang plans U.S. IPO: sources
China has championed rapid development in its … Luckin Coffee, a Chinese rival to Starbucks, has also tapped three banks for a U.S. IPO which could value it at around $3 billion. ( read original…
China blocks canola shipments from Canadian company as tensions mount
Spokespeople at Richardson’s headquarters in Canada couldn’t be reached outside normal business hours. In the escalating diplomatic row with Canada, China has detained two Canadians working in China, … ( read original story …)
China accuses detained Canadians of stealing state secrets
Meng’s arrest set off a diplomatic furor and has severely strained Canadian relations with China. The U.S. is seeking the extradiction of Meng, who is also the daughter of Huawei’s founder, to face ch… (…
China considers legal changes on technology to placate U.S.
The chairman of the American Chamber of Commerce in China, Tim Stratford, called the measure a “step forward.” But business groups say they need to see how it will be enforced. It was unclear whether…
China’s Car Slump Has Dealers Slashing Prices, Giving Cheap Loans
China’s worst car-market slump in a generation is forcing manufacturers and dealers to resort to generous discounts and loan offers to lure buyers, as the slowdown hits automakers’ profits. Incentives … ( read original story…
The end of China’s growth miracle
Reported housing sales are down in major cities. China’s huge goods trade surplus was a key driver of its business growth over the past two decades, but that trade surplus had diminished even before t……
After explosive growth in China, Vancouver fashion designer plans home run in Canada
She just didn’t expect to find that success in China. But now that she’s established herself among businesswomen in the vast Asian country, she is making her grand return to Canada where she once stru……
Growing China downdraft chills Asia factory activity
TOKYO (Reuters) – Weak demand in China and growing global fallout from the Sino-U.S. trade war took a heavier toll on factories across much of Asia in February, business surveys showed on Friday. ( read…
China’s fledgling junk bond market spawns new breed of vulture funds
The risky but potentially lucrative business of trading in bonds on the verge of default is in its infancy in China, almost as new as the phenomenon of corporate defaults in the state-run economy. (…
China’s JD.com teams up with Farfetch to attract luxury shoppers
Foreign brands have struggled to crack China’s fast-moving online world alone, which has pushed them to try out partnerships with local players. Chinese e-commerce firms, meanwhile, lack the … ( read original story …)
Starbucks’ China rival Luckin Coffee taps three banks for U.S. IPO: sources
HONG KONG (Reuters) – Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said peo……