HSBC will seek to cut internal bureaucracy and expand investment in China’s southern region to the rest of the country, executives at the bank said, in the first hints of the strategy to be pursued…
Monthly Archives For April 2018
China is said to be evaluating yuan devaluation as a tool in trade spat
China’s central bank didn’t immediately respond to a faxed request for comment. “It seems as if Beijing is showing the full extent of policies they could deploy in response to Trump’s protectionist rampage,” said Viraj…
People’s Bank of China Plans Wider Crackdown on Cryptocurrency
The People’s Bank of China (PBOC) is planning more draconian measures on domestic cryptocurrency operations, dashing hopes that the world’s second-largest economy would ease last year’s blanket ban on the asset class. // — Discuss…
China’s Xi promises to lower tariffs this year, open economy further
Xi also said China would raise the foreign ownership limit in the automobile sector “as soon as possible” and push previously announced measures to open the financial sector. “This year, we will considerably reduce auto…
China demands halt of U.S. arms sales to Taiwan
BEIJING (Reuters) – China said on Monday that it opposed the United States selling weapons to Taiwan, after the Trump administration approved the marketing license required for American manufacturers to sell technology to Taiwan that…
‘QVC on steroids’: China sees the rise of web video commerce
Now, as the technology matures, the third-party selling format in China that’s been rattled by government regulations and looked down upon by brands is seeing a rebirth. Through these livestream shopping shows, China’s gray market…
Top 10 developments in China for brand owners
This alert covers issues such as increasing political sensitivity, an increasingly tough online environment, an increase in the number of trademark fillings made in China, the new Chinese anti-unfair competition law, a more stringent examination…
China looks to yuan devaluation as a tool in trade war with Donald Trump
While a weaker yuan could help President Xi Jinping shore up China’s export industries in the event of widespread tariffs in the US, a devaluation comes with plenty of risks. It would encourage Trump to…
China lists $50 billion of U.S. goods for possible 25 per cent tariff
China accounted for almost 60 per cent of their exports and … WH Group, which bought Smithfield in 2013, opened a facility in the centre Chinese city of Zhengzhou to produce its brands but uses…
China’s Sinochem hires sponsors for $2 billion IPO of oil assets: sources
BEIJING/HONG KONG (Reuters … ICBC International and JPMorgan to work on the initial public offering (IPO) expected in the second half of this year, said the people. The planned IPO for the state-owned group’s unit…
China’s Sinochem hires sponsors for $2 bln IPO of oil assets
BEIJING/HONG KONG, April 10 (Reuters … ICBC International and JPMorgan to work on the initial public offering (IPO) expected in the second half of this year, said the people. JPMorgan declined to comment. Sinochem and…
China’s Xi Urges Taiwan Business Community to Shun Independence
BEIJING — Chinese President Xi Jinping called on Taiwan’s business community on Tuesday to shun any idea of independence for their island and to promote peace and stable ties with the mainland, state media reported.…
China’s Xi promises to cut auto import tariff, warns against ‘Cold War’ mentality
“We will take the initiative to expand imports,” Xi said during his keynote speech at the opening of the Boao Forum for Asia, China Plus News reported. “China does not seek trade surplus; we have…
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