BEIJING — Wu Jianying, a company employee in Beijing, visited her father’s hometown in Hebei Province, in mid-March. In Wen’an County, a one-and-a-half-hour drive south from the capital, she heard a strange rumor: The government…
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Exclusive: China gathers state-led consortium for Aramco IPO – sources
HONG KONG/RIYADH/DUBAI (Reuters) – China is creating a consortium, including state-owned oil giants and banks and its sovereign wealth fund, that will act as a cornerstone investor in the initial public offering of Saudi Aramco,…
China, EU keen to push message of free trade, engagement
Beijing and Brussels were set Wednesday to hold their first high-level talks since President Donald Trump took office, with both sides eager to push a message of free trade and open engagement in contrast to…
Ivanka Trump’s brand is prospering — increasing her chances of conflict-of-interest violations
As the first daughter crafts a political career from her West Wing office, her brand is flourishing, despite boycotts and several stores limiting her merchandise. U.S. imports, almost all of them from China, shot up…
China’s Bright to sell Weetabix to Post in $1.76-billion deal
U.S. cereal company Post Holdings has agreed to buy British brand Weetabix from China’s Bright Food Group Co Ltd in a 1.4 billion pound ($1.76-billion) deal that will expand its international business, the companies said…
Volkswagen plans all-electric car for China next year
head of VW’s China unit. It is due to be produced under a new brand name with a local partner, state-owned Jianghuai Automotive Corp. “This will be a new co-operation on pure battery cars,” said…
Ivanka's brand prospers as politics mixes with business
U.S. imports, almost all from China, shot up an estimated 166 per cent last year. The brand, which Ivanka Trump no longer manages but still owns, says distribution is growing. It has launched new active…
China Carmakers May Be 'Destroyed' If Foreign Venture Cap Lifted
Those alliances seem to be working for domestic automakers, which earned 67 billion yuan ($9.7 billion) with their partners in 2014, according to the latest China Association of Automobile Manufacturers statistics. Yet the government may…
China remains target market for auto brands
BEIJING: Last year 11m cars were recalled in China, just over 120,000 of which were domestic brands, but this apparent discrepancy is not deterring foreign brands from targeting what remains a growing market. Chinese auto…
With Xi Jinping at Mar-a-Lago, Ivanka’s Brand Gets a Boost
Over that same weekend, Ivanka Trump’s eponymous company sweetened its own spot in China. The brand won provisional approval from the Chinese government for three new trademarks, according to the Associated Press, which gives it…
Chinese market commands localized insights for foreign brand success
More than 730 million consumers are Internet users in China, which makes digital crucial to conquering the market. “Many foreign brands assume that they can simply reuse their global audience insights when entering China market;…
China’s Premier urges Trudeau to relax controls on high-tech exports
Chinese Premier Li Keqiang used a personal telephone call with Prime Minister Justin Trudeau on Tuesday to press Canada to relax controls on exports of high-technology to China, raising concerns that Beijing could get access…
Beijing again covered in smog and sand as pollution worsens
Beijing has been smothered by a wall of smog and sand drifting in from the Gobi Desert, further spotlighting the need for the Chinese “war on pollution”. Residents wore face masks to protect themselves from…
