American International Group Inc. raised about HK$138.3 billion ($17.8 billion) selling shares in its main Asian unit, AIA Group Ltd. , making it the largest initial public offering in Hong Kong.

China’s reluctance to deliver “shock therapy” through a faster appreciation of the yuan may be a bid to avoid repeating history: Japan’s.

Yang Shuqi paces up and down Ikea’s Beijing store, looking for a “small bed with toys” for her grandson. She doesn’t plan to buy it -- 1-year-old Beibei just needs to take a nap.