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Chinese video app Tiktok's biggest competitor is going public in Hong Kong on Friday. The company is expected to reach a market valuation of $60 billion at the start of trading. Although Kuaishou's business is growing rapidly, the startup is struggling with several problems. International expansion has been slow. Recent tighter laws in China are also slowing Kuaishou down.
Von Redaktion Table
The entire financial arm of the Alibaba Group will be regulated like a financial house in the future. Not without reason: Ant Financial already originates more than a fifth of consumer loans in China. With Ant's classification as a financial holding company, the company must also adjust its capitalization. A measure to mitigate credit risks.
Von
New times demand new answers. Imposing sanctions on China will not succeed. Decoupling has a high price. Ten theses by Juergen Trittin on Europe's relationship with China and the USA, presented at the annual foreign policy conference of the Heinrich Boell Foundation.
Von Antje Sirleschtov
Neue Zeiten fordern neue Antworten. Das Verhängen von Sanktionen gegen China wird keinen Erfolg haben. Entkopplung hat einen hohen Preis. Zehn Thesen von Jürgen Trittin zum Verhältnis Europas zu China und den USA, vorgetragen zur außenpolitischen Jahrestagung der Heinrich-Böll-Stiftung.
Von Antje Sirleschtov