Prime Minister Justin Trudeau says China is “inventing excuses” to block imports of Canadian canola. Speaking at a press conference Friday with French President Emmanuel Macron, Trudeau used his … ( read original story …)
Monthly Archives For June 2019
China has tools to handle trade war: central bank chief
China’s central bank chief said Friday the country has plenty of policy tools left to handle the trade war with the United States. There is “tremendous” room to counter the deepening trade war, People ……
The US just quietly challenged China on something Beijing promised to go to war over
President Donald Trump has engaged China in a trade war that has global markets holding their breath, but his administration recently challenged Beijing on an issue Chinese officials have promised to … ( read original…
Trade war clouds outlook as finance chiefs meet in Japan
U.S. Treasury Secretary Steven Mnuchin, who has headed trade talks with Beijing along with U.S. Trade Representative Robert Lighthizer, was due to meet with Yi Gang, governor of China’s central bank, … ( read original…
China bank chief notes ‘tremendous’ room to adjust policy room if trade war worsens
China has “tremendous” room to adjust monetary policy if the trade war with the U.S. deepens, People’s Bank of China Governor Yi Gang said. “We have plenty of room in interest rates, we have plenty…
How luxury brands are appealing to young buyers on Instagram
Marketing investments are just one factor separating luxury brands riding high on demand from markets like China and those struggling to make a mark, with product designs and funkier store strategies … ( read original…
Postal Savings Bank of China bullish on equity investments
BEIJING (Reuters) – Postal Savings Bank of China said on Thursday it will raise the proportion of equity investments in its holdings, a move that indicates a further shake-up of country’s capital … ( read…
China’s black market for TVs darkens big brands’ sales picture
GUANGZHOU — Black-market televisions are undermining Chinese TV sales, pulling down prices and increasing the chances of a shakeout among the numerous brands competing in the country. By value … ( read original story …)
China’s Megvii Might Postpone IPO
Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. The company was planning to launch … ( read…
Property construction set to underpin China’s steel demand in Q3
China’s property sector looks set to be the country’s major driver of steel demand in the third quarter as domestic manufacturing continues to struggle and infrastructure growth is unlikely to … ( read original story…
Why Chinese Brands are Winning the Streetwear Game
However, a new fashion trend has emerged from China that’s starting to steal the limelight: domestic streetwear brands. In 2018, market research company Nielsen reported that Chinese consumer spending … ( read original story …)
China wants to pressure the US economy, but the finance sector is probably safe from Beijing
Technology, rare earth minerals and the education sector have been dragged into the scuffle between China and the U.S., but as Beijing considers more countermeasures, experts say that America’s … ( read original story …)
Manufacturers Are Considering Leaving China. But It Isn’t All Because of the Trade War
Tariffs are Washington’s weapon of choice in its trade war against Beijing. The U.S. has levied 25% fees on up to $250 billion worth of goods imported from China, forcing manufacturers to either … (…