It’s necessary for employers to have a plan B, just in case the negotiation with employees for mutual termination failed. Before the negotiation, employers need to decide whether to proceed with unilateral termination if the…
Tagged By beijing
In China’s “median city” people are surprisingly risk-averse
If Chinese optimism is now fading, the world needs to know. Certainly the economy is slowing. Consumers and businesses are in a funk. The Communist Party devotes large resources to tracking the public …
Calls for stimulus package grow in China
A growing chorus of Chinese economists is pressing for Beijing to roll out fiscal stimulus to bolster the country’s flagging economy. Economic growth has fallen short of official expectations in the …
China Manufacturing Tracker: 2024-25
Helping investors and analysts track the latest economic data and growth indicators of the China manufacturing industry.
Tourists scaling the Great Wall of China can now get takeout delivered by drone
The drone delivery fee is just 4 yuan (56 cents), the same as regular Meituan deliveries, state-run Beijing Youth Daily reported. The service will take orders from 10 a.m. to 4 p.m., after which the…
China Confirms Japanese Citizen Indicted on Suspicion of Espionage
The Japanese pharmaceutical company said on Wednesday that one of its Japanese employees detained since March 2023 on suspicion of spying had been indicted by Chinese authorities. (Reporting by Colleen Howe; Writing by Ryan Woo;…
China’s self-driving startup WeRide delays U.S. IPO as deadline looms
WeRide delayed its plan for an initial public offering in the U.S., citing the need for more time to complete documents. It has been a dry market for Chinese IPOs in the U.S. in recent…
Taiwan president to visit frontline islands at centre of China tensions
Taiwan President Lai Ching-te will on Friday make his first visit since taking office in May to the sensitive Kinmen islands that sit next to the Chinese coast and have been the scene of stepped…
Russia’s Oil Exports to China Plunge After Putin’s Visit With Xi
China’s imports of Russian oil dropped by nearly one-third in four months, a worrying trend for Moscow’s heavily sanctioned economy.
China’s securities market greets new IPO rules; institutional investors asked to undertake risk assessment for IPOs
VCG. Securities Association of China (SAC) recently drafted a decision on revising the investor management rules for initial public offerings (IPOs) and …
China revenues drop for high-end hotel chains as business travel, consumer spending dip
Wyndham, IHG, Hilton, Marriott, Hyatt and Accor have reported declines in revenue for their China operations as business travel and overall demand slow Softening demand for business travel, fiercer …
EU must compensate dairy sector if Irish food exports become ‘collateral damage’ in trade war with China, farmers warn
A move by China to potentially hit Ireland’s diary sector in a tit-for-tat response – after the European Union slapped tariffs on electric car imports – has been met with anger and disappointment from the…
Sephora layoffs: LVMH’s cosmetics retailer brand trims around 10% of China staff as woes deepen
While Sephora has expanded to some 300 stores since entering China in 2005, the country is increasingly difficult for higher-end retailers to navigate as consumers seek out cheaper goods amid a …
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