SOFIA (Reuters) – Chinese Premier Li Keqiang will offer the leaders of central and eastern Europe on Saturday expanded business ties at a summit in Sofia while seeking to reassure the EU that Beijing ……
Monthly Archives For July 2018
Daimler gets green light for self-driving vehicle tests in Beijing
BEIJING (Reuters) – China’s capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real roads, making it the first international car maker to be granted su……
Ford slides deeper into China rut after worst ever first half vehicle sales
LMC Automotive senior market analyst Alan Kang said one reason Ford is struggling in China is “fiercer competition” in the car market there, where luxury brands are suffering amid the rise of local Ch… (…
Trade War Aside, Yum China Stock Is Ready to Fall Right Here and Now
In 2016, global fast food giant Yum! Brands, Inc. (NYSE:YUM) split its business into two: Yum China Holdings Inc (NYSE:YUMC) and Yum operations everywhere else. Since then, Yum China stock has been th… ( read…
The Future of E-tail: Setting up Shop on China’s Online Marketplaces
Editor’s note: For luxury brands looking to break into China’s lucrative e-commerce market, the dense ecosystem can prove a minefield. Labels face the challenge of remaining exclusive and luxurious, w… ( read original story …)
Last Call: Tivoli Sues Montucky Cold Snacks Over Brand Rights; Trump Trade War with China Escalates
As Denver-based Tivoli Brewing prepares to shut down its distribution business in the next month or so, the company has also filed a lawsuit against one of its suppliers, Montucky Cold Snacks, over th… (…
News today: US-China trade war, Thai cave, Chris Brown
Here’s what you might have missed Friday on CNN: — As China accuses the US of starting “the biggest trade war in economic history,” the effects of the new tariffs are already being felt in…
As tariffs strike, China blames U.S. for ‘largest-scale trade war’
while also damaging U.S. farmers who stand to lose revenues and potentially driving up food prices in China. In the run-up to Friday, there was no sign of renewed negotiations between U.S. and Chinese ……
US-China trade battle kicks off; markets take it in stride
business partners, and increasingly competitors. It also is rooted in the clash between American notions of free trade and Beijing’s state-led development model. China’s ruling Communist Party has ins… ( read original story …)
A major factor behind the US-China trade war is winning at a $12 trillion technology — 5G
Trade tensions between the U.S. and China escalated Friday after months of threats over billions of dollars of tariffs. While products from soybeans to cars will likely get wrapped up in the spat, a k……
Some of the biggest names in Chinese technology
Washington accuses Beijing of trying to build its own tech champions by stealing or pressuring foreign companies to hand over technology. Here are some of China’s biggest names in telecoms equipment, … ( read original…
Deutsche Bank shares spike on report of interest from JPM and ICBC
and Industrial and Commercial Bank of China (ICBC) (601398.SS) may be interested in taking a stake. Business weekly WirtschaftsWoche, citing regional government sources, also said Chancellor Angela Me… ( read original story …)
China central bank governor says China to deepen financial reform
HONG KONG (Reuters) – China central bank governor Yi Gang said on Friday the country will continue deepening financial reform and opening-up as its economy has entered a stage of “new normal”. China h… (…