BEIJING — China has lifted an import ban on beef from Brazil after Brazilian authorities promised to block shipments by producers at the centre of a product quality scandal, a foreign ministry spokeswoman said Monday.…
BUSINESS
Saudis Invited China’s Sinopec To Invest In Aramco IPO
Saudi Aramco has invited China’s Sinopec to take part in the upcoming initial public offering (IPO) of the Saudi oil company planned for next year, the Chinese firm’s chairman Wang Yupu said on Monday. China…
Why Apple Is Letting Oppo and Vivo Win in China
During 2016, both brands — subsidiaries of BBK Electronics — surpassed Apple’s (NASDAQ:AAPL) iPhone in terms of unit sales in China. Last week, Oppo and Vivo founder Duan Yongping talked about how Oppo and Vivo…
American Airlines in negotiations to buy stake in China Southern
proposed issue of shares of the company and other business cooperation,” the Guangzhou-based operator said in a stock exchange filing on Sunday. Shares of China Southern will resume trading in Hong Kong on Monday. They…
Travel Brands Climb on List of China’s Most Valuable Brands
In the latest ranking of China’s most valuable brands, Chinese travel brands are among the biggest winners in year-over-year change in brand value. Ctrip, China’s leading online travel marketplace is one of the big winners,…
China’s Zhonghong Zhuoye buys SeaWorld stake from Blackstone
SeaWorld Entertainment Inc said China’s Zhonghong Zhuoye Group Co. Ltd. would buy Blackstone Group LP’s stake in the embattled U.S.-based marine park operator, sending SeaWorld’s shares up 10 per cent in morning trading on Friday.…
Next stop China: how small businesses can tame the dragon
Investigate major market trends, seek customer feedback and watch the competition. Groups like the EU SME Centre publish sector specific guides, the China-Britain Business Council (CBBC) has a business in China handbook, and private research…
China urges Australian business to focus on the ideas boom
Chinese business leaders say they are keen to work more closely with Australian companies on research and development projects, urging both countries to look outside the traditional trade relationship and to capitalise on the “ideas…
Canada joins China-backed Asian infrastructure bank
The bank has does not limit participation to members. Joining, however, carries other benefits, said John Gruetzner, a Canadian business consultant with extensive experience in China, and co-founder of the Ottawa-based China Policy Centre. It’s…
Business with China only sometimes a deal-breaker for Trump
Anthony Scaramucci announced to the world in January that he would be leaving Wall Street for the White House to become President Donald Trump’s top public liaison. Not long after, Scaramucci was told by Trump’s…
China tells cornerstones to bring money home in blow for smaller HK IPOs: sources
HONG KONG China has made it mandatory for mainland cornerstone investors in Hong Kong IPOs to repatriate funds when they sell their shares, a rule likely to hit smaller, cornerstone-reliant listings, four people with knowledge…
Big brokerage IPO requires faith in Chinese reform
China’s second-biggest brokerage is expected to raise $2 billion … Shares in recently listed peers Orient and Everbright, for example, trade below their IPO price and underperform the benchmark Hang Seng Index. On the other…
China business confidence index rises in Q1 – cbank survey
BEIJING, March 21 Business confidence among entrepreneurs in China improved in the first quarter of 2017 from the fourth quarter last year, according to a survey by the People’s Bank of China published on Tuesday.…
