Louis Lau, partner at KPMG China, said Beijing’s drive to defuse financial risk will continue to support the mainland IPO market. “Deleveraging and supply-side reforms will cause [bank] lending to decline,” Lau said. “That will…
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China regulator flags greater scrutiny on chips after price surge
SHANGHAI (Reuters) – China’s economic regulator is paying close attention to a recent surge in the price of mobile phone storage chips and could look into possible price fixing by the firms that make them,…
China extends tax rebate for electric cars, hybrids
BEIJING/SHANGHAI (Reuters) – China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away…
‘Hawaii of China’ dumps GDP targets to save its tropical beaches
Something’s in the air as environment becomes new battleground for China’s cadres Adding to the problems, the inspectors found the island’s sewerage systems were inadequate to cope with all the property projects being built and…
China hands down harsh sentence to rights activist
Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. A prominent activist who calls himself the “Ultra Vulgar Butcher” for mocking and pressuring…
China’s Hollywood romance turns sour
At the end of 2016 Wang Jianlin, the chairman of Dalian Wanda, the Chinese property, retail and entertainment group … in the summer Wanda denied rumours that he had been forbidden from leaving China. Once…
Yum! Brands, Inc. Stock Will Continue to Deliver as India Stores Double
The last time I checked on with Yum! Brands, Inc. (NYSE:YUM), the company had cashed out its China investments through a spin-off called Yum! China Holdings Inc (NYSE:YUMC), and presumably focusing more on the U.S.…
China urges cooperation after US brands it a competitor
Cooperation between China and the United States will lead to a win-win outcome for both sides, but confrontation will result in mutual losses, China said on Tuesday, after the United States branded it a competitor…
What China is doing to create a tech edge over the US
Nor does it just assemble devices for Apple, or make clothes for Nike. China manufactures over 70 percent of all smartphones. Chinese brands accounting for half of the world’s market share. China also produces 80…
Volkswagen’s Spanish Unit to Sell Electric Cars in China Under New Name
Seat SA, the Spanish subsidiary of Volkswagen AG, will sell its China-made electric cars (EVs) under a different brand name in the country, sources familiar with the matter told Caixin. The official establishment of Volkswagen’s…
Apple is Morgan Stanley’s top tech pick for 2018 because iPhone X is a hit in China
Apple’s iPhone X is not only pushing existing customers in China to adopt the new luxury phone, but is even causing people to switch away from different brands, according to Morgan Stanley. The combination of…
5 exciting brands opening stores in Toronto next year
This popular, China-based, self-described “Japanese lifestyle brand” will expand into Toronto this year after a successful October launch in Pickering. Often described as a competitor to Dollarama, you’ll find everything from cosmetics to electronics ……
China to forge international consumption hubs
Large-scale e-commerce platforms will be encouraged to cooperate with international brands, and premium commodities and services will be introduced to satisfy mid- to high-end consumer demands. This is part of China’s consumption upgrading program to…
