YIWU, China/MALASZEWICZE, Poland (Reuters) – When cargo trains from China began arriving at the Polish border town of Malaszewicze almost a decade ago, they were considered a novelty – able to ship laptops and cars…
Monthly Archives For June 2018
How China is preparing for a potential trade war with the U.S.
China is stocking up its war chest for a potential trade war … and blackmail by swinging the big stick of trade protectionism,” Gao told reporters at a news conference. “The U.S. is abusing the…
Why Are Western Fashion Brands Getting it so Wrong in China?
Many Western fashion brands have made valiant attempts at entering China’s marketplace, only to slink away with their tail between their legs. In fact, it’s been estimated that 48% of foreign brands entering China will…
9 of the world’s 12 most shipped smartphone brands are from China
Nine of the world’s twelve most shipped smartphone manufacturers are headquartered in China, according to semiconductor market research firm IC Insights. The company recently updated its 2018 IC Market Drivers Report in which it documented…
China moves closer to ending mandatory animal testing for cosmetics
CFI and Chinese regulatory advisor Knudsen CRC’s pilot scheme will provide selected international beauty brands with full bureaucratic assistance to allow them to enter China without animal testing at any stage of the chain. The…
Tiffany Seen Likely to Benefit from U.S. China Trade War
The ongoing U.S.- China trade war continues to shake up markets in both countries, with many luxury brands facing rising global tariffs. However, based on a June 20 report by Financial Analyst Group Wells Fargo,…
Exporters in China’s manufacturing heartland brace for impact of US tariffs
Guangdong province in China’s south is part of the Pearl River Delta, which has become known as the world’s factory because of its tens of thousands of manufacturers that can make products faster and cheaper…
A deepening sense of unease is rippling through China’s financial markets
A deepening sense of unease is rippling through China’s financial markets. The benchmark Shanghai stock index has tumbled 20 per cent in just five months to enter a bear market. The yuan is heading for…
Connecting the World Upon Cloud: China Unicom Hosts 2018 International Partners Meeting
HONG KONG, June 26, 2018 /PRNewswire/ — On June 26, 2018, China Unicom hosted its 2018 International Partners Meeting in Shanghai. The theme of this year’s meeting is “Connecting the World Upon Cloud”. More than…
China drops tariffs on animal feed from Asian countries as U.S. dispute escalates
BEIJING (Reuters) – China will remove import tariffs on animal feed ingredients including soybeans, soymeal and rapeseed from five Asian countries, the Ministry of Finance said on Tuesday, a sign Beijing is seeking alternative supplies…
Some question if China is ready for a trade war
He couldn’t be reached for comment. China’s Finance Ministry and Commerce Ministry didn’t respond to faxed questions about the sentiments expressed in the essays. In official statements, China has remained defiant since Trump’s decision earlier…
China has unused weapons in escalating trade war: Don Pittis
“fake news,” Mnuchin tweeted that they had got the wrong end of the stick. The restrictions, he wrote, applied not just to China “but to all countries that are trying to steal our technology.” Later…
China’s Ant Financial is not looking to ‘buy’ technology, says executive
Ant Financial’s Doug Feagin says the impact on the company of a potential restriction on Chinese investment in U.S. technology companies is likely to be limited. Speaking with CNBC, Feagin said the company has built…
