The revelation that China is backing away from its plans to blow up islands and outcroppings in the Mekong River is welcome news. Foreign Minister Don Pramudwinai said he had raised the issue last mon……
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China sports brand Anta goes global, taking on Nike and Adidas
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China Proposes Luxury Tax Increase to Rein in Millennial Debt
China should increase the luxury goods tax rate as a way to curb younger generations’ irrational spending on luxury brands, a Chinese official proposed at the country’s annual “Two Sessions” last week … ( read…
Satellites and shoe-leather: How investors get beyond China’s dubious data
Bye cites the example of the 2013 crackdown by Chinese authorities on gift-giving by officials, which skewed demand for luxury brands. “Therefore, China growth numbers out of some high-end … ( read original story …)
Investors Keeping Watch For Bad News From China (Radio)
Terry Chan, Managing Director, Head of Analytics and Research, Asia-Pacific, S&P Global, joined Rishaad Salamat and Doug Krizner on Daybreak Asia. His latest report asks whether liquidity will hold, t… ( read original story …)
China sports brand goes global, swings deal for Wilson owner
SHANGHAI/HONG KONG/TOKYO — Anta Sports Products, a minor leaguer outside of China, is buying the Finnish owner of athletic brands such as Wilson for 4.6 billion euros ($5.17 billion), looking to … ( read original…
China works to contain outbreak of African swine fever
Amid the outbreak, it is estimated that China’s giant pork industry could see production … Sylvain Charlebois is a professor of food distribution and policy at Dalhousie University’s business school … ( read original story…
StanChart, UBS settle Hong Kong IPO misconduct case
Both banks were investigated for their roles in the 2009 IPO of China Forestry, a company that was later delisted from the Hong Kong stock exchange for accounting irregularities and put into a liquida… (…
China grounds domestic fleet of Boeing 737 Max 8 jets after Ethiopian Airlines crash: CAAC
Caijing, a state-run news outlet that covers finance and economics, said many flights scheduled to use 737 Max planes would instead use the 737-800 models. China Business News also reported on … ( read original…
Ant Financial reportedly preparing to IPO on Shanghai tech board
Alibaba’s financial arm Ant Financial is reportedly preparing for an initial public offering (IPO) on China’s new Nasdaq-style equity board, said state-owned media on Monday citing a delegate from the … ( read original story…
Steep Descent Expected for China’s Biggest Property Insurer
Shares in China’s largest property insurer have started their descent back to Earth and according to analysts, it could be a prolonged and rocky journey. People’s Insurance Co. (Group) of China Ltd.’s … ( read…
Hong Kong shares end higher amid hopes for trade deal, China policy support
HSI financial sector sub-index 1 pct higher; property sector up 0.2 pct March 11 (Reuters) – Hong Kong shares rebounded on Monday after two straight sessions of losses amid cautious optimism that Chin… ( read…
China stocks rebound as cenbank eyes more easing; Hong Kong shares rise
China’s blue-chip CSI300 index was up 1.39 … have weak interest in expanding production or investment. ** But property developers bucked the broader trend to finish the morning lower after … ( read original story…