Two employees have left Adidas as a result of an ongoing investigation launched by the German sportswear brand into allegations of corruption in China.
Tagged By beijing
Beijing city cuts home buying costs to boost demand
BEIJING, June 26 (Reuters) – China’s capital city Beijing announced steps on Wednesday to reduce the cost of buying a home, including cutting mortgage interest rates and the minimum down-payment ratio, to try to boost…
Beijing Becomes Last Mega China City to Ease Housing Rules
(Bloomberg) — China’s capital city of Beijing eased homebuying requirements for downpayment and mortgages, joining the country’s other mega cities to support the real estate sector. Most Read from Bloomberg YouTuber Dr Disrespect Was Allegedly…
Beijing lowers minimum down payment ratio for first home buyers to no less than 20%
China’s capital city Beijing on Wednesday lowered the minimum down payment ratio for first home buyers to no less than 20%, according to a local government statement. It also lowered the minimum down payment ratio…
Taiwan reports Chinese ‘combat patrol’, Beijing vows to hunt independence ‘diehards’
TAIPEI/BEIJING – Taiwan’s defence ministry said on Wednesday that China had carried out another “joint combat readiness patrol” near the island, as Beijing said it would track down and punish “diehard” independence supporters wherever they…
China hopes EU will pursue a ‘rational, pragmatic’ policy towards the country, foreign minister says
China hopes the European side will pursue a “rational and pragmatic” policy towards the country, Foreign Minister Wang Yi said in a phone call with Hungarian Foreign Minister Peter Szijjarto on Tuesday.
China’s high-carbon ferrochrome imports reached 311,800 mt in May, with a significant portion not under general trade [SMM Analysis]
According to Chinese customs statistics, China’s high-carbon ferrochrome imports amounted to 311,800 mt in May, down 82,800 mt MoM (-20.99% MoM) but up 91,600 mt YoY (+41.62% YoY). In January-May, the …
South China Sea: Hague ruling rejected by Beijing still casts long shadow over dispute
Eight years ago, when an international tribunal ruled against China over its disputes with the Philippines in the South China Sea, it was viewed as one of the biggest diplomatic setbacks for Beijing. Beijing has…
China Reveals Government Fund Misuse, Highlighting Fiscal Risks
China discovered that officials allowed cash raised from special bonds or funds from the central government budget to be invested in subpar or halted projects, raising questions about the effectiveness of current fiscal measures in…
Economists Raise China Growth Forecasts as Exports Improve
The outlook for China’s exports is set to improve, buttressing growth in the world’s second-biggest economy even as consumer spending slows, according to a Bloomberg survey of economists.Most Read …
Hozon files Hong Kong IPO to raise funds for its global growth, skirt China’s discount war
Xpeng and Li Auto in using the world’s fourth-largest stock market as the launching pad to fund its overseas expansion and escape China’s brutal discount war. Hozon plans to use the money from its …
China has an incentive to keep road to Europe open
HONG KONG, June 26 (Reuters Breakingviews) – China and the European Union have agreed to start talks on the bloc’s plan to impose additional import tariffs on China-made electric vehicles; Beijing …
What Shein needs to avoid a London IPO bust
Beijing has yet to formally greenlight an IPO outside of China, with a Hong Kong listing still also an option. In London, the paperwork might prove the easy part. For a start, Shein needs to…
