“He seems deadly serious about taking on China in a broad economic confrontation irrespective of the consequences to the U.S. economy.” The new tariffs largely affect business equipment but also $40 … ( read original…
BUSINESS
Top 10 most valuable Chinese brands
Alibaba takes the crown of China’s most valuable brand, with its value surging 59 percent year-on-year to $141 billion. It’s followed by Tencent and the Industrial and Commercial Bank of China, which … ( read…
C Beauty: online beauty disrupters use influencers to reach Gen Z Chinese proud of made-in-China products
Yet, in China, the cosmetics brand is to influencer circles what Glossier or Kylie Cosmetics is to Instagram – a direct-to-consumer disrupter with a devoted online audience. Hedone, a digital-native … ( read original story…
Social Media: WeChat Bans Users From Crypto Trading
China has not been very friendly towards crypto and businesses involved in crypto. This has included action from governments like banning of ICOs, to internet companies actively trying to push out … ( read original…
U.S. and China at impasse over trade, Larry Kudlow says new tariffs will remain
The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any … ( read…
Inside China Tech: Explaining the blockchain revolution in China and how it’s changing global banking
with Edith Yeung, a venture capitalist, technology executive and expert on China’s internet economy who has just launched a blockchain-focused venture capital fund, Proof of Capital. Yeung explains … ( read original story …)
Chinese brands set to move up the value chain
Performers demonstrate how a traditional Chinese dress shop runs during an event of the third China Brand Day in Shanghai. GAO ERQIANG/CHINA DAILY More efforts should be made in the globalization of … ( read…
U.S.-China talks break up after U.S. raises tariffs
“China deeply regrets that it will have to take necessary countermeasures,” a Commerce Ministry statement said. U.S. business groups appealed for a settlement that will resolve chronic complaints … ( read original story …)
China, U.S. to hold more trade talks as Trump ratchets up tariff threat
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to … ( read…
China’s Car Slump Drags On as Consumers Wait for Incentives
Global Brands Big global manufacturers that have an established brand following and more buyers in China’s cities have thus far fared better than smaller local contenders. Customers for cheaper … ( read original story …)
Uber begins trading nearly 7 per cent below its IPO price
The IPO price on Thursday came in at the lower end of Uber’s targeted … Jitters about an intensifying U.S. trade war with China have also contributed to the caution. All major indexes down at…
U.S.-China talks resume briefly after US hikes China tariffs
The latest U.S. increase might hit American consumers harder, said Jake Parker, vice-president of the U.S.-China Business Council, an industry group. He said the earlier 10% increase was absorbed by … ( read original story…
Trump claims China will pay for tariffs — but the burden falls on U.S. businesses, consumers
China is the fourth largest export market for … as 0.4 per cent if Trump expands the taxes to all Chinese imports, as business confidence slumped and financial conditions tightened. ( read original story …)
