The US government is being urged to adopt apparel trade policies to boost domestic manufacturing and reduce apparel imports from China.
BUSINESS
Goldman Sees China Saving Fiscal Firepower to Prepare for Trump
Donald Trump may already be influencing the economic agenda in China, according to Goldman Sachs Group Inc. Most Read from BloombergWhat Initial Polling Data Show About the Trump-Harris MatchupA …
Chinese officials warn of risks from higher US tariffs, urge US business leaders to help mend ties
Chinese officials have warned a delegation of top U.S. executives visiting Beijing this week that higher tariffs on imports from China will harm their businesses inside the country.
Luxury brands hit hard in China slowdown fear worse to come
Executives at European luxury brands including LVMH, Burbury and Hugo Boss may hope this is a short-term blip, but it’s not clear how China turns things around.
Fashion brands show their love for China’s Valentine’s Day with chic collections
Also known as China’s equivalent of Valentine’s Day, every year in the weeks and months leading up the the Qixi Festival celebration, big names in fashion unveil curated capsule collections to capture …
Look into ‘uncontrolled’ import of vegetables from China and Thailand, govt told
Former deputy agriculture and agro-based industry minister Sim Tze Tzin says the ‘rampant’ import of produce has driven down the price of locally produced vegetables.
Luxury brands suffer as Chinese shoppers hold back
China’s economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world’s top luxury brands. LVMH says its sales in Asia, which include China but not…
In China for China: German firms buck trend, bring best tech and products to compete
With fewer options amid geopolitical strife and supply-chain disruptions, capitalising on China’s massive market requires a more inward-facing plan for foreign firms.
China’s quant funds suffer deep losses amid crackdown
Chinese computer-driven “quant” hedge funds suffered heavy losses in the first half of the year, underperforming traditional stocks strategies at home and other popular global fund strategies, data …
Foxconn to invest $138 million for new business headquarters in China
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to construct a new business …
Trump 2.0 could go ‘nuclear’ on China trade, while economists say Harris would remain tough
Economists and trade experts largely expect Trump would further cut and destabilize trade relations between the world’s two largest economies.
Kenya imports from China up 12 percent in six months
China is by far the largest exporter of goods to Kenya and is a major source of electronics, clothes, beauty products, steel, furniture, equipment, and machinery.
Foxconn to Invest 1 Billion Yuan for New Business Headquarters in China
BEIJING (Reuters) – Taiwan’s Foxconn plans to invest 1 billion yuan ($137.5 million)to construct a new business headquarters in Zhengzhou, China, according to a statement on Wednesday.
