When Olympic gymnast Li Ning founded his eponymous sportswear brand in 1990, he was a 26-year-old sportsman at a crossroads in his remarkable career. Li had won six medals at the 1984 Olympics in Los…
Monthly Archives For May 2019
How quintessentially British brand Fortnum & Mason plans to crack China
Fortnum & Mason is gearing up for the launch of its first fully owned and operated shop overseas as it gets ready to land in Hong Kong. However, the luxury grocer is treading international waters…
China rejects Trump claim U.S. tariffs are making firms leave
He added that China would continue to improve business and investment conditions for foreign companies. But foreign firms have grown weary of what they say are China’s piecemeal economic reforms. U.S. … ( read original…
China Cosmetics Market Report, 2019-2025 Featuring 5 Global and 12 Chinese Cosmetics Companies – ResearchAndMarkets.com
China’s online penetration rate of cosmetics will range at 31.4% in 2022. Online: The retail sales of cosmetics at Alibaba have grown apace, with fluctuations in recent months. Chinese brands have … ( read original…
Beijing to Raise Monthly Minimum Wage from July 1
Beijing’s monthly minimum wage for full-time employees is set to rise on July 1, 2019. On May 9, the Beijing Municipal Human Resources and Social Security Bureau announced plans to raise the city’s … (…
China rare earth firms’ stocks soar on trade war speculation
SHANGHAI (Reuters) – Shares in rare earth-related companies in China soared on Tuesday, a day after Chinese President Xi Jinping visited a rare earth firm in southern China, sparking speculation the … ( read original…
In inland Chinese province, property bubble haunts dreams of prosperity
caught up in China’s slowest economic expansion in nearly three decades. After two years of breakneck growth, property markets in provincial cities like Zhengzhou finally reached a turning point … ( read original story …)
China rebuffs Trump claim U.S. tariffs are making firms leave
He added that China would continue to improve business and investment conditions for foreign companies. But foreign firms have grown weary of what they say are China’s piecemeal economic reforms. Long … ( read original…
China Unicom Yunnan strikes partship deals with Hengtong, Ningbo Akin, Beijing Ichinae
China Unicom Yunnan has signed an agreement with Hengtong Optic-Electric, Ningbo Akin Electronic Technology and Beijing Ichinae Science & Technology. The 10-year deal covers investment in the … ( read original story …)
HSBC plans more China tech jobs in push for market share
HSBC’s expansion plan in China, a key market for the bank, comes amid growing use of technology in the financial sector – from payments to transactions. At stake is a bigger share of the ……
China’s iceberg of hidden debt shows the biggest risks in provinces dominated by local authorities and state enterprises
Its LGFVs also pay the highest yields, at 6.14 per cent. High interest costs prompted local officials to seek cheaper refinancing from China Development Bank (CDB), the biggest so-called policy bank, … ( read original…
Here’s Where China’s Debt Iceberg Shows the Biggest Risk
(Bloomberg) — In China’s financial system, the bigger the role of the state, the cheaper the funding costs. As a rule. But in one corner of the country’s $13 trillion bond market, something different ……
Cramer Remix: Be very careful with Luckin Coffee’s IPO
The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock. US eases some restrictions on China’s Huawei The U … ( read original…
