Top international fashion brands are launching new collections in China economic hub Shanghai, a vote of confidence in the country consumer market …
Tagged By beijing
Germany bets on India to reduce reliance on China
Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany’s reliance on Beijing even if India does not turn …
West blasts China on rights, China responds: What about Gaza?
Australia, the United States and 13 other countries criticized China at the United Nations on Tuesday over alleged human rights abuses in Xinjiang and Tibet, prompting China to denounce them for ignoring the “living hell”…
L’Oreal third quarter sales disappoint as China spends less on beauty
French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty products.
What candidate does Beijing prefer to win the U.S. election?
Chinese officials are avoiding voicing their opinion on the outcome of the 2024 U.S. presidential election but prefer the predictability of a potential Kamala Harris administration, according to the …
Trading down is still a good play in China, says China Market Research Group’s Shaun Rein
Shaun Rein, China Market Research Group founder and managing director, joins ‘Power Lunch’ to discuss China’s economy and the market.
Senior Volkswagen executive Jochen Sengpiehl deported from China, FT reports
(Reuters) -German automaker Volkswagen’s China chief marketing officer and head of product strategy, Jochen Sengpiehl, was deported back to Germany after being detained in China for about 10 days, the Financial Times reported on Tuesday.
Senior VW executive deported from China
A senior Volkswagen executive has been deported from China, in another setback for the German group fighting for survival in the world’s biggest car market.
General Motors overcomes US sales drop and China losses to post quarterly profit of $3 billion
U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed to post a third quarter profit of $3 billion Tuesday, slightly less than it made…
China’s Singles’ Day sales festival fails to inspire consumers
China’s largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country’s economic woes.
Oil Gains as China Lifts Crude Import Quota
Both key benchmarks gained more than 1.5% on the day, helped by economic optimism out of China and lingering concerns about potential disruptions from the ongoing conflict in the Middle East.
Yellen: Haven’t yet seen a China policy to fix its low consumer spending
U.S. Treasury Secretary Janet Yellen on Tuesday said she has not yet seen policies announced by China that would address its low level of consumer spending as a share of its economy.
Vatican and China extend deal over Catholic bishop appointments
The decision by the Vatican and China on Tuesday to extend an accord on the appointment of Catholic bishops in the communist country for four years indicates a new level of trust between the two…
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