Central banks across Asia are moving to defend their currencies from recent declines as escalating trade tensions between the U.S. and China weigh down exports and economic growth. Officials in … ( read original story…
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Asian Central Banks Move to Curb Rapid Currency Declines
Win a Nobel Prize, get a house in a Beijing suburb for free
A nondescript suburb on the eastern fringes of Beijing has been ridiculed for inviting Nobel Prize winners to come and live there for free. It is common practice for local governments in China to ……
Banishing African stereotypes in China: Beijing photo show uses art to create new narratives
“Sir, where is this place?”, a photo show at Beijing’s A.C. Art Museum Hotel, features works by 14 artists from 10 African countries South African curator Megan Mace says she wants to bring new energy…
Treasury Secretary Mnuchin says there are no plans to go to Beijing for trade talks yet
Qualcomm suppressed competition in the market for cellphone chips and used its position to impose excessive licensing fees, a U.S. judged ruled. China is considering cutting natural gas purchases from … ( read original story…
Top Beijing official speaks out on HK extradition bill
After Zhang Xiaoming, director of the State Council’s Hong Kong and Macao Affairs Office, said last week that revision of Hong Kong’s extradition laws is an urgent matter for the city, another senior … (…
Trade war forcing China to ‘rethink economic ties’ with the US
China is considering cutting natural gas purchases from the U.S. in its tit-for-tat on trade, according to the South China Morning Post. Treasury Secretary Steven Mnuchin is scheduled to testify … ( read original story…
Brands tell Chinese mothers’ stories
While only it’s recently become commercial in China despite its worldwide popularity, Mother’s Day is the perfect opportunity for brands to drive sales through targeted and emotionally-charged … ( read original story …)
Starbucks’ China challenger Luckin Coffee shares fall below IPO price
Luckin Coffee shares fell below their IPO price Wednesday. The Beijing-based company is trying to overtake global giant Starbucks as the biggest coffee chain in China. The start-up has expanded … ( read original story…
Apple’s China business faces another blow from Trump’s Huawei ban
The U.S. crackdown on Huawei Technologies Co. could make Apple Inc.’s already troubled business in China even more difficult, hobbling iPhone sales in the world’s biggest smartphone market and … ( read original story …)
Trudeau toughens tone against China as Canadian delegation presses for release of detainees
Last week, President Donald Trump signed an executive order giving his government the power to ban U.S. companies from doing business with foreign telecommunications suppliers that are alleged to pose … ( read original story…
Apple profit risks rise amid US-China trade fight, analyst says
Apple’s China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion. China is considering cutting natural gas purchases from the U.S. in its … (…
Shares of Saudi shopping mall giant slip in major IPO launch
Treasury Secretary Mnuchin says no plans to go to Beijing for… Treasury Secretary Steven Mnuchin … DUBAI — One of Saudi Arabia’s largest initial public offerings (IPO) in five years has slipped … ( read…
China Mobile expects 5G license this year as it watches Huawei developments
HONG KONG (Nikkei Markets) — China Mobile, the world’s largest mobile services provider by subscribers, expects to secure a license this year to provide commercial services based on high-speed … ( read original story …)
