Cathay Pacific’s CEO resigned following pressure from Beijing over participation by some of its employees in anti-government protests in Hong Kong. (Thomas Peter/Reuters) The CEO of Cathay Pacific … ( read original story …)
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Cathay Pacific CEO resigns after Beijing pressure over employees in Hong Kong protests
China Border Agents Search Through Hong Kong Travelers’ Phones
The South China Morning Post earlier reported that 10 people said their … One of the bankers said she left her personal mobile phone containing images of the protests at home and took an old…
Markets tank as China promises ‘counter measures’ in trade war
China’s Ministry of Finance said in a statement on Thursday morning that fresh 10% tariffs on $300bn of Chinese goods “seriously violated the consensus” between the US and China reached at … ( read original…
These Are the Foreign Brands Apologizing to China amid Hong Kong Tensions
Foreign luxury brands hoping to appease the Chinese market are walking on eggshells as the political crisis in Hong Kong is deepening. Chinese netizens and state media recently condemned foreign … ( read original story…
Hyundai Motor shifts focus to India from China
China’s slowing car demand has also prompted Hyundai and Kia to look to India and other newly emerging markets as a global manufacturing hub, they said. According to data from the Korea Automobile … (…
After Versace, Givenchy and Coach, Swarovski the latest luxury brand to infuriate China
After Versace, Givenchy and Coach, Swarovski is the latest luxury brand that caused outrage in China for its labelling of Hong Kong, Macau and Taiwan. Swarovski also lost the support of its … ( read…
China’s Shenzhen Gas to launch new LNG terminal with cargo from ENI
SINGAPORE (Reuters) – Chinese city-gas distributor Shenzhen Gas (601139.SS) will launch next week in southern China its first fully-owned terminal to import liquefied natural gas (LNG), a company … ( read original story …)
How Beijing wages its media assault on the credibility of the Hong Kong protesters
Protesters detain a man they suspected was a Chinese undercover agent during a demonstration at the Airport in Hong Kong on Tuesday. He was later identified as a reporter for a state-run Chinese … (…
Invesco thrives in China as former executive Ross leads Trump’s trade war
BOSTON (Reuters) – The former investment company of U.S. Commerce Secretary Wilbur Ross has been flourishing in China, even as he marshals billions of dollars’ worth of punishing tariffs in … ( read original story…
AI Startup Plans IPO at Value of Over $1 Billion — in China
(Bloomberg) — The promise of artificial intelligence has yet to translate into big business. Now Kai-Fu Lee, a prominent venture capitalist in China and founder of Sinovation Ventures, says his … ( read original story…
Chinese Starbucks Rival Luckin Falls Most Since IPO Amid Cash Burn
Starbucks’s IPO-Bound China Rival Wants to Re-Invent Coffee Game China is becoming an increasingly important market for coffee retailers as the country’s middle-class tea drinkers develop a … ( read original story …)
What Kontoor Brands’ Management Wants Shareholders to Know
as its competitors tend to concentrate manufacturing in China and other south Asian countries to reap cost advantages. But a localized supply chain gives the Wrangler and Lee brands an edge in … ( read…
How luxury brands are responding to the end of China’s one-child policy
Chinese authorities announced the end of the one-child policy in October 2015, allowing families to have two children. In the summer of 2018, China’s parliament erased “family planning” policies from … ( read original story…
