Chinese and US envoys sparred at the World Trade Organisation on Monday over US President Donald Trump’s claims that China steals American ideas, the subject of two lawsuits and a White House plan to slap…
Monthly Archives For May 2018
China’s New Financial Sector Reforms: Will They Go Far Enough?
Earlier this year, Chinese President Xi Jinping pledged that the country will accelerate the opening up of its financial sector in a series of “landmark” measures to be launched in 2018. They include fast-tracking foreign…
Trump renews China tariff threat, complicating talks
China had complained strongly that the ban would put ZTE out of business, costing 70,000 jobs. Trump tweeted last month that the ban threatened too many Chinese jobs and he wanted to get the company…
Days after declaring trade war with China on hold, Trump administration revives threats of tariffs
President Trump issued a memorandum on the tariffs in March, after U.S. Trade Representative Robert Lighthizer issued a lengthy report about China’s long practice of coercing U.S. companies to give up their technologies and trade…
Beijing is mobilising its forces against foreign influence laws
In all the commotion around China in recent days, the true importance of Andrew Hastie’s speech in Parliament has been lost. Hastie was defending free speech against Beijing’s use of “lawfare”. Hastie noted that Chinese-Australian…
Trump’s China tariffs could be imposed in June
Critics had accused the administration of going soft on China after Treasury Secretary Steven Mnuchin said tariffs were on hold while the two sides continue trade talks. But the White House said on Tuesday that…
China central bank aims to expedite drafting of regulations for financing of small businesses
BEIJING (Reuters) – China’s central bank will speed up the drafting of financial regulations that govern the financing of small businesses, Central Bank Governor Yi Gang said on Tuesday, as part of wider efforts to…
American Brands Are Bullish On Retail Expansion In China
American retailers are heading east: They’re opening the doors to brick-and-mortar stores in China, while listing on China’s dueling marketplaces — Tencent and JD.com. Walmart, for example, brought a small-format supermarket to the city of…
Wise Up: The Big Mistakes Luxury Brands Are Making With China’s Gen Z
But retailers are making a host of mistakes, China experts warn, from confusing Gen Z with millennials to missing the current mania for limited-edition luxury to picking the wrong celebrity endorsements. Too many brands are…
Top 100 Global Brands: China Continues Stellar Growth in Latest Rankings
Over the past 12 years, China’s overall brand value has grown 1,444%. Millward Brown has released its latest BrandZ ranking for 2018. And while Google and Apple hold on to the two top spots, Amazon…
China’s central bank chief tamps down expectations of liberalising country’s financial industry
The People’s Bank of China Governor Yi Gang, two months after stepping into the shoes of the country’s longest-serving central bank chief, has sought to play down the expectations of a financial industry hankering for…
China’s Ant Financial raises $10 billion at $150 billion valuation: Sources
Ant Financial has raised $10 billion from a clutch of global and local investors, five people with direct knowledge of the matter told Reuters. The amount and investor line-up are finalized and the transfer of…
In Portugal, trust in China is the art of the deal
LISBON (Reuters) – Utility company EDP may balk at the meager 5 percent premium offered for its shares by China Three Gorges (CT) but the battle for Portugal’s biggest business has largely played out already.…