vice-president? for global trade issues at the National Foreign Trade Council, said the failure was a missed opportunity and was “disappointing to the American business community.” “To paraphrase Dickens, China’s offences carry their own punishment…
Monthly Archives For December 2016
Can the internet revolutionise finance in China?
Internet finance in China has developed rapidly over the past several years. Internet finance embraces a huge range of activities, including third-party payment, online lending, direct sales of funds, crowd-funding, online insurance and banking and…
No price like home: Big spenders reappear in China
“Some brands price their products in China closer to the overseas markets, such as Chanel,” said Emma Yu, a 32-year-old housewife exiting a Cartier store while shopping for a handbag in Shanghai’s financial district. “If…
China lodges formal protest after Donald Trump call with Taiwan president
“We believe this is not something the shrewd Trump wants to do.” China’s official Xinhua news agency said Trump needed to know Beijing can be a “cooperative partner” as long as Washington respects China’s core…
Trump's Taiwan phone call will stun Beijing
The US president-elect’s decision to turn his back on four decades of US protocol on Taiwan and speak directly to a president of Taiwan will stun policymakers in Beijing. Since his election last month, they…
Businesses Going Into China Need to Know These Rules First
Expanding your business in China can seem so straightforward. The trend lines always rise in research reports. Consultants say the country offers growth like nowhere else in the world, even if the environment is increasingly…
China moves to stop illegal logging trade
That includes a crackdown on countries that don’t have the will or ability to regulate rampant unregulated logging, said Fu Jinquan of China’s State Forestry Administration (SFA). China has sealed its borders against forest imports…
China Sees New Ambiguity With Donald Trump’s Taiwan Call
BEIJING — China’s leaders have been markedly reticent about what kind of leader they think Donald J. Trump will be. A pragmatic dealmaker, as his business background might indicate? Or a provocateur who tests the…
Obama blocks Chinese company's takeover of Aixtron's US business
[Photo/VCG] WASHINGTON – US President Barack Obama on Friday blocked a Chinese company’s purchase of the US business of German chip equipment maker Aixtron, despite objections from China. Obama issued an order directing China’s Fujian…
China should use part of foreign reserves to stabilise yuan
“Now is the best time to stabilise yuan currency expectations,” Sheng Songcheng, advisor to the People’s Bank of China (PBOC) said during a forum in Beijing, according to the 21st Century Business Herald newspaper. Sheng…
China's Huawei pledges long-term development, creativity and competitiveness to boost Vietnam's ITC sector
HANOI – China’s leading information and communications technology (ICT) provider Huawei Technologies Co Ltd has pledged to long-term development projects in Vietnam, said David Sun, President and Chief Executive Officer of Huawei in the Southeast…
Obama bars China's Fujian from buying Aixtron's U.S. business
Obama’s executive order barring China’s Fujian Grand Chip Investment Fund (FGC) from completing the acquisition of a German company with American assets was one of few such instances in which a U.S. president has blocked…
Trump speaks with Taiwan's president, risking China tensions
NEW YORK — President-elect Donald Trump spoke Friday with the president of Taiwan, a move that will be sure to anger China. It is highly unusual, probably unprecedented, for a U.S. president or president-elect to…
