In a filing to the Hong Kong exchange, the company said the gain mainly came from selling land at the former Kai Tak airport site in Hong Kong as well as property development projects in…
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The US-China trade war has begun – a shooting war could be next
A trade war broke out Friday between the U.S. and China, when the U.S. imposed tariffs on $34 billion in Chinese products and China slapped tariffs on and equal amount of U.S. products. President Trum……
Two US warships sail through Taiwan Strait amid China trade war: officials
The development was first reported by Taiwan News. There was no immediate response from U.S. Pacific … which has been patrolling the South China Sea in recent weeks. The U.S. Navy opted not to send…
Saudi Aramco’s $2 Trillion Zombie IPO
Delaying the IPO beyond 2019—or even shelving it—would be a setback … The problem isn’t just Washington, Beijing, and New Delhi. Moscow, which for the last two years has supported the Saudis in boos… (…
China says open for trade with east Europe as clash with U.S. ramps up
China has promised billions of dollars for development projects in the region as part of its Belt and Road strategy to carve out new export markets. More than 1,000 business people from China and cent……
China just slammed massive tariffs on $34 billion worth of US goods — here’s what will get hit
China responded to US President Donald Trump’s tariffs with trade restrictions of its own on Friday. The Chinese tariffs will apply to $34 billion worth of US exports to China. The list of goods affec……
Dueling tariffs raise fears of long U.S.-China trade battle
Erin Ennis, senior vice president of the U.S. China Business Council, said there was a danger the two sides will dig in on trade sanctions, without a clear strategy for resuming negotiations. While U. ……
U.S. tariffs take effect on $34B in Chinese imports as Beijing announces retaliation
The United States hiked tariffs on Chinese imports Friday and Beijing announced it was retaliating against American goods in a technology dispute between the world’s two biggest economies that U.S. Pr… ( read original story…
China eyes expanded business ties with Eastern Europe amid EU concerns
SOFIA (Reuters) – Chinese Premier Li Keqiang will offer the leaders of central and eastern Europe on Saturday expanded business ties at a summit in Sofia while seeking to reassure the EU that Beijing ……
Daimler gets green light for self-driving vehicle tests in Beijing
BEIJING (Reuters) – China’s capital city has given the green light to German auto maker Daimler AG to test self-driving cars on real roads, making it the first international car maker to be granted su……
Ford slides deeper into China rut after worst ever first half vehicle sales
LMC Automotive senior market analyst Alan Kang said one reason Ford is struggling in China is “fiercer competition” in the car market there, where luxury brands are suffering amid the rise of local Ch… (…
Trade War Aside, Yum China Stock Is Ready to Fall Right Here and Now
In 2016, global fast food giant Yum! Brands, Inc. (NYSE:YUM) split its business into two: Yum China Holdings Inc (NYSE:YUMC) and Yum operations everywhere else. Since then, Yum China stock has been th… ( read…
The Future of E-tail: Setting up Shop on China’s Online Marketplaces
Editor’s note: For luxury brands looking to break into China’s lucrative e-commerce market, the dense ecosystem can prove a minefield. Labels face the challenge of remaining exclusive and luxurious, w… ( read original story …)
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