Chinese citizens called out many brands in anger for their products that listed Hong Kong as an independent country, instead of explicitly labelling them as parts of China. Versace and other brands, … ( read…
BUSINESS
China’s yuan falls to fresh 11-year lows on trade war worries, despite state bank support
China’s yuan fell to fresh 11-year lows on Thursday amid worries about the deepening Sino-U.S. trade war, despite support from major state-owned banks in both the spot and forwards markets. Spot yuan … ( read…
China warns U.S. tariffs will ‘escalate trade friction’
China appealed to Washington on Thursday to “meet each other halfway” and settle a trade war instead of going ahead with planned tariff hikes Beijing warned will trigger retaliation. Exporters are … ( read original…
Is Towngas China Company Limited’s (HKG:1083) CEO Being Overpaid?
Peter Wong became the CEO of Towngas China Company Limited (HKG:1083) in 2007. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar … ( read original…
World of Internet Coin helps China to enter the Internet of Things 2.0 era
and comprehensively create the era of China’s Internet of Things 2.0. View photos It is reported that on the third Internet AI+ Blockchain Summit Forum in China, BOHUI CHEN, Dean of the Asian … (…
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
In 2016, Daimler’s then head of its truck business told German media that it planned to make Mercedes Benz-branded Actros heavy trucks in China by the end of the decade. No details of the plan…
Trump: ‘I am the chosen one’ to take on China over trade
reducing consumers’ purchasing power and boosting the cost of business investment. Real income for the average U.S. household was also expected to drop by 0.4 per cent, it said. Trump on Tuesday told … (…
China Plans to Introduce New Crypto to Rival Bitcoin, Say’s Analyst
An influential officer of the PBoC at the meeting of China finance 40 groups had declared China’s intention to introduce a sovereign crypto asset. The declaration of this proposed introduction … ( read original story…
Daimler to make Mercedes Benz-branded heavy trucks in China, sources say
In 2016, Daimler’s then head of its truck business told German media that it planned to make Mercedes Benz-branded Actros heavy trucks in China by the end of the decade. No details of the plan…
Can Wilmar’s China IPO mitigate the negative impact of African Swine Fever?
SINGAPORE (Aug 21): The African Swine Fever is spreading fast among the pig population in Asia and showing no signs of abating. Initially, famers in Asia thought they could contain the virus by … (…
‘You prepare for war’: how one U.S. firm tried escaping Trump’s China tariffs
HONG KONG (Reuters) – When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop elsewhere would be a slog rather than an adventure. ( read…
Trump acknowledges China polices may mean US economic pain
WASHINGTON – President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important long-term benefits. He … ( read original story …)
Recycling ‘crisis’ leaves Cosmo Industries in the red after China’s crackdown on foreign waste
While China builds its own domestic market, foreign shippers are suffering financially without the return they used to rely on. “It’s an unprecedented attack on recycling,” said Ken Gryschuck, manager … ( read original story…
