HONG KONG (Reuters) – Maoyan Entertainment, China’s top movie-ticketing platform by sales that is backed by Tencent, priced its Hong Kong IPO at the bottom of an indicative range to raise $250 … ( read…
BUSINESS
Explainer: Key Issues, implications of U.S.-China trade talks
WASHINGTON (Reuters) – U.S.-China trade talks will reach a pivotal phase this week when Chinese Vice Premier Liu He comes to Washington for negotiations with his U.S. counterparts, U.S. Trade … ( read original story…
China’s industrial profits shrink again in Dec. on weak prices, demand
BEIJING (Reuters) – Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by slowing prices and weak factory … ( read original story…
China’s Dec. industrial profits shrink again on weak demand, trade headwinds
BEIJING (Reuters) – Earnings at China’s industrial firms shrank for a second straight month in December on slowing prices and sluggish factory activity, piling more pressure on an economy in the … ( read original…
Chinese Whispers: Valentino Appoints Chinese Menswear Brand Ambassador, and More
In “Chinese Whispers,” we share the biggest news stories about the luxury industry in China that haven’t yet made it into the English language. In this week’s edition, we discuss: Valentino’s new Chin… ( read…
China’s confident and carefree Generation Z spend over US$7,000 a year on luxury goods
“We don’t know if they’ll grow up to be successful but we do know that they are already a significant spending force that consumer brands must pivot towards.” China’s Generation Z landed in an unusual……
Hyundai Is the Latest Car Manufacturer to Scale Back in China
South Korean Hyundai and affiliated Kia together were the third largest selling car brands in China in 2016. But sales were so low in 2018 that the companies’ joint ventures used only half their ……
Manny Pacquiao’s Anta apparel proves there’s money to be made for Chinese brands in the West despite trade war concerns
in addition to a major economic slowdown in China. Li-Ning, perhaps the biggest of the Chinese sportswear manufacturers, were reported to be preaching caution about this year when asked. “Our market i… ( read original…
Mastercard says plans to apply for China license to clear card payments
SHANGHAI (Reuters) – U.S. payments card company Mastercard Inc said on Friday it still plans to apply for a bankcard clearing license in China and was in “active discussions” to explore solutions. ( read original…
China confident of keeping 2019 growth within ‘appropriate range’
SHANGHAI (Reuters) – China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of challenges, state news agency Xinhua reported … ( read…
With trade wars and slowing global economies, it may be a bad time to be an international brand
Amid a lack of tangible progress in trade talks between the U.S. and China, growing tensions around the world, as well as slowing economies, some on Wall Street are sounding the alarm that major inter……
China to step up economic stimulus in slowdown fight
BEIJING (Reuters) – China will take steps to spur growth amid a trade war with the United States, but there is limited room for aggressive stimulus in an economy already laden with massive debts and…
China May Change IPO Pricing After Scrapping Debut Trading Cap
China’s securities regulator may consider changes to the current pricing mechanism of initial public offerings after removing the first-day trading cap, according to a senior official. “I think the di… ( read original story …)
