including health insurance for the parents of employees in a country where children often care for aging family members. “We have built a business here in China over 20 years,” Johnson said. “We have built…
BUSINESS
China does not want to see escalation in Sino-U.S. trade tension
China hopes the U.S. will take action as soon as possible on … U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled it,…
On Trade, the U.S. and China Consider the Unthinkable: Breaking Up
For example, Mr. Trump’s proposed tariffs will not touch the consumer electronics industry, in an acknowledgment that the business of making iPhones and Xboxes will stay in China for the foreseeable future. Foxconn, a Taiwanese…
The Contours Of A China-U.S. Agreement
Recent events have shed some light on a likely China-U.S. agreement fairly soon. Key to such was Trump’s order for ZTE’s sanctions to be lightened so that it can remain in business. In return, he…
Starbucks aims to triple China revenue by 2022
Starbucks Corp is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in…
Xiaomi’s Real IPO Killer Just Arrived From Beijing
Xiaomi Corp.’s IPO killer just arrived on the scene. China Tower Corp., a telecommunications construction firm that’s owned by the country’s three state operators, is following in the smartphone seller’s footsteps, applying to go public…
Breakingviews- Tangled loyalties complicate China Tower IPO
HONG KONG (Reuters Breakingviews) – China Tower could have communication issues with investors. The world’s biggest mobile-mast company has filed a prospectus for a Hong Kong float, which Reuters says could raise $10 billion. China’s…
BrandZ Top 75 Most Valuable Global Retail Brands 2018
Amazon, McDonald’s & Alibaba top BrandZ’s Top Most Valuable Global Retail Brands inaugural ranking in 2018. China’s JD.com and Suning also make the cut. The most valuable retail brands in the world are growing their…
Aussie brands look beyond Chinese marketplaces
Azoya Consulting and Frost & Sullivan surveyed 1,000 cross border shoppers in China and 100 international brand owners in Australia, New Zealand, the US, Canada and Europe for their new report assessing the size and…
China Tower Files for Hong Kong IPO, May Raise $10 Billion
China Tower Corp., the state-owned wireless infrastructure operator, filed for an initial public offering in Hong Kong that could match the city’s biggest since 2010. While the world’s largest telecom tower service provider didn’t give…
Soft China April investment, retail sales suggest economy losing steam
Sino-U.S. trade frictions have yet to show an impact on China’s economy, the statistics bureau said. But while April exports and imports were surprisingly solid, business surveys point to a sharp weakening in export order…
China’s Emerging Factory Brands Threaten the Luxury Market
In China, who is and isn’t a copycat is open to interpretation. While many brands are actively struggling to clear counterfeit items from Chinese e-commerce sites, NetEase is now working directly with the manufacturers for…
Trump tweet brings sense of relief, uncertainty at China’s ZTE
posted on Twitter that he and Chinese leader Xi Jinping are working together to give ZTE “a way to get back into business, fast.” He added that he had asked his Commerce Department to “get…
