In an interview with the South China Morning Post published Wednesday morning, McCallum described telling China’s Ministry of Foreign Affairs that if it kept imposing restrictions on Canadian … ( read original story …)
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Recent Posts
McCallum reportedly warned China that hurting Canada ‘will help the Conservatives’
Bank of Canada bumps up 2019 growth forecast, keeps rates steady
The Bank of Canada is leaving its overnight rate unchanged as positive signs in the Canadian economy are mostly offset by global trade tensions, including China’s restrictions on Canadian canola and … ( read original…
Global Brands Bolster AB InBev’s Sales, High Costs Remain Woe
Further, healthy performances in key markets — including Brazil, China, the United States, Europe, Colombia and Nigeria — boosted the top line. Global Brands Witness Strong Growth In first … ( read original story …)
China’s June auto sales fall, extending year-old decline
Drivers in the global industry’s biggest market bought 1.7 million SUVs, sedans and minivans, according to an industry group, the China Association of Automobile Manufacturers. Total purchases in the … ( read original story …)
Chinese brands thrive in a slowing smartphone market
Xiaomi, Vivo and others are likely taking note. Huawei was already the best-selling smartphone brand in China before the trade ban. While other Chinese brands have yet to suffer considerable impact … ( read original…
Subsidy cuts could sound the death knell for China’s cheap electric carmakers as entry-level vehicles face huge price rises, says Xpeng chief
Drastic cuts to government subsidies that have propped up China’s electric carmakers could create an existential crisis for those at the budget end of the scale. Manufacturers who have been selling … ( read original…
Pocari Sweat among big brand advertisers reportedly fleeing Hong Kong broadcaster TVB over biased coverage claims and boycott call
Leaked messages on Wednesday indicated global brands such as Pocari Sweat … enraged internet users in mainland China on Wednesday, many of whom called for a ban on the “pro-Hong Kong independence … ( read…
China Declared Crypto War: Central Bank Threatened by Facebook’s Libra
The Central Bank of China recently unveiled its plan to delve into the crypto space and declared a crypto war as it is developing its very own digital currency, reportedly in response to Facebook’s ……
China’s Internet: Bigger, Younger, Smarter, Says Study
China’s Internet ecosystem is becoming younger and smarter, while also becoming larger — and more isolated. According to the second annual “China Internet Report” published by research firm Abacus and … ( read original story…
China fines UniCredit AG unit $1.5 million for embezzlement
BEIJING (Reuters) – China’s banking and insurance regulator said on Tuesday it fined an onshore branch of Italy’s UniCredit Bank AG [UCCDB.UL] 10.3 million yuan ($1.50 million) for embezzlement. A … ( read original story…
Brand Expectations for China are High, with Hopes Pinned on eCommerce and Social
New research reveals that brands are planning significant investments in China despite a lack of confidence in marketers’ understanding of the market China will be the next frontier of growth for … ( read original…
Trade War may force China to shut down more factories, say supplier
While Chinese factories suffer, manufacturers in other Asian hubs become beneficiaries — up to a point. American retailers have already taken up all the manufacturing capacity in Vietnam in their … ( read original story…
China autos brace for another annual contraction, sales shrink in June
The lower forecast by the China Association of Automobile Manufacturers (CAAM) comes amid a spate of downward revisions by industry experts, triggered by a prolonged and increasingly pronounced sa … ( read original story …)