speaking at the launch of Starbucks’ first overseas “Reserve Roastery” – an opulent flagship store with gourmet coffees and a bakery – said China was on track to be “bigger, more powerful and more significant”…
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Blunder in Beijing risks undermining Canada on NAFTA
It may take some time to figure out exactly why things went sideways for Prime Minister Justin Trudeau in China this week. But this much is clear: He went all the way to Beijing holding…
Is China Ready for a Property Tax?
Revealing a roadmap for an annual property tax, Chinese Finance Minister Xiao Jie lately indicated that this long-awaited initiative is being fast tracked, starting a new chapter in the housing market. Xiao suggested property tax…
Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy
SHANGHAI • When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China’s southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover…
Canada’s trade minister stays behind in Beijing to keep hopes of free trade with China alive
Abrupt change of plans for International Trade Minister François-Philippe Champagne came just after Prime Minister Trudeau and China’s president held a private dinner in Beijing Tuesday night. The prime minister says pursuing free trade with…
With no formal trade talks, Trudeau leaves international trade minister in Beijing
Prime Minister Justin Trudeau says Canada will continue to work toward the goal of starting formal trade negotiations with China despite continued differences over a number of significant issues, even if that means leaving his…
China’s Top 10 Luxury Lingerie Brands
Crackdowns on corruption and ostentation by a government uneasy about China’s growing inequalities have dampened consumers’ appetites for conspicuous logos and dazzling jewelry. Concealed beneath their clothes, however, lingerie has become a means for ……
Beijing is rapidly demolishing its own city, and 27,000 billboards are next
Workers dismantle a signboard of a hotel due to a citywide outdoor billboard remediation project in Beijing, China November 30, 2017. REUTERS/Stringer Beijing has deemed 27,000 signs across the city illegal, and intends to remove…
Trudeau set to meet China’s ‘paramount leader’ as free trade talks fail to emerge in Beijing
Canada and China say exploratory discussions on trade will continue, but the formal launch of free trade negotiations will be delayed. The news came as Trudeau prepared to meet President Xi Jinping for a private…
Evening Update newsletter: Small-business tax changes, Trudeau in China, sockeye salmon
The federal government will impose new restrictions on how small-business owners can divide income among family members as of Jan. 1, even though the promised details haven’t been released. Small-business owners are increasingly concerned that…
Hebei Construction US$297m IPO is first in Hong Kong to target China’s massive Xiongan project
Xiongan New Area, established in April and just a couple of hours south of Beijing, is part of China’s efforts to … plans to issue 433.334 million shares in the Hong Kong IPO, with an…
Chinese smartphone maker Xiaomi is eyeing a $50 billion IPO: Report
Chinese smartphone maker Xiaomi is eyeing a $50 billion IPO as early as next year, according to a report from Bloomberg. The Beijing-based company has picked up momentum to challenge phone competitor Huawei in its…
Canada-China free trade talks in limbo in Beijing
The fate of expected free trade talks between Canada and China is now uncertain after Prime Minister Justin Trudeau emerged from a meeting with Premier Li Keqiang Monday to announce the two countries will merely…