FRANKFURT – Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the U.S. and China over trade. The bill for damages from the ……
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US-China trade war leaves Europe as collateral damage
Luxury brands apologise over China T-shirt blunders
Luxury fashion brands Versace, Coach, and Givenchy have apologised for making perceived affronts to China’s national sovereignty with T-shirts listing Hong Kong and Taiwan as separate countries. … ( read original story …)
What China’s grab for tech superpower status means for the West
Slated to give a talk in Toronto on Sept. 4 as part of the Rotman Institute for International Business Speaker Series, Fannin spoke to the Star about the challenge that China’s grab for tech super…
China’s Lowest Bond Yields Since 2016 Look Really Juicy to Some
(Bloomberg) — China’s benchmark government debt is the closest in years to yielding just 3%. Escalations in global trade tensions since April have put a damper on sentiment, helping spur a rally in … (…
China’s sovereign digital currency is ‘almost ready’: PBOC official
YICHUN, China/BEIJING (Reuters) – China’s central bank is “almost ready” to issue the country’s own sovereign digital currency, a senior central bank officer said. Mu Changchun … ( read original story …)
China fixes yuan midpoint at 7.0211 on Monday — weaker than 7 for three consecutive sessions
The People’s Bank of China set the official midpoint reference for the yuan at 7.0211 per dollar on Monday. Analysts were expecting the Chinese central bank to set the midpoint at 7.0331 per dollar, ……
China stocks rally as tech, financial firms shine
SHANGHAI, Aug 12 (Reuters) – China stocks rallied on Monday as Beijing showed support for its capital markets by relaxing margin financing, while demand for tech stocks also boosted the indexes. ** … ( read…
China stocks rally as regulator loosens margin financing; Hong Kong flat
U.S. President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into question, reviving concerns on financial markets that ……
Coach, Givenchy in hot water over China T-shirt row
BEIJING/HONG KONG (Reuters) – Chinese brand ambassadors of fashion labels from Coach to Givenchy have severed ties with the companies over products which they said violated China’s sovereignty … ( read original story …)
Versace, Coach apologise over China T-shirt blunders
Luxury fashion brands Versace and Coach have apologised for making perceived affronts to China’s national sovereignty on T-shirts, mistakes that cost them their high-profile Chinese brand ambassadors. … ( read original story …)
Wetherby Asset Management Inc. Buys 6,359 Shares of China Unicom (Hong Kong) Limited (NYSE:CHU)
Wetherby Asset Management Inc. raised its stake in China Unicom (Hong Kong) Limited (NYSE:CHU) by 43.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 20,878 … ( read original story …)
One-China T-shirt row engulfs Coach and Disney, a day after Versace apology
American luxury brand Coach has issued a statement saying it “respects and supports China’s sovereignty and territorial integrity” after it faced a backlash for a T-shirt design that lists Hong Kong, … ( read original…
Coach and Versace attacked in China for Hong Kong reference
Coach and Versace have become the latest foreign brands to face a backlash from internet users in China, drawing fierce criticism across social media for referring to Hong Kong and Taiwan as countries … (…