BEIJING — Deepening a trade battle and sending financial markets spinning, China announced Monday it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. … ( read…
Monthly Archives For May 2019
Stocks sink again as China retaliates on tariffs
Futures pointed to an almost 500-point fall at the open for the Dow Jones Industrial Average index, with Apple Inc down 3.8 per cent and chipmakers and manufacturers exposed to China taking a hit. (…
China pushes back at U.S. tariffs with new 25% levy of its own
Regulators have started targeting American companies in China by slowing down customs clearance for shipments and issuance of business licences. Officials appeared to be studying the potential impact … ( read original story …)
Beijing defies Trump warning not to retaliate in trade war
US markets were set to plunge Monday morning after China announced a fresh set of tariffs on $60 billion worth of US goods, hours after President Donald Trump warned the nation against retaliating … (…
Foreign fast fashion brands face falling sales in China
A Forever 21 store in Shanghai. Photo: Xie Jun/GT A growing number of foreign fast fashion brands that used to fill the wardrobes of young Chinese have been going out of style. On Thursday afternoon,…
Acorn International Signs Agreement with China Partner to Deliver Western Content and Brands for Large-Scale Arts and Culture Project in China
Acorn’s Acorn Entertainment division to collaborate with China partner under the guidance of the Cultural Department of Zhejiang Province SHANGHAI, May 13, 2019 /PRNewswire/ — Acorn International … ( read original story …)
Chinese brand Moutai launches in Tanzania as Pinda calls for more investments
He said national brands such as Hitachi, Panasonic, Coca-Cola, and Renmao began to advertise and promote their business cultures in mainland China. To-date, the companies have not only changed Chinese … ( read original story…
Top 10 Most Valuable Brands in Tourism Industry, Chinese brands climb the rankings
The fastest-growing brand in the ranking also comes from China. Happy Valley almost doubled its brand value in a single year (up 97% to US$2.0 billion). Savio D’Souza, Valuation Director at Bran … ( read…
China auto sales slump continues in April
Sales fell to 1.98 million last month, according to figures from the China Association of Automobile Manufacturers (CAAM). Fuelled by rising incomes and government sales incentives, China in … ( read original story …)
China smashes counterfeiting ring that sold hard drives: Report
SHANGHAI: Chinese police have seized more than 210,000 hard drives produced by a counterfeit ring that sold them as brand-name items from the likes of Hewlett Packard Enterprise and IBM, the Xinhua … ( read…
Sun Life CEO Dean Connor on growth in China (despite Huawei) and new benefits that cover transgender procedures
When Sun Life Financial Inc. reported its latest quarterly results last … But tensions over the Vancouver arrest of Huawei’s CFO have chilled Canada-China relations. Has that made it more difficult … ( read original…
China says it will ‘never surrender’ as U.S. trade row heats up
China will never surrender to external pressure, the government said on Monday, though stopped short of announcing how Beijing will hit back after Washington renewed its threat to impose tariffs on … ( read original…
Companies bracing for China’s retaliation in tariffs dispute
Regulators have been targeting American companies in China by slowing down customs clearance for shipments and processing of business licenses. Officials appeared to be studying the potential impact … ( read original story …)
