Curaçao’s fledgling stock exchange intended to attract Latin American companies seeking to raise money from European investors. Instead, Chinese firms came.
When Water Years Holdings, a small Chinese firm that sells wine and candy made from blueberries, was looking to go public in 2017, there were few options. The company, which had earned a profit of less than $50,000 in the prior year, was too small to qualify for a listing on the Shanghai or Hong Kong stock exchanges. New York and Singapore were also out of the question.
So company executives hopped on a flight to Curaçao, a small Dutch territory about 40 miles off the coast of Venezuela, to
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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