SHANGHAI/HONG KONG (Reuters) – Guo Jiaxi is typical of a new generation in China that is driving a sharp revival in luxury spending: young, female and unafraid to spend. An accountant in eastern Suzhou, Guo,…
BUSINESS
U.S. firms bullish on prospects in China
Companies from the United States doing business in China are becoming more optimistic about China-U.S. business ties despite the possibility of restrictive trade actions from the Trump administration, a new survey said on Tuesday. According…
China factory activity slows to 8-month low on softer demand
Foreign demand for China’s manufactured exports was elevated ahead of Christmas but slowed in January, said senior statistician Zhao Qinghe of the National Bureau of Statistics, which released the data on its website. The PMI…
China January factory growth dips to 8-month low as pollution war bites
The data, which gives global investors their first look at business conditions in China at the start of 2018, reinforced the view that the economy is beginning to gradually lose steam after growing by a…
China January factory growth dips to 8-month low
The data, which gives global investors their first look at business conditions in China at the start of 2018, reinforced the view that the economy is beginning to gradually lose steam after growing by a…
Hong Kong stocks fall for third day as US declines outweigh 18 months of expansion in China manufacturing
Hong Kong stocks fell for a third day on Wednesday, after an overnight rout in US equities – spurred by a jump in treasury yields – offset a gauge showing that China’s manufacturing industry had…
China publishes general PMI to better track economy
China’s statistics authority … A reading above 50 indicates expansion and below reflects contraction. Business activity in the two sectors was previously tracked by two separate indices published monthly, which the NBS said “lacks a…
On China visit, Britain’s May focused on post-Brexit future
May is accompanied by 50 British business leaders, including the chief executives of … “There are huge trade opportunities in China that we want to help British businesses take advantage of,” May said ahead of…
Chinese smartphone giant Xiaomi expected to launch Hong Kong IPO in September
Xiaomi, the Chinese smartphone maker, is said to be aiming for an initial public offering (IPO) in Hong Kong in September to raise funds as it embarks on a global expansion drive. The Beijing-based company…
China likely to retaliate against Donald Trump’s trade actions
Ross said during the release of AmCham’s business climate survey. The survey showed showed that three out of four US companies feel they are less welcome in China. Beijing’s regulatory barriers and unfair treatment of…
China will act if Trump hits out on trade, American business group warns
Chinese officials plan to take aim at U.S. companies if President Trump inflicts tariffs, a key American business lobby warned Tuesday, potentially veering both countries toward a trade war that could cripple global markets. The…
China is offering long-term visas to select foreigners to boost its economy
According to the visa requirements set out by the State Administration of Foreign Experts Affairs, foreigners who excel in the fields of science, technology, business or sport can apply for an extended work visa for…
U.S. businesses optimistic on China growth, bemoan unfair treatment
BEIJING (Reuters) – U.S. companies are more confident China will further open up to foreign investment in coming years, a top business lobby said on Tuesday, but it cautioned that an “astounding” three-quarters of its…
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