China’s foreign ministry has reacted angrily to an alarming report published by the U.S. Department of Defense, which warned that Beijing’s modernizing military could pose a threat to the United State… ( read original story…
BUSINESS
Swiss watch brands brace for slowing Chinese demand
Investors are on edge over a softening economic backdrop in China, and weak Chinese trade data on Monday sent shares in luxury goods companies that rely heavily on Chinese customers tumbling. Some bra… ( read…
British Lotus cars to be ‘Made in China’ at new Geely plant: documents
BEIJING/SHANGHAI (Reuters) – The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion ……
Will Luckin Coffee prove a good IPO bet?
Chinese startup Luckin Coffee is reportedly seeking an IPO in Hong Kong this year, even as global coffee chain giant Starbucks has warned of a slowdown in the China market. Targeting a similar custome… (…
Xiaomi, once dubbed the ‘Apple of China,’ has lost 40% of its value since its IPO last year
Xiaomi, founded in 2010 in Beijing, rose to impressive market share among global … The company’s six-month lockup period following its IPO just expired, ushering in a wave of sales by early investor… ( read…
China needs to pay a heavy price for its treatment of Canadians
The editor of China’s state-controlled Global Times has said that “Arresting Meng Wanzhou is bringing terrorism to state and business competition.” That is the over-the-top spirit of the Chinese state … ( read original story…
Why Expansion Into China Is a Big Risk for Tim Hortons
and the brand recognition will likely give it a good head start once it launches its first store. The company hopes to start building stores in China soon, although it’s unclear when we might see…
China province looks to boost shopping with longer weekend
A province in China may give workers Friday afternoon off as part of wider efforts to boost consumption in the country’s slowing economy. Hebei province is considering extending the weekend “in areas … ( read…
The world’s most closely watched China analyst explains the ‘5-second indicator’ that’ll tell you when the country’s financial crisis is over
Business Insider interviewed the star China debt analyst Charlene Chu about the hottest debate in Chinese economics right now — whether the country’s slowdown is due to its trade war with the US or to…
China approves large new hydroelectric project on the Yangtze river
China has approved construction of one of its tallest dams, a 239-meter hydroelectric structure on the upstream section of its longest river, the Yangtze, the state planning agency said on Tuesday. Hy… ( read original…
Sinopec Wins Cabinet Approval for IPO of Retail Unit
The oil giant first proposed a listing in 2014, when it sold a stake in the unit to a group of investors including China Life Insurance Co. and billionaire Guo Guangchang’s Fosun International Ltd. “T……
The Opportunities and Challenges of “Intelligent Manufacturing in China”: Insights from the Global China Brands Annual Forum Hosted by Co.group
At this year’s Consumer Electronics Show (CES), more than a quarter of the 4,500 exhibitors were from China, and more and more Chinese brands are gaining worldwide recognition for intelligent manufact… ( read original story…
China’s exports shrink most in 2 years, raising risks to global economy
China’s exports unexpectedly fell the most in two years in December, while imports also contracted, pointing to further weakness in the world’s second-largest economy in 2019 and deteriorating global … ( read original story …)
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