“To be honest, Chinese enterprises buying Canadian oilsands enterprises are actually incurring (a) loss,” Ambassador Lu Shaye told the Canada China Business Council on Wednesday, according to a copy of his speech. “Canadian oilsands is…
BUSINESS
Trade minister courts China for softwood as US announces duties on Canadian lumber
… experienced China watchers say Canada needs a coherent plan to meaningfully engage with China, and has to avoid sporadic overtures of interest in doing business there when it runs into trouble with the United…
Air China says Beijing green-lights ownership reforms of cargo business
SHANGHAI Air China Ltd has received the green light from Beijing to push ahead with mixed-ownership reform of its air freight logistics business, the firm said late on Friday, signaling a potential shake-up of China’s…
China’s booming grubby business of doctoring peer reviews for medics and scientists
“Ghost” agencies that help doctors and academics publish research papers by providing them with phoney peer reviews have become a booming industry on the mainland. The clients of these shady agencies include researchers at top…
China Inc’s supreme dealmaker takes up one more challenge
You need to provide them support, and give them training,” said Peng. “Because I was dealing with very grass roots, small businesses, it helped me understand business in China better.” That personal touch continues with…
China's Enduring Desire For 'Brand Australia'
As China’s regulation of foreign brands sold through e-commerce evolves, there’s concern among Australian investors that some consumer goods companies are overexposed in the vast and growing market. However, China remains a huge opportunity for…
China to loosen JV ownership restrictions for foreign automakers
BEIJING — China has provided the clearest indication to date that it plans to lift the cap on how much foreign carmakers can own of their local joint ventures, putting pressure on Chinese automakers to…
China clamps down on excess steel as Japan decries Trump ‘protectionism’
Twenty-nine Chinese steel firms have had their licenses revoked as Beijing kept up its campaign to tackle overcapacity in the sector and days after U.S. President Donald Trump said he would open a probe into…
Ivanka Trump's brand focused on China during 2016 campaign
SHANGHAI –Ivanka Trump’s brand intensified its work in China as her father closed in on the Republican nomination for U.S. president, with her company applying for nearly twice as many trademarks in a five-month span…
Retail brands from China defying stereotype to set up shop in Singapore
“Our quality is good, that’s why our prices are not low-end,” said Yishion general manager Raymond Shen. The retailer sends all its clothing to quality control labs in China before shipping it. (The Straits Times/Feline…
Eyeing U.S. market, Chinese automaker may change Trumpchi brand name
The company says any similarity between the brand name and that of the U.S. president was unintentional. Working from similar sounds to the Chinese name, GAC came up with “trump” for being the best and…
China Defends Its Handling of the Ivanka Trump Brand's Trademark Application
“That’s a slippery slope that may require her or Jared to step out of the room”. Barriers to investment remain high, the American Chamber of Commerce in China said, despite China’s attempts to project an…
Manufacturers in China ‘ill-prepared for Industry 4.0’ says McKinsey report
Chinese manufacturers are not well prepared to brace for the coming wave of digitalisation to narrow the gap with advanced economies, McKinsey & Company suggest in a report . McKinsey sent the warning when it…