Perhaps the biggest group to adopt the practice is the beauty industry. A study by consumer research group L2 showed that two-thirds of beauty brands in China held live streaming events on Tmall, and many…
Monthly Archives For June 2018
China regulator Safe revealed as controller of 5% stake in EDP
CNIC is a Hong Kong-registered business majority owned by Safe, the central regulator responsible for managing China’s foreign reserves. Corporate records reviewed by the Financial Times showed that Safe, along with state-controlled China Reform Holdings…
Trump threatens almost all imports from China as Beijing fires back
The growing U.S. trade conflict with China hit financial markets hard, and Beijing vowed a firm response. It accused the United States of “extreme pressure and blackmailing” and vowed to retaliate after Trump on Monday…
Cosmeceuticals on the rise in China: What should brands do?
As the cosmeceuticals sector is carving out a unique name for itself and strong reputation with shoppers, we look at the attitudes impacting these trends and challenges that brands should strive to overcome to boost…
Trump determined to hit China as tit-for-tat tariff war erupts
China has underestimated President Donald Trump’s resolve to press ahead with tariffs unless Beijing changes its “predatory” trade practices, a top U.S. trade adviser said on Tuesday, in comments that undercut the chances of a…
China central bank says bank reserve ratios should be cut, fuels easing talk
BEIJING (Reuters) – China should cut banks’ reserve requirement ratios (RRR) to help ease their burdens, the central bank said in a working paper on Tuesday, fanning expectations of an imminent policy move as its…
China slams U.S. ‘blackmailing’ after Trump makes new trade threat
BEIJING/WASHINGTON (Reuters) – China accused the United States on Tuesday of “extreme pressure and blackmailing” and vowed to retaliate after U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of…
Explainer: What can Beijing do if China-U.S. trade row worsens?
BEIJING (Reuters) – China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese…
Soybeans are tumbling as Trump ratchets up trade fight with Beijing
Soybeans were down more than 2% Tuesday. China promised to retaliate if the Trump administration imposed additional tariffs on the country. Follow soybeans in real time here. Soybeans tumbled Tuesday after President Donald Trump threatened…
China blasts new U.S. tariff threat, warns it will retaliate
BEIJING — China on Tuesday threatened “comprehensive measures” in response to U.S. President Donald Trump’s new tariff hike, raising the possibility Beijing might target operations of American companies. Trump’s announcement fueled fears that economic ……
China central bank says banks’ reserve ratios should be cut, fuels talk of easing
BEIJING (Reuters) – China should appropriately cut banks’ reserve requirement ratios (RRR) to help ease their burdens, the central bank said in a working paper on Tuesday, fanning expectations of an imminent policy move to…
Oil falls as flaring U.S.-China trade dispute blunts risk appetite
LONDON (Reuters) – Oil fell on Tuesday as an escalating trade dispute between the United States and China unleashed sharp selloffs in many global markets. The crude price was also dented by expectations that producer…
China accuses U.S. of ‘blackmailing’ as Trump targets $200B in tariffs
It was retaliation, he said, for China’s decision to raise tariffs on $50 billion in U.S. goods, which came after Trump announced similar tariffs on Chinese goods on Friday. “After the legal process is complete,…
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