Tim Hortons is betting that the iconic Canadian brand will resonate in China, as the coffee chain plans its biggest move yet in a two-year-old international expansion strategy that has seen it go to t……
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China says US companies should lobby Washington over trade
China has a “great potential consumer market that is steadily more open,” said Gao. “We will continue to improve the business environment and protect the legitimate rights of foreign companies in Chin… ( read original…
China to restrict subsidies for shantytown redevelopment projects
BEIJING (Reuters) – China’s housing ministry said on Thursday it will restrict subsidies to cities with hot property markets for new projects to tear down and redevelop shantytowns, as Beijing battles … ( read original…
China to adjust compensation policy for redevelopment reforms
BEIJING, July 12 (Reuters) – China’s housing ministry said on Thursday it will … adding that those with low inventories and high property prices should adjust their compensation for homes that are d… ( read…
U.S. companies in China mostly oppose tariffs, survey shows
Nearly 69 percent of the 434 respondents to the annual China Business Climate Survey of the American Chamber of Commerce in Shanghai opposed tariffs, while 8.5 percent backed them. The survey, conduct… ( read original…
Xiaomi’s deflated IPO: What are the lessons?
One can only speculate now as to whether the tepid investor response was due to bad timing for the mega-IPO, given the escalating trade war between the US and China and a generally weak broader…
U.S. firms doing business in China mostly oppose tariffs, survey shows
SHANGHAI (Reuters) – Most U.S. businesses operating in China oppose the use of tariffs in retaliation for the challenges they face, from an uneven playing field to poor protection of intellectual prop… ( read original…
IPO ALERT: Chinese Tech IPOs Continue Despite Trade War
Investors have been feeling it ever since President Donald Trump provoked a trade war with China, yet there’s a silver lining to consider: Chinese tech giants are going public at a steep discount. We ……
China vows to hit back over U.S. proposal for fresh tariffs
China could also limit visits to the United States by Chinese tourists, a business that state media said is worth $115 billion, or shed some of its U.S. Treasury holdings, Iris Pang, Greater China eco……
Tim Hortons is moving into China
Tim Hortons, owned by Burger King and Popeyes parent company Restaurant Brands (QSR), said Wednesday that it plans to open more than 1,500 locations in China over the next decade through a partnership … (…
Canada’s Tim Hortons to open 1,500 stores in China
(Reuters) – Canadian coffee chain Tim Hortons is pushing into China with plans to open 1,500 outlets in the world’s second largest economy over the next 10 years, the company said on Wednesday. Restau… (…
Fast beauty: Korean contract manufacturers are key to cosmetics brands’ success in China
SEOUL — At a factory two hours south of Seoul, women clad in plastic caps and masks put peach-colored eye-shadow into cases, right next to a machine churning out a skin-color face powder. The differen……
J-beauty brands look beyond China success
TOKYO — The flood of Chinese tourists to Japan has given a fresh uplift to the high-end beauty products market. Buoyed with success, some niche brands are now venturing beyond China. Nagoya-based MTG … (…
