Beijing hits back
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By Julie Zhu, Hadeel Al Sayegh and Helen Reid HONG KONG/DUBAI/LONDON (Reuters) -Shein is working towards a listing in Hong Kong after the online fast-fashion retailer's proposed initial public offering (IPO) in London failed to secure the green light from Chinese regulators,
We were willing to relax our listing standards. The Chancellor Rachel Reeves flew out to Beijing to beg for investment in Britain. And perhaps, most importantly of all, we were willing to turn a tactfully blind eye to the multiple allegations of brutal working conditions,
Shein is pivoting to Hong Kong for its long-anticipated IPO, after its London listing plan faced unexpected regulatory hurdles from Beijing.
The head of Innovate UK, the government's advisory body on cyber infrastructure, also said the "super-embassy" could have "significant effects beyond their immediate locality", The Times reports, apparently indicating wider surveillance risks to London's financial district as well as three nearby data centres.
President Donald Trump has accused China of violating its preliminary trade agreement with the United States agreed on May 12.
Japan's Kyoto University and Tokyo University are also considering similar schemes, while Hong Kong has instructed its universities to attract top talent from the United States. China's Xi’an Jiaotong University has appealed for students at Harvard, singled out in Trump's crackdown, promising "streamlined" admissions and "comprehensive" support.
Tussle over strategic Darwin port deepens as American company linked to Trump shows interest in taking lease from Chinese firm
While rich-country underground rail networks are creaky and old, developing countries have zipped ahead. The world added almost as much track for urban metro services within a decade as in the previous 150 years—expanding from 10,