Category: Business
Chinese Battery Giant CATL Seeks $4 Billion in Hong Kong IPO
Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far this year. A global leader in ...
Chinese Battery Giant CATL Seeks $4 Billion in Hong Kong IPO
Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far this year. A global leader in ...
China Advises Its Firms in Africa to Avoid Political Entanglements
Chinese businesses traditionally believe “guanxi” (关系)—building close ties with governments—is key to success, a mindset shaped by China’s own political system. But in Africa, this backfires. In a rare move, an official Chinese government publication is advising Chinese companies operating in ...
China Advises Its Firms in Africa to Avoid Political Entanglements
Chinese businesses traditionally believe “guanxi” (关系)—building close ties with governments—is key to success, a mindset shaped by China’s own political system. But in Africa, this backfires. In a rare move, an official Chinese government publication is advising Chinese companies operating in ...
Is It Just Because They’re Cheap? Why Chinese Products Dominate the African Market
The popular East Africa-based Chinese online commentator Xiao Nie “小聂说事儿,” who chronicles daily life of Chinese immigrants on the continent, recently published an article addressing common biases about Africa’s consumer market. The piece was written in response to a flood of comments on a previous ...
Is It Just Because They’re Cheap? Why Chinese Products Dominate the African Market
The popular East Africa-based Chinese online commentator Xiao Nie “小聂说事儿,” who chronicles daily life of Chinese immigrants on the continent, recently published an article addressing common biases about Africa’s consumer market. The piece was written in response to a flood of comments on a previous ...
Burkina Faso: A New Chinese “Prince” Emerges Close to Junta Leader
As Burkina Faso’s military government reshapes its alliances in the face of a growing jihadist threat, a little-known but influential Chinese businessman has quietly risen to the center of the country’s war economy: Li Yubao. Operating in Burkina Faso ...
BYD Goes on the Offensive in South Africa With the Launch of Three New Models
Chinese auto major BYD is moving aggressively to expand in the South African market with the launch of three new models this week, including their full-size electric pickup, a hybrid SUV, and an all-electric sedan. South Africa is an alluring market ...
Offshore Trading of China’s Currency Sinks to Historic Low, Presenting Yet Another Problem for Developing Countries
China’s offshore yuan fell to an all-time low against the U.S. dollar on Tuesday as trade tensions between the United States and China escalated after days of turmoil over tariffs. The offshore yuan, which is circulated outside mainland China and is ...
Offshore Yuan Hits Historic Low on U.S.-China Trade Tensions
China's offshore yuan fell to an all-time low against the U.S. dollar on Tuesday as trade tensions between the United States and China escalated after days of turmoil over tariffs. The offshore yuan, which is circulated outside mainland China and is ...
Indonesia Eyes U.S. Market Share from China and Others, Offers Trade Concessions to Trump’s Tariffs
Indonesia is moving quickly to convince Washington it’s not the problem — announcing trade concessions, cutting import duties on American goods, and signaling it’s open to buying more. All this was done to defuse tensions with U.S. tariffs about ...
China and the New World Trade War
U.S. President Donald Trump insisted on Monday that he will not back down from his massive tariff campaign that he launched last week and even promised to impose even higher duties on Chinese goods in response to Beijing's 34% tariff retaliation ...