in yet another sign of the growing economic toll exerted by slowing global demand and the bitter U.S.-China trade war. Big non-manufacturers’ business sentiment improved slightly from three months ago … ( read original story…
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UPDATE 3-Apple moves Mac Pro production to China from U.S. – WSJ
The move comes at a time when the Trump administration has threatened to impose new levies to cover nearly all imports from China and pressured Apple and other manufacturers to make their products … (…
How Art Saves the Malls — Lessons from China
This practice has led to a new type of innovative retail-exhibition that’s giving Chinese consumers luxury brands in the form of art. China in the 2010s was the perfect playground for luxury brands to ……
Demand for Hong Kong developer Wing Tai’s Oma Oma project pushes residential property sales to ‘one of the best weekends this year’
News of a truce in the year-long US-China trade war has lifted sentiment and boosted confidence, and could signal the beginning of a shift in market mood. “Property sales will probably continue to … (…
China To Dominate Concentrated Solar Power Renaissance
there is hope that the technology will be more widely adopted in a hurry. In fact, Greentech goes on to say that “CSP deployment is set to rise in China this year, making a rebound…
Cebu Pacific launches direct Manila-Shenzhen flights
Manila, Philippines — Good news, jetsetters! Philippine low-cost airline, Cebu Pacific launches direct flight from Manila to Shenzhen. Manila-Shenzhen Flights will run four times weekly every Monday, … ( read original story …)
China’s factory activity shrinks as U.S. tariffs, slowdown impact orders
An official business survey showed activity in China’s services sector held firm in June despite growing pressure on the broader economy from U.S. trade measures, with the official reading at 54.2 in … ( read…
Trump revives China talks with tariffs truce, break for Huawei
Sign up here. The U.S. and China declared a truce in their trade war on Saturday, as Donald Trump said he would hold off imposing an additional $394 billion (US$300 billion) in tariffs and the…
China’s exporters welcome trade war truce, but worry about long-term outlook
China-based manufacturers have welcomed the news of a truce … Leo Zhu, a lawyer focused on international trade and intellectual property protection at Zhejiang Chession Law Firm, said the suspension … ( read original story…
China central bank will keep liquidity ample, yuan stable
BEIJING (Reuters) – China’s central bank said on Thursday it will use various monetary policy tools to keep liquidity reasonably ample and deepen market-based interest rate reform to keep the yuan … ( read original…
Hong Kong protests: Thousands rally in support of police and Beijing
Tens of thousands of pro-Beijing protesters are rallying in support of the police in Hong Kong. The demonstrators, dressed in white and blue and waving Chinese flags, oppose the anti-extradition … ( read original story…
China to Ease Ownership Rules on Oil Exploration, City Gas
(Updates with encouragement list in eighth paragraph, China PMI in fifth.) –With assistance from Qi Ding. To contact Bloomberg News staff for this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net … ( read original story…
US-China trade ‘back on track’: no new tariffs on exports, says China’s foreign ministry
Financial markets were likely to welcome the news. “Returning to negotiations is good news for the business community and breathes some much needed certainty into a slowly deteriorating relationship,” … ( read original story …)