(Reuters) – A host of U.S. consumer companies have warned that costs related to tariffs on goods imported from China would weigh on their results. The United States increased tariffs on $200 billion … (…
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Recent Posts
Factbox: U.S. companies warn Trump’s tariffs could hit results
Chinese business group blasts US protectionism
A leading Chinese business group in the US has blasted protectionist actions and lack of policy transparency toward Chinese companies, which it said has led to a drastic decline in Chinese foreign … ( read…
China ‘not afraid of fighting a trade war,’ will respond if U.S. escalates
The U.S. government has also angered China by putting Huawei Technologies Co Ltd on a blacklist that effectively bans U.S. companies from doing business with the Chinese firm, the world’s biggest … ( read original…
Traditional brands make efforts to remain vibrant
China’s time-honored brands are back in favor with young consumers and bursting with vitality thanks to crossover collaboration, Xinhua reported on June 10. White Rabbit, a traditional brand of candy, … ( read original story…
China Car Slump Extends to a Year With Few Signs of Reprieve
China’s car sales declined for the 12th consecutive month, a historic slump that’s left manufacturers reeling as trade tensions and economic worries weigh on consumer sentiment. Retail sales of sedans … ( read original story…
Live Lounge: The Shanghai-Based Podcast Offering a “Reality Check” for Brands
Navigating the China market can bring an endless list of challenges and considerations both planned an unplanned. For instance, how can brands localize their marketing strategies beyond first-tier … ( read original story …)
China Literature Teams up with Transsion Holdings to Develop Online Reading Market in Africa
web series and film production company in China. About Transsion Holdings Transsion Holdings has been committed to providing consumers with high-quality, multi-brand smartphone devices and mobile … ( read original story …)
G20 finance leaders’ goal: Adapt to turmoil in trade, tech
The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from upsets to the global economy as Beijing and Washington clash over trade … ( read original…
G20 finance officials pledge to protect global growth
Finance ministers and central bank chiefs from the Group of … The Communist Party newspaper People’s Daily said Sunday that Beijing is creating a strong firewall to strengthen China’s ability to … ( read original…
New bipartisan bills threaten Chinese IPOs and Chinese companies listed in the U.S.
American stock exchanges have emerged as the latest battleground in the ongoing political fight between the U.S. and China. While bilateral discussions on trade have made little headway in recent … ( read original story…
China says its Panchen Lama made first trip outside country in May
Although officially atheist, China selected Gyaltsen Norbu as the 11th Panchen Lama in 1995 in a drive to win the hearts and minds of Tibetans. Tibet’s current spiritual leader, the Dalai Lama, whom … (…
China Sets Yuan Fixing Stronger Than Expected in Sign of Defense
(Bloomberg) — China’s central bank moved to shore up the yuan with a stronger-than-expected fixing and a planned bond sale in Hong Kong. The People’s Bank of China set its reference rate at 6.8930 ……
White Rabbit milk tea sells at 2,000 per cent premium as Chinese consumers show support for local brands amid trade war
“It is not about the taste,” he said. “We just want to show our support for local brands at a time when the US government is plotting to undermine China’s economic development.” White Rabbit ……
