One of the world’s largest farm equipment manufacturers is predicting a bright future in China, and it is putting its money behind that belief. AGCO, parent company of well-known brands Massey Ferguson, Fendt, Valtra, GSI,…
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China refutes claims it’s a major source of fentanyl
“It is unsubstantiated to assert that China is the top source of the synthetic opioids that have killed thousands of drug users in the U.S. and Canada,” said an article in Reference News, a Beijing…
China vows to keep slashing excess industrial capacity
Other industries such as cement and glass are also “actively” cutting capacity, Xu said at a news conference. China’s trade partners accuse the country of dumping excess steel, coal, cement and glass on world markets.…
China’s cosmetics and consumer trends in 2017 part I: A change of pace
As China has enjoyed strong growth in recent years to become the world’s second largest market, we spoke to Delon Wang, Manager of Asia Pacific Trends, Mintel, on market research predictions for the nation in…
12 Business Conferences In China You Should Attend
If you’re doing business in China or looking to get into the market, one way to jumpstart your efforts when it comes to learning the lay of the land, forming partnerships, and finding customers is…
Asia-Pacific: Some see Vancouver link in tough new currency rules in China
Andreas Schotter, assistant professor of international business at the Ivey Business School in London, Ont., said the new rules are part of China’s anti-corruption campaign. But they are also a protectionist measure to keep Chinese…
McDonald’s sells control of China business
McDonald’s Corp. has agreed to sell a controlling stake in its China and Hong Kong operations to a group of financial investors in the latest effort by the world’s largest fast-food chain to catch up…
Taco Bell China launches in Shanghai
The restaurant has opened in conjunction with Yum China Holdings, which is the licensee of Yum! Brands in Mainland China. “Leveraging our deep insights into Chinese consumer preferences, developed from close to 30 years working…
Jordan Brand’s New Chengdu Store Is The Largest Jordan-Only Store In Asia
GM of Jordan Brand Greater China said in a Nike News press release. “We look forward to bringing amazing product and personalized services to basketball and sneaker fans in Chengdu and Taipei.” The Jordan Brand…
China warns US on Taiwan leader's stopover
Chinese state media has warned the US against deviating from the one-China policy, hours after the Taiwanese leader stopped briefly in Houston. Tsai Ing-wen met Texas Senator Ted Cruz and Governor Greg Abbott during her…
China Warns After Cruz, Abbott Meet Taiwan's President
At a news briefing in Beijing on Monday, Foreign Ministry spokesman Lu Kang said China was firmly opposed to any contact between Taiwan’s leader and “anyone from the U.S. government.” He said such contacts threaten…
China IPO Fundraising Set to Jump as State Pushes Debt Reduction
Fundraising from Chinese domestic initial public offerings in 2017 is expected to jump to the highest level in six years, as the government turns to the stock market to help companies reduce debt. The volume…
McDonald's agrees China franchise sale
Under the agreement signed Monday, the US fast food giant will keep a 20% stake in its China business. Citic will hold a 52% share in the partnership while Caryle takes 28% of the new…
