S&P’s one-notch downgrade to A+ from AA- comes as Beijing grapples with the challenges of containing financial risks stemming from years of credit-fueled stimulus to meet ambitious government economic growth targets. “The downgrade reflects our…
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Chinese company photographed employees in toilets, shamed them for taking long breaks
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S&P downgrades China, says rising debt is stoking economic, financial risks
China’s debt risks are rising
warning that “a prolonged period of strong credit growth has increased China’s economic and financial risks.” The move is likely to come as an unwelcome irritant for Chinese President Xi Jinping as he tries to…
Duck de Chine: Beijing’s best Peking duck?
(CNN) — When the gong sounds, almost every diner at Beijing restaurant Duck de Chine turns around. That’s because one of the city’s greatest culinary shows is about to begin — the slicing of a…
NHL hoping to make inroads in China with preseason games
Large dehumidifiers were rolled in and the mist eventually cleared, but the NHL has perhaps a bigger visibility problem in China – a country with little tradition of winter sports, hockey included. The league is…
Nestle signs deal to launch the Uncle Tobys and Allen’s brands in China
China’s growing affluent middle class has already fallen in love with Weet-Bix, sometimes stripping Australian supermarket shelves and paying up to $50 a box, could soon pick up a taste for some of our iconic…
Western payment companies must be the ‘right type of different’ in China
Many of the world’s biggest brands have a desire to crack China, home to over 1.3 billion consumers. And with the country’s citizens eagerly embracing cashless transactions – even some city buskers take payment via…
China brands stand out on streets of Sudan
A BYD brand taxi is parked outside a bus station in Sudan on September 20. Photo: Li Hao/GT A man walks past a parked Geely brand sedan on a street in Sudan. Photo: Li Hao/GT…
With 963 Million Users, WeChat Lures U.S. Brands—And Longs For America
WeChat, the most popular messaging app in China, which boasts 963 million users, is opening up its service to U.S. advertisers. Today, its parent company Tencent announced a new ads platform designed to attract Western…
China’s Tencent And WeChat Ready To Make A Big Play For U.S. Advertisers
“For U.S. advertisers, China presents a dynamic, lucrative and challenging opportunity. Brands have become more sophisticated about the needs and behavior of Chinese tourists. To make a sale outside China, they understand that they need…
North Korea Brands Trump ‘A Barking Dog’ Over World War 3 Threats, China Issues Ultimatum To Washington
Unless you have been living under a rock you will know that U.S. president Donald Trump threatened to “totally destroy” North Korea earlier this week. Ironically Trump used a speech at the United Nation’s, an…
Mobike enters the United States
Mobike, one of China’s biggest bike sharing brands, announced its entry into the U.S. market Wednesday in a company statement. Mobike, one of the world’s largest smart bike-sharing companies, rode into its first US city,…
Three attractive designer watches from fashion brands
There’s a certain amount of snootiness on both sides: the watch crowd feel like the fast and loose, style-over-substance timepieces the fashion brands churn out cheapen their craft, whereas the fashion houses find the established…
In Shanghai, LA Kings win 1st NHL preseason game in China
SHANGHAI — In the first NHL preseason game played in China, the Los Angeles Kings used a third-period scoring spurt to put away the Vancouver Canucks 5-2 on Thursday. The teams gave the raucous Shanghai…
