The ongoing U.S.- China trade war continues to shake up markets in both countries, with many luxury brands facing rising global tariffs. However, based on a June 20 report by Financial Analyst Group Wells Fargo,…
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Tiffany Seen Likely to Benefit from U.S. China Trade War
Exporters in China’s manufacturing heartland brace for impact of US tariffs
Guangdong province in China’s south is part of the Pearl River Delta, which has become known as the world’s factory because of its tens of thousands of manufacturers that can make products faster and cheaper…
A deepening sense of unease is rippling through China’s financial markets
A deepening sense of unease is rippling through China’s financial markets. The benchmark Shanghai stock index has tumbled 20 per cent in just five months to enter a bear market. The yuan is heading for…
Connecting the World Upon Cloud: China Unicom Hosts 2018 International Partners Meeting
HONG KONG, June 26, 2018 /PRNewswire/ — On June 26, 2018, China Unicom hosted its 2018 International Partners Meeting in Shanghai. The theme of this year’s meeting is “Connecting the World Upon Cloud”. More than…
China drops tariffs on animal feed from Asian countries as U.S. dispute escalates
BEIJING (Reuters) – China will remove import tariffs on animal feed ingredients including soybeans, soymeal and rapeseed from five Asian countries, the Ministry of Finance said on Tuesday, a sign Beijing is seeking alternative supplies…
Some question if China is ready for a trade war
He couldn’t be reached for comment. China’s Finance Ministry and Commerce Ministry didn’t respond to faxed questions about the sentiments expressed in the essays. In official statements, China has remained defiant since Trump’s decision earlier…
China has unused weapons in escalating trade war: Don Pittis
“fake news,” Mnuchin tweeted that they had got the wrong end of the stick. The restrictions, he wrote, applied not just to China “but to all countries that are trying to steal our technology.” Later…
China’s Ant Financial is not looking to ‘buy’ technology, says executive
Ant Financial’s Doug Feagin says the impact on the company of a potential restriction on Chinese investment in U.S. technology companies is likely to be limited. Speaking with CNBC, Feagin said the company has built…
China’s Great Leap Forward in Global Mobile Payments
During a recent cab ride on business in China, my driver relayed to me that his riders almost never pay him in cash, and when they do — because it is so rare — he…
China’s Meituan Dianping files for Hong Kong IPO; seeks over $4 billion: sources
HONG KONG/SHANGHAI (Reuters) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge…
China has consolidated property ownership data, but to levy tax is a separate struggle
It took five years but China finally completed the consolidation of a national real estate information database last week, retiring the patchwork registration system that deprived authorities of a clear picture of property ownership across…
From Feiyue plimsolls to the Shanghai watch worn by premier Zhou Enlai: how 3 made-in-China luxury items rose to fame
People enjoy prosperous lives in many regions of China today. But 40 years ago, the picture was totally different; even owning a Chinese-made wristwatch at that time would have been a sign of relative wealth.…
Donald Trump will protect American farmers from China’s trade retaliation: Sonny Perdue
Those seeds, the result of years of research and millions of dollars of American investment, now stand as one of countless pieces of evidence in the case against China for intellectual property theft and unfair…