Tapes are in the news in Washington – Trump’s conversations with his former lawyer – which brings to mind another tape which allegedly exists in the hands of Mr Putin, and is also a reminder that there are no such tapes, and therefore no leverage, that the Chinese can bring to bear on the man […]
Category: Consumer
Shares in Chinese group-buying site Pinduoduo soared following the company’s initial public offering in New York on Thursday, with investors showing strong demand for the company many believe could be poised to rival e-commerce giants JD.com and Alibaba. The company, sometimes described as China’s answer to Groupon, priced at the top of its range at […]
ONLINE FINANCE
Sky News has reported that two of China’s leading tech giants, Alibaba and Tencent, are currently in early-stage discussions to buy a minority stake in the Chinese unit of British advertising group WPP. The purchase is being negotiated alongside China Media Capital Holdings (CMC), and is estimated to be for a 20% stake in WPP […]
The European Union has agreed to slap high tariffs on imports of Chinese electric bicycles after results of an investigation pointing to dumping from Chinese producers. The investigation, carried out by the EU’s legislative branch, the European Commission, recommended tariffs from 21.8% to as high as 83.6% for some offenders, though all Chinese e-bikes should […]