An apparently internal memo leaked to local media – which Chanel said contains inaccurate information – claimed the brand plans to cut 89 jobs in its China head office by the end of 2025.
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Analysis-China’s internet firms cautiously revive lending as Beijing pushes consumer loans
City Reflection and Palm Trees in Shenzhen
How the US overtook China as Africa’s biggest foreign investor
Pacific island nation embarrasses Xi, angers China
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China Suspends Export Controls on More Critical Minerals
Thousands of Chinese lured abroad and forced to be scammers – now Beijing is cracking down
Recent Posts
Chanel Reiterates Its Long-term Commitment to China Amid Layoff Speculation
China blocks its firms from investing in US ahead of trade war escalation
Regulators in Beijing have been told in recent weeks to hold back on granting approvals for Chinese companies wishing to invest in the US, Bloomberg News reported.
Trump considering revoking tariff exemptions for cheap shipments from China, source says
The Trump administration is considering revoking tariff exemptions for low-value shipments from China as part of Wednesday’s tariff announcement, a source familiar with the plans said.
China’s military launches live-fire exercise in escalation of blockade drills near Taiwan
The Chinese military staged a second day of exercises around Taiwan on Wednesday, launching live-fire strikes in the East China Sea and practicing blockade operations near crucial shipping lanes to …
Over 1,000 Chinese listed firms reveal financial results; semiconductor sector shows strong performance
More than 1,000 listed companies in China have released their 2024 financial results as of April 2, with semiconductor and consumer electronics firms posting strong performances amid booming demand …
Chinese, EU officials hold 16th bilateral financial dialogue in Belgium
VCG. China’s Vice Minister of Finance Liao Min co-chaired the 16th China-EU Financial Dialogue with EU officials in Brussels, Belgium on Monday, according to a stat …
Ruiguanghongfeng International Files for IPO
Ruiguanghongfeng International, an operator of international and bilingual K-12 schools in China, filed for an initial public offering with the Securities and Exchange Commission on Wednesday. The …
Raspberry Pi not affected by Trump tariffs yet while China-tied rivals feel the heat
According to the financial analyst firm Jefferies Research, Raspberry Pi has now shaken off a channel inventory correction that dented its sales for much of the last year. It says that manufacturers …
Aimei Health Technology Files for IPO
Aimei Health Technology, whose subsidiaries in China provide health solutions to middle-aged and elderly populations, filed for an initial public offering. The England and Wales exempted company said …
Walmart pushes Chinese suppliers to slash prices over tariffs — despite backlash from Beijing: report
Walmart still pushing overseas suppliers to cut their prices by as much as 10% — essentially taking on the burden of President Trump’s new taxes, according to a report.
Chinese tourists pine for Taiwan’s return as Beijing jets surround island
Chinese tourists visiting the country’s closest point to Taiwan wished for the democratic island’s return to Beijing’s rule, as their leadership called its president a “parasite” and unleashed ships and jets in drills to encircle…
Tesla stock drops after big first-quarter deliveries miss and as China competition stiffens
Even longtime bull couldn’t sugar coat the EV maker’s sales figures. “They were a disaster on every metric,” wrote Wedbush Securities’ Dan Ives.
Kenya retracts comment on China debt talks, sowing confusion
Kenya denied on Wednesday it had discussed debt restructuring with China’s finance minister after amending a reference in a social media post released in the wake of a meeting between the two …
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