China’s worst car-market slump in a generation is forcing manufacturers and dealers to resort to generous discounts and loan offers to lure buyers, as the slowdown hits automakers’ profits. Incentives … ( read original story…
BUSINESS
The end of China’s growth miracle
Reported housing sales are down in major cities. China’s huge goods trade surplus was a key driver of its business growth over the past two decades, but that trade surplus had diminished even before t……
After explosive growth in China, Vancouver fashion designer plans home run in Canada
She just didn’t expect to find that success in China. But now that she’s established herself among businesswomen in the vast Asian country, she is making her grand return to Canada where she once stru……
Growing China downdraft chills Asia factory activity
TOKYO (Reuters) – Weak demand in China and growing global fallout from the Sino-U.S. trade war took a heavier toll on factories across much of Asia in February, business surveys showed on Friday. ( read…
China’s fledgling junk bond market spawns new breed of vulture funds
The risky but potentially lucrative business of trading in bonds on the verge of default is in its infancy in China, almost as new as the phenomenon of corporate defaults in the state-run economy. (…
China’s JD.com teams up with Farfetch to attract luxury shoppers
Foreign brands have struggled to crack China’s fast-moving online world alone, which has pushed them to try out partnerships with local players. Chinese e-commerce firms, meanwhile, lack the … ( read original story …)
Starbucks’ China rival Luckin Coffee taps three banks for U.S. IPO: sources
HONG KONG (Reuters) – Chinese startup Luckin Coffee, which has ambitions to overtake Starbucks at home this year, has tapped three banks including Credit Suisse to work on a U.S. IPO in 2019, said peo……
HK regulator suspends former China brokerage exec for IPO sponsor guidelines breach
HONG KONG, Feb 27 (Reuters) – Hong Kong’s financial watchdog has suspended the licence of a former senior banker at China Merchants Securities (CMS) for breaching its code of conduct about initial … ( read…
A bad U.S.-China trade deal might lead to good things for the WTO
This will mean focusing on reforming the WTO so that it can better address the challenges that China’s current state-driven approach to economic development presents for foreign firms doing business w… ( read original story…
Maple leaf and hockey sticks: Tim Hortons shrugs off the politics to go all-Canadian in China
People were wrapping around the block. So I think it was a good day.” The China expansion is out of the Restaurant Brands International Inc. playbook. RBI, which owns Tim Hortons, Burger King … (…
China Merchants Securities : HK regulator suspends former China brokerage exec for IPO sponsor guidelines breach
HONG KONG (Reuters) – Hong Kong’s financial watchdog has suspended the licence of a former senior banker at China Merchants Securities (CMS) for breaching its code of conduct on initial public offerin… ( read original…
China plans new state pipeline company in massive energy reshuffle
director of energy policy research at University of International Business and Economics in Beijing. China is the world’s second-largest oil consumer and third-largest natural gas user, but its 133,00… ( read original story …)
Tim Hortons bets on Canadian branding in China despite current political tensions
People were wrapping around the block. So I think it was a good day.” The China expansion is out of the Restaurant Brands International Inc. playbook. RBI, which owns Tim Hortons, Burger King … (…