* CHINA MINSHENG FINANCIAL TARGETS $1 BILLION ‘BLANK CHEQUE’ FUND- FT * CHINA MINSHENG FINANCIAL TO INVEST IN SPECIAL PURPOSE ACQUISITION COMPANIES TO MEET PENT-UP DEMAND FOR IPOS – FT Source … ( read original…
Monthly Archives For December 2018
China Development Bank to finance eight Airbus aircraft purchases for HNA
BEIJING (Reuters) – The aviation leasing arm of China Development Bank said it will finance eight Airbus A330 purchases for airlines affiliated to debt-laden HNA Group and that the jets will be delive… ( read…
Economic chill dulls Chinese appetite for some luxury brands
That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90 billion a year on jewelry, clothes and other high-end goods. The industry already is … (…
Chinese brands wrest edge in FMCG sector
[Photo by Yu Fangping/For China Daily] In China’s fast-moving consumer goods or FMCG sector, digitalization, New Retail and targeted product launches are increasingly giving Chinese brands a clear edg… ( read original story …)
Overseas sports brands enjoy golden age in China
Overseas sports brands are enjoying a golden age in China with the country’s rapidly burgeoning sports sector fueling their business. On Wednesday, German sporting goods company adidas opened a new br… ( read original story…
China’s Tencent Music presses play on US$1.2 billion US IPO
Tencent Music Entertainment launched its hotly-anticipated US initial public offering (IPO) of up to US$1.2 billion on Monday after global stock markets were boosted by a truce brokered by US and Chin… ( read original…
China’s biggest streaming-music service reveals the details for its US IPO
Tencent Music Entertainment filed with the Securities and Exchange Commission on Monday to set the price for its US initial public offering — one day after President Donald Trump and Chinese … ( read original…
China’s thirst for high-end beer fuels Canadian barley surge
A new variety of barley grown in Canada’s Prairies helped flavour this beer, and brewers anticipate that the kernels will one day end up in shipments to meet China’s increasing thirst for premium ales ……
FOCUS-Earn after reading: China news app lures with clickbait and cash
BEIJING/SHANGHAI, Dec 4 (Reuters) – Cai Li, a janitor in Shanghai, developed a serious addiction to news app Qutoutiao, lured by gossipy articles about celebrities and the cash she gets from reading t… ( read…
If helping China hunt fugitives is the price of stemming deadly fentanyl flow, should Canada pay?
For the past week, the Global News investigative series Fentanyl: Making a Killing has untangled the web of how fentanyl is flooding into Canada from China through the use of money laundering by … (…
White House hails China trade truce as skeptics raise doubts
Many companies have already switched their purchases from China to another country to avoid the potential 25% tariff. “The question is, what happens at the end of 90 days?” Gold asked. Nicholson repor… ( read…
China central bank chief says will keep monetary policy flexible
SHANGHAI (Reuters) – China’s central bank will keep monetary policy flexible … firming 1 percent against the U.S. dollar as weary Chinese markets welcomed news of the trade ceasefire. It gained anot… ( read original…
China media welcomes U.S. trade truce, markets surge
China and the United States agreed to halt new … which was not addressed by the Chinese government’s top diplomat at a news conference in Buenos Aires on Saturday night. In July, Qualcomm … (…
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