“Baijiu belongs to China, but also the world,” says Su Wanghui, information director at Luzhou Laojiao, one of the country’s biggest and oldest brands. “We hope to have people around the world try … (…
BUSINESS
US companies’ message to Donald Trump: Don’t expand China tariffs
A New Hampshire fireworks company says it would have to raise prices, likely lose business and force some small towns to cancel their Fourth of July fireworks displays. A Minnesota motorcycle maker … ( read…
China Is Mad at UBS. Welcome to Emerging Markets
State-owned China Railway Construction Corp. has decided against hiring UBS as a joint global coordinator on a dollar-bond sale, Cathy Chan of Bloomberg News reported Monday. Haitong International … ( read original story …)
China Railway Construction says won’t work with UBS on dollar-bond sale
global chief economist at UBS’s wealth management business since 2016, in a podcast on Wednesday which was then transcribed and posted on the bank’s website. It has since been taken down. In the … (…
Stocks slip as investors eye chipmakers, Chewy IPO
Broadcom also disclosed that sales to Chinese smartphone-maker Huawei alone contributed $900 million in revenue for the company, or about 4.3% of total fiscal 2018 revenue. Shares of Broadcom fell … ( read original story…
China Traders Reassess Counterparties After Bank Seizure
according to a report from 21st Century Business Herald, citing unnamed institutional investors. That is in response to the fact that China’s seven-day and 14-day “overall interbank market” pledged … ( read original story …)
In Duisburg, China expands trade influence in Germany
Rüken says the new language option will close a gap in the market and help to “portray a realistic image [of China]. By learning Chinese, students will be able to see things as they are.…
Canadian farmers are collateral damage of China-U.S. feud
But it’s hard to reconcile this glass-half-full narrative with the recent run of bad news down on the farm. There is China’s indefinite ban on Canadian canola seed imports and restrictions on various … (…
Chinese Government Releases Blockchain-Based Platform for Paying Bills
The Chinese government together with Alipay is rolling out a blockchain-based platform for paying bills, a first for the Zhejiang province. Currently only available in Zhejiang, the platform will be … ( read original story…
China approves three new IPOs
BEIJING, June 16 (Xinhua) — China’s securities regulator has approved the initial public offering (IPO) applications of three companies. Guangdong-based MARUBI Biotechnology Co., Ltd, Zhejiang-based … ( read original story …)
Economist’s ‘pig’ quip sets China abuzz
Was the furore in China — amplified by outraged state media and a local … Local rivals of UBS, which have been trying to wrest business from more established Western wealth managers, were quick to…
Why Apple, Nike, Budweiser, and Starbucks all need to worry in China
As the trade war between the U.S. and China drags on, more American companies have said they are attempting to shift some of their production out of China, from Google to GoPro to Nike to…
Problems with China Crush Canada Goose (TSX:GOOS): Can the Stock Recover?
Since the trade tensions began, we’ve seen the effect of slower than expected growth in China on top-notch brands like Apple. Tech companies are on edge as the fallout from the boycott of Korean giant…
