China’s retail sales is expected to grow at a slower-than- anticipated pace and would now overtake the United States only in 2021 as the trade war between Beijing and Washington takes a toll on ……
Monthly Archives For June 2019
G20 Osaka summit could be game changer if China, Japan explore BRI possibilities
It seems the days when Japanese brands were hotly favored in the Chinese market are gone. However, tangible signs still exist of strong trade and investment ties between the two East Asian economies. … (…
China Fertility IPO Gains As More Couples Have Trouble Reproducing
Shares in Jinxin Fertility Group rose 8.7% on their debut at the Hong Kong Stock Exchange today on expected growth in demand in China and around the world for assisted reproductive services, or ARS. ……
China Unicom to build 5G networks on Belt and Road
(MENAFN – Asia Times) China Unicom, one of the three telecom giants in China, will push forward with the construction of 5G telecommunication infrastructure globally, particularly in Belt and Road … ( read original story…
Walmart China Takes on Food Safety with VeChainThor Blockchain Technology
VeChain’s blockchain technology is enabling Walmart China to implement a traceability strategy for products and pioneer the large-scale application of blockchain traceability. By scanning the desired … ( read original story …)
Discover Beijing’s quirky tourist attractions – from a century-old bathhouse to VR theme park
Beijing is famous for its imposing historical landmarks like the Forbidden City and the Great Wall of China, and other must-see attractions such as Tiananmen Square. But for those who want to venture … (…
China criticizes possible US penalties against banks
The newspaper said the court didn’t identify the banks but their details fit the identities of Bank of Communications, China Merchants Bank and Shanghai Pudong Development Bank. “We consistently … ( read original story …)
Luxury Brands In China Embrace WeChat
Luxury brands are increasingly using chat app WeChat in China to reach customers and sell big-ticket items, according to a report by TechCrunch. Brands like Bulgari, Cartier and Louis Vuitton are on … ( read…
After Wrangler Spinoff, VF Taps Alibaba for China Expansion
Taobao Mall was subsequently rebranded as Tmall and has become an important tool in getting foreign brands to market in mainland China, Hong Kong, Macau, and Taiwan. Tmall is now China’s largest … ( read…
Tariffs weighing on manufacturers’ optimism, survey shows
The trade group reported that multiple companies said tariffs on imports from China were a concern. Manufacturers are affected by tariffs on components as well as finished products. In many industries … ( read original…
An Instant Pot will cost $38 more in the U.S. if Trump goes ahead with new China tariffs
China, or U.S. customers and companies? Corelle, which makes Pyrex and other kitchen products, agreed to merge with Instant Pot’s owner, Instant Brands Inc., earlier this year. The company is … ( read original story…
China hoping Trump-Xi meeting will help bridge differences
BEIJING — China hopes a meeting later this week between President Donald Trump and his Chinese counterpart Xi Jinping will help build trust and resolve “outstanding issues,” a foreign ministry … ( read original story…
Shenzhen Bus Group Honoured for Outstanding Achievement in Green Transportation
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190625005489/en/ Electric bus fleet of Shenzhen Bus Group (Photo: Business Wire) During the … ( read original story …)
