BEIJING — China’s yuan sank to a 10-year low against the U.S. dollar on Monday, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan declined to 6.9644 per…
Monthly Archives For October 2018
China’s yuan sinks to 10-year low against dollar
BEIJING — China’s yuan sank to a 10-year low against the dollar on Monday, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan declined to 6.9644 per doll……
Is Halloween a Missed Opportunity for Luxury Brands in China?
The spirit of Halloween is once again sweeping through the US, but in China, the holiday has been slow to catch on. Because of this, few luxury brands have fully embraced the spooky spirit over…
Many U.S. firms in China eyeing relocation as trade war bites: survey
a business survey showed on Monday. U.S. companies operating in China believe they are suffering more from the trade dispute than firms from other countries, according to the poll by the American … ( read…
China’s OnePlus, backed by Qualcomm and T-Mobile, launches smartphone in U.S
But the OnePlus alliance, to be announced today in New York, shows how many U.S.-China business relationships … fit for fifth-generation (5G) mobile technology using Qualcomm chips. ( read original story …)
China signals intent to boost Antarctic access with proposed new airstrip
A report in the official newspaper of the Ministry of Science and Technology of the People’s Republic of China said the airfield is expected to be completed in a couple of years and will be…
Global banks curb China travel after UBS private banker stopped from leaving
HONG KONG (Reuters) – Several global banks including Citigroup (C.N) and Standard Chartered (STAN.L) have asked their private banking staff to postpone or reconsider travel to China after … ( read original story …)
Japan needs China’s business and pacified US-China relations
An increase in Japan’s exports to China was key to the country’s entirely export-driven 1 percent growth in the first two quarters. But all that could be an easily reversible work-in-progress because … ( read…
China 2025 Plan Remains a Stumbling Block as Trump Meeting Looms
(Bloomberg) — China’s state-sponsored push to dominate technologies of the future looms as one of the biggest stumbling blocks to prospects for resolution to the U.S. trade war. Officials from both s… ( read original…
How China’s rampant intellectual property theft, long overlooked by US, sparked trade war
Imbi Plaza, a 1970s-era shopping mall on the fringe of the Bukit Bintang area of Kuala Lumpur, is a good place in which to start understanding how the United States and China came to be…
China’s Byton eyes IPO to fund expansion – Automobilwoche
Chinese electric carmaker Byton may launch an initial public offering to fund growth, Carsten Breitfeld, its chief executive and co-founder, told Germany’s Automobilwoche. “With the capital-intensive … ( read original story …)
Sieren’s China: Economic slowdown as Beijing hits the brakes
China is experiencing its weakest economic growth since the global financial crisis of 2008. Since the root causes are homemade, this is not an insurmountable problem, says DW’s Frank Sieren. Once aga… ( read original…
As China Mobile (CHL) Market Valuation Rose, Lazard Asset Management LLC Upped Its Position
Lazard Asset Management Llc increased its stake in China Mobile (CHL) by 13.63% based on its latest 2018Q2 regulatory filing with the SEC. Lazard Asset Management Llc bought 2.83 million shares as the … (…