The US-China Business Council hosted a delegation of US multinationals in Beijing led by FedEx President and CEO Raj Subramaniam. The delegation met with Vice-Premier He Lifeng and Foreign Minister Wang Yi. This is another sign of China’s continued openness to foreign corporations and investors. ( read original story ...)
China electric truck startup Windrose to raise $200 mln before US IPO, source says
Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in the United States, a ... ( read original story ...)
Stock market today: Asian shares are mixed after Wall Street breaks losing streak
BANGKOK -- Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their recent sharp declines. U.S. futures edged lower and oil prices were ... ( read original story ...)
French bank BNP Paribas gets approval for 4th fully foreign-owned brokerage in China: report
French banking group BNP Parisbas recently established a wholly owned securities firm in Shanghai, becoming the fourth foreign financial institution to set up a wholly owned brokerage firm in the ... ( read original story ...)
China electric truck startup Windrose to raise $200 million before US IPO, source says
Chinese electric truck startup Windrose is aiming to raise $200 million in its final round of funding in equity investments and debt before it seeks an initial public offering in the United States, a ... ( read original story ...)
Financial institutions upbeat on China economy
Data show that China's investment in infrastructure construction during the January-June period rose 5.4 percent from the previous year, while manufacturing investment increased 9.5 percent. The ... ( read original story ...)
China Stock Market May Erase Monday’s Losses
(RTTNews) - The China stock market on Monday ended the two-day winning streak in which it had advanced almost 20 points or 0.6 percent. The Shanghai Composite Index now sits just above the 2,960-point ... ( read original story ...)