Law expects Thailand to become more popular among Chinese buyers this year as the China-US trade war cools interest in US property as regulatory and other risks rise. But there are other factors which ……
Monthly Archives For January 2019
Chinese Whispers: Valentino Appoints Chinese Menswear Brand Ambassador, and More
In “Chinese Whispers,” we share the biggest news stories about the luxury industry in China that haven’t yet made it into the English language. In this week’s edition, we discuss: Valentino’s new Chin… ( read…
John McCallum fired as ambassador to China amid diplomatic crisis
“Last night I asked for and accepted John McCallum’s resignation as Canada’s Ambassador to China,” Prime Minister Justin Trudeau said in a statement Saturday. A spokesperson for the prime minister con… ( read original story…
McCallum out as Canadian ambassador to China after comments on Meng extradition
“Last night I asked for and accepted John McCallum’s resignation as Canada’s ambassador to China,” Trudeau said in a statement on Saturday. “For almost two decades, John McCallum has … ( read original story …)
China’s confident and carefree Generation Z spend over US$7,000 a year on luxury goods
“We don’t know if they’ll grow up to be successful but we do know that they are already a significant spending force that consumer brands must pivot towards.” China’s Generation Z landed in an unusual……
Hyundai Is the Latest Car Manufacturer to Scale Back in China
South Korean Hyundai and affiliated Kia together were the third largest selling car brands in China in 2016. But sales were so low in 2018 that the companies’ joint ventures used only half their ……
Manny Pacquiao’s Anta apparel proves there’s money to be made for Chinese brands in the West despite trade war concerns
in addition to a major economic slowdown in China. Li-Ning, perhaps the biggest of the Chinese sportswear manufacturers, were reported to be preaching caution about this year when asked. “Our market i… ( read original…
China names banking veteran to head securities regulator amid shaky markets
SHANGHAI/HONG KONG (Reuters) – China has appointed banking veteran Yi Huiman to head the China Securities Regulatory Commission (CSRC), putting governance of the nation’s stock markets in his hands at … ( read original story…
Mastercard says plans to apply for China license to clear card payments
SHANGHAI (Reuters) – U.S. payments card company Mastercard Inc said on Friday it still plans to apply for a bankcard clearing license in China and was in “active discussions” to explore solutions. ( read original…
China Names ICBC’s Yi as Head of Securities Regulator
Yi, 54, will replace Liu Shiyu, who ran the China Securities Regulatory Commission for three years, state-run Xinhua News Agency reported Saturday, citing a decision by the State Council. People’s Ban… ( read original story…
China Deletes ‘Malicious’ Mobile Apps
BEIJING — China’s cyber watchdog said on Thursday it has deleted close to 8,000 “malicious” mobile apps, as regulators step up efforts to tighten control over the country’s internet. The Cyberspace Ad… ( read original…
China Names ICBC Banking Veteran to Head Securities Regulator
SHANGHAI (Reuters) – China has appointed banking veteran Yi Huiman to head … He’s “pragmatic and knows how to run giant ICBC,” said a Beijing-based ICBC banker who works under Yi and is familiar ……
China confident of keeping 2019 growth within ‘appropriate range’
SHANGHAI (Reuters) – China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of challenges, state news agency Xinhua reported … ( read…
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