The invite from the private banking unit of China Construction Bank, the country’s second-largest state-owned lender, offered participants the chance to take photos with Mr Trump and mingle with US political and business figures. It…
Monthly Archives For May 2018
Standard Bank and ICBC Celebrate 10 Years of Partnership
Stanbic Bank and the Industrial and Commercial Bank of China (ICBC) have celebrated ten years of partnership by hosting a high level Business forum for members of the Ugandan/China Business community. ICBC, the world’s biggest…
A Chinese State Bank Offered Dinner With Trump for $150,000. The Trump Campaign Was Not Amused
China’s second-largest state-owned bank offered wealthy clients the opportunity to have dinner with the American president for $150,000 a ticket, spurring a complaint from Donald Trump’s re-election campaign to the U.S. Department of Justice. (…
China’s $116B Cross-Border Market Shows Sustained Potential For Grocery, Beauty, Healthcare Brands
Chinese shoppers continue to flock to Western brands—but they are not just seeking out aspirational names in fashion and technology. Millions of China’s shoppers are also looking to buy everyday items such as food and…
China denies it has offered a $200 billion package to slash U.S. trade gap
BEIJING (Reuters) – China denied on Friday that it had offered a package to slash the U.S. trade deficit by up to $200 billion, hours after it dropped an anti-dumping probe into U.S. sorghum imports…
Morning Brief: China denies offering to cut US trade gap by $200B
Read More China denies it offered package to slash U.S. trade gap by … [Bloomberg] For more of the latest news, go to Yahoo Finance Like what you just read? Get the Morning Brief sent…
China stands to gain in Iran after US quits nuclear deal
“In 2012-2013, Iran opened accounts in local currencies in buying countries that it then used to finance imports,” said Barclays analyst Michael Cohen in a note. “If China, India, Japan and South Korea do not…
Chinese bank staff offered dinner and photos with Trump for $150,000
An invitation emblazoned with the logo of the China Construction Bank Corp (CCB)(0939.HK) (601939.SS) circulating on the Weibo social media platform, offered high-net-worth clients the opportunity to attend a May 31 dinner in Dallas to…
China ends US sorghum anti-dumping probe, OKs Toshiba deal
News reports said China was also offering to cut its trade surplus with the U.S. by $200 billion, citing unnamed U.S. officials, but a China’s Foreign Ministry denied it. “It’s untrue,” said spokesman Lu Kang.…
Exclusive: Toyota plans to roll into China’s EV market in GAC Motor vehicle
Ford is waiting for regulatory approval for its partnership, which calls for designing and manufacturing several jointly developed no-frills EVs and selling them through a new China-only brand. It wasn’t immediately clear which parts of…
China denies it offered package to slash U.S. trade gap by $200 billion
BIG TARGET Getting to a $200 billion reduction of the U.S.-China trade deficit on a sustainable basis would require a massive change in the composition of trade between them, and the news had been met…
China Unicom sets up industrial internet unit in Xiongan New Area
China United Network Communications Group Co, the country’s second-largest mobile carrier by subscribers, has established a new unit in the Xiongan New Area, as part of its broader push to help build it into a…
China halts U.S. sorghum dumping probe amid signs of trade thaw
News of China’s offer of trade concessions and increased purchases of American goods came during the first of two days of U.S.-China trade talks in Washington focused on resolving tariff threats between the two countries.…
