BEIJING (Reuters) – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect. Price tags for ……
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Foreign brands cut prices in China as VAT rates go down
World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China’s value-added tax (VAT) cut to … ( read original…
China to curb all types of fentanyl, following US demands
“The US is concerned about all variants [of fentanyl] and it has all been resolved,” Liu Yuejin, deputy director of China’s narcotics control commission, told a news conference. Mr Liu said the claim … (…
China blames U.S. for fentanyl abuse, expands controlled substances list
China will expand the range of fentanyl-related substances it defines as controlled narcotics, a Chinese security official said on Monday, blaming U.S. culture for abuse of the drug. U.S … ( read original story …)
China’s factory activity unexpectedly grows in March, a private survey shows
China’s growth could still weaken in the near-term as indicated … Results of the Caixin PMI survey for the services sector are due to be released on Wednesday. Got a confidential news tip? We want…
China offers broad opioid curbs promised to Trump
the U.S. may be asking China to do the unthinkable Today’s coverage from Post correspondents around the world Like Washington Post World on Facebook and stay updated on foreign news ( read original story …)
China drone maker EHang delays IPO plan, eyes private funding: sources
HONG KONG (Reuters) – Chinese drone maker EHang has delayed plans for a U.S. initial public offering (IPO) and is instead looking to raise up to $200 million in a private fundraising, two people with…
China manufacturing growth rebounds in March
China’s manufacturing sector unexpectedly returned to growth for the first time in four months in March, in a sign that government stimulus measures may be slowly gaining traction, a private business … ( read original…
Chinese Dissidents Feel Heat of Beijing’s Wrath. Even in Canada.
She thought she would be safe in Toronto. Then she began speaking out against the Chinese government and became the victim of a lurid smear campaign. Sheng Xue has been the victim of a relentless…
China Purchases Could Undercut Trump’s Larger Trade Goal
WASHINGTON — At the heart of President Trump’s negotiations with China is a troubling contradiction: The United States wants to use the trade talks to encourage the country to adopt a more … ( read…
Huawei, Lenovo and Alibaba rank top 3 among Chinese global brand builders
… from inaugurating report’s 30 brands in 2017 to this year’s 50 brands is in part due to the rapid pace at which Chinese businesses are pursuing global expansion. Many of China’s brands are ……
China March factory activity grows for first time in four months, but exports weak
If sustained, the improvement in business conditions could indicate that manufacturing is on a path to recovery, easing fears that China could slip into a sharper economic downturn. But analysts … ( read original story…
More global brands join in Alibaba’s IP alliance
[Photo by Niu Jing/For China Daily] SHANGHAI – Over 130 brands have joined in China e-commerce giant Alibaba’s anti-counterfeiting alliance, with the latest entries made by multinationals like Dyson … ( read original story …)