The news was announced today following an earlier report by dbHK that DBR Lafite had ended its exclusivity with its longtime partner in China ASC Fine Wines. The addition of the two popular volume ……
BUSINESS
Speyside Distillery ups production following China distribution deal
Luzhou Laojiao will also distribute the distillery’s Spey and Beinn Dubh brands in China, where sales of Scotch whisky continue to surge. Owners Speyside Distillers said the deal will place the … ( read original…
China Aircraft Leasing says has not put Boeing 737 MAX order on hold
SHANGHAI (Reuters) – China Aircraft Leasing Group Holdings Ltd (CALC) on Tuesday said it has not put its order for 100 Boeing Co 737 MAX jets on hold nor had it suspended payment, rebutting an…
Out-of-sync and out-performing China markets lure foreign inflows
Just as investors come to terms with a bleak outlook for global growth and earnings, with weak German industrial and trade data just the latest portents of gloom, China’s economy may be … ( read…
Apple, luxury brands drop prices in China on VAT cut
BEIJING (Reuters) – Apple and luxury labels such as Gucci have lowered their prices in China after a cut in its value-added tax (VAT) rate came into effect from April 1. Beijing said last month…
U.S. said to set 2025 target for China to fulfill trade pledges: Morning Brief
Constellation Brands (STZ) will be reporting fourth-quarter earnings ahead … Read more U.S. said to set 2025 target for China to fulfill trade pledges: The trade deal that the U.S. and China are … (…
China’s March forex reserves rise to seven-month high
The tide may also be turning for China’s economy, with business surveys showing March manufacturing activity returned to growth, suggesting months of government stimulus measures are starting to take … ( read original story …)
Survey: CEOs worry China trade relations could be ‘rocky’ for foreseeable future
A new survey shows executives that do business in the United States and China are “cautiously optimistic” about the future of their businesses — but they worry a trade deal between the two countries ……
China keeps gorging on California pistachios despite tariff threat
Shipments to China fell by about a third in February. It’s too early to tell if that February dip is concerning or just a blip. For now, American farmers are hoping it’s business as usual.…
U.S., China key to GSK’s consumer venture with Pfizer
“U.S. and China are must-win markets … the-counter products – after agreeing the deal with the consumer health business that Pfizer tried, and failed, to sell previously. ( read original story …)
Trump Says ‘Epic’ China Trade Deal Is Near Completion, but Hang-Ups Remain
The United States has pressed China to make commitments on purchasing American goods, opening markets to foreign business and increasing protections for foreign intellectual property in a bid to … ( read original story …)
China March new bank loans seen rebounding, further easing expected: Reuters poll
But given the lag time between credit growth and actual business expansion, analysts believe China will need to loosen policy further in coming months to ensure a sustained economic turnaround. The … ( read original…
China says invited to join FAA panel on Boeing 737 Max
BEIJING (Reuters) – China’s aviation regulator has been invited to join the U.S. Federal Aviation Administration’s (FAA) review panel on the Boeing 737 MAX, an official at the regulator said … ( read original story…
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