Washington (CNN)Secretary of State Rex Tillerson will tell his counterparts in China that the US is prepared to increase financial penalties against Chinese companies and banks that do business with North Korea, according to senior…
BUSINESS
These Are China’s Biggest Beer Brands
For beer companies, craft beer is where the profit is. All those imperial stouts, pale ales and spring saisons are “premium” beers that command premium prices. Craft sales have been steadily growing, too, even as…
China consumer day show skewers Nike shoes, Muji foods
SHANGHAI: China’s annual consumer rights day TV show turned its spotlight on U.S. sports brand Nike Inc for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected…
Manulife gets green light to cater to investors in China
Manulife Financial Corp has been granted a licence that will allow it to launch investment products in China through a wholly-owned local subsidiary, as Beijing further liberalizes its capital markets. Canada-based Manulife said on Wednesday…
Booking.com investing in China with confidence
Q. What do you think of China’s economic growth target of about 6.5 percent this year, amid the sluggish global recovery? What business opportunities do you see coming from sectors that will be opened to…
In China, brands scramble ahead of “315” consumer day show
SHANGHAI, March 15 (Reuters) – Chinese and global firms steeled themselves on Wednesday ahead of the country’s annual consumer rights day TV show, an evening gala from China’s state broadcaster that can have brands and…
China's Name-and-Shame TV Show Puts Household Brands on Edge
Household brands in China are bracing for the government’s version of public-service journalism — the annual program on state-run TV that uses hidden cameras to highlight what the network calls companies’ unfair practices against consumers.…
China e-commerce confusion catches Australian retailers on the hop
SYDNEY/BEIJING (Reuters) – Australian retailers and manufacturers are rejigging their business models and reviewing strategies to sell goods into China amid confusion over a threatened government crackdown on e-commerce platforms. Supermarket giant … ( read…
China's premier says no hard landing, but growth target not easy
“Almost every year I have heard a prediction of the Chinese economy having a hard landing,” Li said at his annual news conference at the end of the annual meeting of China’s parliament. “But I…
Premier: China won't devalue yuan to boost exports
BEIJING, China – China has no plans to devalue its yuan to boost exports and will keep its exchange rate stable, the country’s top economic official said Wednesday. Premier Li Keqiang’s comments follow heavy spending…
China’s O2O and What It Could Mean for Western Brands
In China, apps have transformed the mobile phone into a virtual remote control for products and services. Consumers there can order and pay digitally for products and services to be delivered. It’s called online-to-offline (O2O),…
Experian looks to capitalize as China opens up credit services market
Q: What do you think of China’s economic growth target at around 6.5% for 2017 amid the sluggish recovery of the global economy recovery? What business opportunities do you see from the services, manufacturing and…
India-China Business Forum to be held in Zhenjiang
BEIJING: An India-China business and investment will be held in China’s Zhenjiang city as part of a week-long event to showcase commercial and cultural aspects of India. The Consulate General of India in Shanghai along…
