CIA Director Mike Pompeo has branded China as one of the biggest threat to America’s super power status in the world, than Russia or Iran. Terming terrorism and North Korea as short-term threats to U.S.…
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China’s IPO ‘Glut’ And The Case For Stock Market Reform
For years, many analysts have complained that China’s IPO process is far too sluggish. The China Securities Regulatory Commission has stepped up IPOs this year, but it can’t catch a break. Some experts are now…
WeWork launches dedicated China business backed by $500M from investors
WeWork is making a big move to win the co-working market in China after it announced the creation of a standalone WeWork China business, backed by $500 million in fresh investment from existing backers SoftBank…
Scorching heat turns pleasant for food delivery, ride-hailing services
As hot weather swept across China over the past two weeks, it also brought new opportunities, fueling businesses such as food delivery and online ride-hailing service, 21st Century Business Herald reported. Most parts of the…
Top 10 Fortune Global companies
China’s State Grid came in second with $315.20 billion in revenue in 2016, followed by China’s major oil companies Sinopec Group and China National Petroleum Corporation. Warren Buffet’s insurance and investment group Berkshire Hathaway made…
Graduate brings sweet smell of lavender to North China
[Photo/VCG] After Yang Tong graduated from a college in 2010, the post-80s man returned to his hometown to open the first lavender farm in Zhangjiakou, North China’s Hebei province. Not only Yang planted general lavender…
Wynn Resorts shares crater after walk-in business in China slows down
Shares of high-end hotel operator Wynn Resorts fell more than 6 percent Wednesday after the company said gambling at their tables decreased in Macau. Wynn said mass market operations, or walk-in business, from Wynn Macau…
Hunting rhinos: What Dalian Wanda saga says about China
That was the stark assessment a long-time China watcher gave me while discussing what’s happening to one of the country’s richest men, Wang Jianlin. Mr Wang, once considered a Beijing favourite, seems to have fallen…
Xiaomi edges past Apple in China’s Q2 smartphone sales, as local brands extend lead
China’s home-grown brands continue to gain ground in the world’s largest smartphone market, pushing aside Apple and Samsung Electronics with their offerings of sophisticated models at reasonable prices. Huawei Technologies, the world’s largest … (…
China’s underground anime fan culture is changing how brands market in China
Some Chinese tech firms get all the attention. BATJ, Xiaomi, ofo, and all the “sharing economy” startups have dominated headlines over the past few years. However, there is another group of companies who choose to…
Report: Xiaomi sales climb but Huawei remains China’s top smartphone brand
China’s Xiaomi, once the world’s highest valued tech startup … He also held positions at Kingsoft, leading the company to its IPO on the Hong Kong stock Eexchange. He currently serves as Chairman of UCWeb,…
China to ensure quality, normalization of IPOs
China’s securities regulator will make more efforts to ensure the quality of initial public offerings (IPOs) and maintain the trend of IPO normalization, an official statement said Wednesday. The China Securities Regulatory Commission (CSRC) will…
Business survival between rival US and China dreams
The advent of Xi Jinping in China and Donald Trump in America has disrupted both nation’s governance and external relations, creating a whole new set of ambiguities for multinational companies and financial institutions. The riptide…
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