Analysts say the fast-track application is the latest sign that Beijing is determined to bolster domestic listings of big technology firms. “This quick pace of arranging an IPO has never been seen before on the…
BUSINESS
Beauty Brands in China Tap into the Power of Father’s Day
In China, the celebration of Father’s Day has become a mainstream phenomenon in recent years. Luxury brands are taking advantage of the opportunity for a new shopping festival, with many releasing marketing campaigns on major…
China hikes tariffs on U.S. soybeans, electric cars, fish
China’s heavily regulated economy also gives the ruling Communist Party additional options for retaliation by withholding approval for business activity. Anti-monopoly regulators are believed to have delayed announcing a decision on U.S. tech giant ……
China fires back at Trump with tariffs on US goods, says it’s time to end ‘outdated and regressive behavior’
President Donald Trump on Friday announced tariffs on $50 billion worth of Chinese goods. China’s Ministry of Commerce said the country would respond with equal tariffs on US goods. The Chinese government also urged Trump…
China threatens tariffs on US lobsters as business booms
PORTLAND, Maine — A set of retaliatory tariffs released by China on Friday includes a plan to tax American lobster exports, potentially jeopardizing one of the biggest markets for the premium seafood. Chinese officials announced…
With tariffs, Trump starts unraveling a quarter-century of U.S.-China economic ties
“These are state policies where they are targeting certain industries.” Trump’s complaints about China’s trade practices are shared by many business leaders. But there is little support for using import taxes, which are paid by…
Plummeting Import Tax Means Big Business for China’s Jewelry Market
As China’s jewelry import tax drops by an average of 20.7 percent, opportunity knocks for foreign luxury brands looking to boost mainland China sales. According to a recent announcement by the Ministry of Finance of…
China in control as industry enters new era
That is still far below the 814 vehicles per 1,000 people in the U.S. VW, GM influenced China is the biggest market for several manufacturers, including Volkswagen and General Motors. Others, including Nissan, expect China…
Chinese Brands Shine at Russia World Cup
As FIFA 2018 World Cup has kicked start, Chinese football fans in Moscow may be thrilled to see the presence of familiar Chinese brands like Wanda, Hisense, Vivo and Mengniu, despite China has suffered early…
China regulator tells market players to be ‘responsible’ in IPO pricing -paper
SHANGHAI, June 15 (Reuters) – Valuations of “new economy” initial public offerings in Hong Kong are ringing alarm bells in China, with the securities regulator urging institutions to be “responsible” and professional in the book-building…
China promises fast response as Trump readies tariffs
While China has in recent months made incremental market-opening reforms in industries for which critics in the foreign business community say they were already planned, it has shown no inclination to yield on its core…
China wants to track every driver by putting RFID chips on car windshields
Despite being the world’s factory, 90% of the chips China uses are imported or produced locally by foreign-owned firms, according to International Business Strategies Inc. Tens of billions of dollars are reportedly set to be…
Chinese brands gaining favor with young Russians
An article on Russian tech website mail.ru said recognition of Chinese brands in Russia is rising. Made-in-China products are no longer associated with low-end manufacturing. On the contrary, choosing a Chinese brand has become a…
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