Both auto production and sales declined in April due to a decrease in demand and higher sales tax, data from the China Association of Automobile Manufacturers (CAAM) showed Thursday. A total of 2.08 million vehicles…
Monthly Archives For May 2017
China April vehicle sales down 2.2 pct y/y -industry association
the China Association of Automobile Manufacturers (CAAM) said on Thursday. That compares with a 4 percent increase in March and 22.4 percent growth in February. In the first four months of 2017, sales grew 4.6…
Peak Releases China's First 3D Printed Running Shoes
BEIJING, May 12, 2017 /CNW/ — On May 8 2017, leading professional sports brand Peak released its first 3D printed running shoes, “FUTURE I,” in Beijing, China, which are being sold on Tmall at the…
Jordan Brand makes history by signing China’s Guo Ailun
GUO Ailun says he has “visualised playing like Michael Jordan” since he was a child. Now the Chinese basketball star has taken a small step towards deepening his connection with his hero after Jordan Brand…
Haval SUV brand launches in NZ
READ MORE: Why Haval’s new H6 SUV will make people say the C word “Since the launch of our first SUV in China in 2002, Haval has become the No.1 SUV manufacturer in the world’s…
Chinese regulator greenlights 10 IPOs
BEIJING, May 13 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved the IPO applications of 10 companies. The companies will raise no more than 6.2 billion yuan (899 million U.S. dollars), a statement…
China launches emergency probe on banks to check risky lending: sources
SHANGHAI China’s banking regulator this week launched emergency risk assessments of lenders’ new business practices, sources told Reuters, as Beijing deepens its crackdown on shadow banking. Guo Shuqing, the newly-installed chairman of the China Banking…
Singapore's Wilmar pursues China prospects with renewed listing plan
China is Wilmar’s biggest market … Angeline Chin, a Malaysia-based analyst with TA Securities, said the potential IPO “definitely will be bigger than 2009” and that besides raising money for expansion, a listing in the…
UPDATE 1-U.S., China reach deals on access for beef, financial services
WASHINGTON/BEIJING May 11 The United States and China will expand trade in beef and chicken and increase access for financial firms, as part of a plan to reduce the massive U.S. trade deficit with Beijing,…
Foreign business groups push for delay in controversial China cyber law
BEIJING Overseas business groups are pushing Chinese regulators to delay the June 1 implementation of a controversial cyber law that mandates strict data surveillance and storage for firms working in China, saying the rules would…
China and the Developmental State Model
At the university, she serves as the Vice President of the Organization of Asian Studies. She works for the US-China Business Council as an intern in the Communications and Publications Department. ( read original story…
China, US reach agreement on beef, poultry and natural gas
WASHINGTON — China will finally open its borders to U.S. beef while cooked Chinese poultry is closer to hitting the American market as part of a U.S.-China trade agreement. Trump administration officials hailed the deal…
There's one part of this Trump-China deal that slaps a bunch of his supporters in the face
White House Chief Strategist Steve Bannon listening to President Donald Trump. AP Photo/Evan Vucci One part of the trade deal with China that President Donald Trump announced on Thursday is a total slap in the…