China’s Lufax Pursues U.S. IPO
The online wealth management firm is backed by financial giant Ping An of China.
Judge Gives WeChat Reprieve From U.S. Shutdown
WeChat users who sued the Trump administration had “shown serious questions going to the merits of their First Amendment claim," the court said.
Chinese Nationals Charged With Hacking Attacks
“The United States government is starting to turn the tide on Chinese intrusion operations on Western companies and targets."
U.S. Tariffs Violated WTO Rules, Panel Finds
The WTO sided with a complaint from China over tariffs imposed on about $234 billion in goods in 2018.
Herbalife Fined $123M Over China Bribe Scheme
U.S. authorities say the company paid off Chinese governmental officials to win favorable treatment in one of its largest markets.
Xpeng Motors Files To Raise $1.1B With IPO
The Guangzhou-based company is backed by Alibaba and Sequoia Capital.
Trump Orders TikTok Owner to Sell U.S. Assets
The order "adds pressure on ByteDance to find a buyer, while giving the U.S. government a chance to object if it does not approve of the choice."
Marriott Posts Big Loss, Sees Recovery Signs
Marriott’s shares rose as the company reported that it it is seeing "steady signs" of global travel demand returning.
Li Auto Offers EV Future to U.S. Investors
The Chinese automaker says its extended-range technology "will help accelerate the adoption of electric vehicles in China."
U.S. Government Considers TikTok Ban
Critics have brought up concerns around the app’s privacy practices and its possible ties to the Chinese government.
Google Abandons Cloud Initiative in China
The tech giant’s ‘Isolated Region’ would have allowed it to offer cloud services in regions that want to control data within their borders.