Yuyuan’s China JV with the Italian jeweler aims to open over 10 Damiani flagship and around 100 Salvini stores in the next 5 years. ( read original story …)
Monthly Archives For July 2020
WHO advance team on way to China to set up probe into virus origin
An advance team from the World Health Organization (WHO) has left for China to organise an investigation into the origins of the novel coronavirus which sparked the pandemic, a spokeswoman said on … ( read…
Tech giant Tencent makes peace with China’s ‘old godmother’
Chinese tech giant Tencent said it has made peace with the country’s best-known chilli oil maker Lao Gan Ma, after an advertising scam that bewildered many and generated a public relations nightmare. ( read original…
China Starts Taxing Its Citizens for Global Income
China has started tracking down some of its citizens living abroad to collect taxes, surprising expatriates who never had to pay levies back home on overseas income, according to people familiar with … ( read…
China bank lending hits record $1.72 trillion in first half after solid June
New bank lending in China rose 22.3% in June as authorities continued to boost credit and ease policy to get the world’s second-largest economy humming again after a sharp coronavirus-induced … ( read original story…
China June new bank loans rise to 1.81 trillion yuan, beat forecast
Chinese banks extended 1.81 trillion yuan (£205.11 billion) in new yuan loans in June, up 22% from May and slightly exceeding analysts’ expectations. ( read original story …)
China bank lending hits record $1.73 trillion in first half after solid June
New bank lending in China rose 22.3% in June from May as authorities continued to boost credit and ease policy to get the world’s second-largest economy humming again after a sharp coronavirus-induced … ( read…
China auto sales off 22.4% in first half of 2020
China’s auto sales rose 1.8% in June over a year earlier but were down by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group…
China vows retaliation against US sanctions over Xinjiang
China said Friday it will retaliate against U.S. officials and institutions following Washington’s imposition of sanctions on three local officials of the ruling Communist Party over human rights … ( read original story …)
Surging truck sales boost China’s auto sector revival in June as economy upshifts
Auto sales in China rose 11.6% in June from a year earlier to 2.3 million units, driven largely by strong demand for trucks and other commercial vehicles as Beijing ramps up infrastructure spending to ……
Swedish court finds ex-envoy to China not guilty in Gui Minhai case
A Swedish court on Friday found a former ambassador to China not guilty of exceeding her authority in dealings with a foreign power in connection with a meeting aimed at helping free bookseller Gui ……
WHO Experts in China to Begin Investigation of Coronavirus Origins
The last WHO coronavirus-specific mission to China was in February, after which the team’s leader, Canadian doctor Bruce Aylward, praised China’s containment efforts and information-sharing … ( read original story …)
Cash flows into China funds fuel fears of 2015 boom-bust repeat
Investors poured the most cash into China funds since July 2015, BofA said on Friday, even as fears grew of a repeat of the 2015-16 bubble that saw the benchmark Shanghai index fall more than…
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