China Archives - Page 2 of 25 - CFO

The Global Chip Shortage: Worst-Hit Industries

The Global Chip Shortage: Worst-Hit Industries

Chip suppliers, which trimmed down chip production for autos and in turn stepped up supplies to consumer electronics, are now pressured from all quarters.

By Vincent Ryan | April 15, 2021

U.S. Adds Chinese Tech Firms to Export Blacklist

U.S. Adds Chinese Tech Firms to Export Blacklist

The Commerce Department says the companies were building supercomputers used by China for "destabilizing military modernization efforts."

By Matthew Heller | April 9, 2021

SEC Unveils Rule on Oversight of Chinese Issuers

Risk & Compliance

SEC Unveils Rule on Oversight of Chinese Issuers

The regulator indicated how it will implement a law aimed at delisting Chinese companies that do not meet U.S. auditing standards.

By Matthew Heller | March 24, 2021

Starbucks’ U.S. Sales Fall Amid COVID-19 Surge

Financial Performance

Starbucks’ U.S. Sales Fall Amid COVID-19 Surge

The first quarter saw "meaningful, sequential improvements in quarterly financial results despite ongoing business disruption from the pandemic."

By Matthew Heller | January 27, 2021

U.S. Government Blacklists Xiaomi and Cnooc

U.S. Government Blacklists Xiaomi and Cnooc

China’s leading smartphone maker and its third-biggest oil driller were added to the list of firms banned from American investment.

By Lauren Muskett | January 15, 2021

Top U.S. Banks to Remove Hong Kong Listed Products

Top U.S. Banks to Remove Hong Kong Listed Products

Removal of these 500 structured products is the outcome of an executive order prohibiting investments in companies with links to the Chinese military.

By Lauren Muskett | January 11, 2021

U.S. Trade Gap Hits 14-Year High of $68.1B

U.S. Trade Gap Hits 14-Year High of $68.1B

Retailers pushed imports of consumer goods to a record as they stocked up for the Christmas holiday season..

By Matthew Heller | January 7, 2021

Trump Issues Ban on Chinese Payment Apps

Trump Issues Ban on Chinese Payment Apps

The president’s executive order said the "pace and pervasiveness" of Chinese technology was a threat to American national security.

By Lauren Muskett | January 6, 2021

China Vows Retaliation After NYSE Announces Plans to Delist Telecoms

China Vows Retaliation After NYSE Announces Plans to Delist Telecoms

The incoming Biden administration has struck a more conciliatory tone following a Trump executive order.

By Lauren Muskett | January 4, 2021

Alibaba ‘Dismayed’ Over Ethnic Profiling in Facial Recognition Technology

Alibaba ‘Dismayed’ Over Ethnic Profiling in Facial Recognition Technology

The Chinese e-commerce giant claimed the technology was in a trial phase and never deployed by any customer.

By Lauren Muskett | December 18, 2020

Luckin Coffee Fined $180M in Accounting Fraud

Risk & Compliance

Luckin Coffee Fined $180M in Accounting Fraud

The SEC says the Chinese retailer fabricated more than $300 million in coupon sales to present a false picture of rapid growth to investors.

By Matthew Heller | December 17, 2020

Is China Stepping Up Fintech Regulation a Good Thing?

Risk & Compliance

Is China Stepping Up Fintech Regulation a Good Thing?

As developments in fintech continue to emerge, Chinese regulators have become increasingly worried about finance being overshadowed by technology.

By Lauren Muskett | December 14, 2020

Alibaba, JD, Pinduoduo’s U.S. Listing Fate Hangs in Balance

Alibaba, JD, Pinduoduo’s U.S. Listing Fate Hangs in Balance

House vote on audit rules could force the delisting of Chinese stocks if they don't comply with regulations.

By Lauren Muskett | November 30, 2020

China’s Negative Yield Bond Gets Positive Response

Credit & Capital

China’s Negative Yield Bond Gets Positive Response

The strong demand "shows investors are still underexposed to China and there definitely is a scarcity value perceived in these bonds"

By Matthew Heller | November 20, 2020

Apple Rebukes Supplier for Labor Code Violations

Workplace Issues

Apple Rebukes Supplier for Labor Code Violations

The company's decision to put Taiwan's Pegatron on probation underscores the “challenge facing Apple as it seeks to address abuses in its supply chain."

By Matthew Heller | November 9, 2020