European Union leaders warned on Friday against the damage that escalating U.S.-China trade friction was inflicting on the global economy, as the Group of 20 economies began a two-day summit in … ( read original…
BUSINESS
China potentially changes stance on Bitcoin, calls it a “Safe Haven Asset”
The country had earlier come down hard on initial coin offerings, crypto mining and Bitcoin trading. Their change in stance could be a direct result of Donald Trump’s trade policies. A report from … (…
Abe Hails China Ties, Raises Tough Issues as Xi Visits Japan
(Bloomberg) — Japanese Prime Minister Shinzo Abe praised warming ties with China on Xi Jinping’s first visit to the country in a decade, even as he raised a long list of complaints including unfair ……
Dutch Prime Minister Mark Rutte calls China ‘a staunch supporter of the Paris Climate Agreement’
China has stuck to its climate change goals even with a slowing economy – the world’s second largest – and a trade war with the United States, Dutch Prime Minister Mark Rutte said on Thursday.…
China’s economy has been acting especially strange heading into Trump and Xi’s G20 showdown
And for another — as business surveyor China Beige Book noted in a recent note to clients — shadow banking, came back with a vengeance in Q2, especially in China’s biggest cities. “In Q2, banks…
Japan PM Shinzo Abe, China’s Xi Jinping agree on need for ‘free, fair’ trade
China has accepted the invitation … Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today. … ( read original story …)
China footwear retail unit files for Hong Kong IPO to raise $1 billion
HONG KONG (Reuters) – Chinese footwear retailer Belle International filed plans on Thursday to spin off its sportswear business via a Hong Kong initial public offering, a deal which two sources with … ( read…
China’s June factory PMI seen in contraction as demand falters: Reuters poll
BEIJING (Reuters) – China’s factory activity is expected to have pulled back for a second straight month in June, according to a Reuters poll of analysts, as domestic business conditions worsened and … ( read…
Time to tell the G20 there’s more to Canada’s economy than trade with China: Don Pittis
“Our market diversification efforts are reaping rewards in India,” Carr told the Canada-India Business Council. After suspending Canada’s meat imports, China demands Meng’s release While the minister … ( read original story …)
Why China has a beef with Canadian meat exports
The discovery of ractopamine — which is prohibited in China — could have a significant impact on Canadian meat producers. Here’s more about ractopamine, its use in Canada and why it’s banned in some ……
China’s Alibaba aims to double Tmall Global brands with English portal
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of … ( read original story …)
Tmall Global Makes It Easier For International Brands To Join The Platform
… goods into China over the next five years and help businesses of all sizes enter the China market. Now, Tmall Global has taken the next step to enable brands to reach Alibaba’s customers via…
How US Brands Are Perceived In China
Make your way through the Shanghai airport and you’ll see advertising for western luxury brands such as Prada and Cartier. American and European brands exist in China right now against a backdrop of … (…
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