Tag: brands

BEIJING — Guo Junwen was a successful property developer in southwestern China when the authorities threw him behind bars three years ago on charges involving land use and seized his business. Now free, Mr. Guo — who still disputes the charges — says ... ( read original story ...)

Last November, Yum China (NYSE: YUMC) started trading on the New York Stock Exchange after being spun off of Yum Brands (NYSE: YUM). Yum China shares surged nearly 70% since that split, but Yum shares only rose about 20%. Therefore, investors might be ... ( read original story ...)

BEIJING — Through the last four decades, China has achieved breathtaking economic growth at the cost of smoggy skies, fetid streams and lakes of dying fish. Now China is undertaking one of its most extensive efforts yet to crack down on corporate ... ( read original story ...)

China will cut the burden on business by at least 1 trillion yuan (US$150 billion) this year through its new value-added tax regime and fee cuts, Chinese Finance Minister Xiao Jie forecast on Monday. In a statement to the South China Morning Post, Xiao ... ( read original story ...)

China has reversed an import ban on several types of soft and mould-ripened cheese, including Roquefort, Danish Blue, Gorgonzola and Stilton. The authorities imposed the ban in September because the strains of bacteria used to make the cheeses weren't ... ( read original story ...)

BEIJING — China on Monday defended its growing trade with North Korea as permitted by U.N. Security Council sanctions that say they should avoid hurting "humanitarian needs." China, the North's main trading partner, "strictly implements" sanctions aimed ... ( read original story ...)

There are few, if any, aspects of doing business as a foreigner in China that are easy, but understanding local law can be the most difficult. Beyond the challenge of legal compliance, one must also understand local regulations well enough to proactively ... ( read original story ...)

HONG KONG (Reuters) - China Literature Ltd, China’s largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business. ( read original story ...)

Qudian, one of China’s largest online lenders, had a debut to remember on the New York Stock Exchange this week. Its shares closed up 22 per cent, making a multi-millionaire of founder and chief executive Min Luo. The company, which raised $900m in the ... ( read original story ...)

BEIJING (Reuters) - China’s unemployment rate has hit its lowest point in multiple years at 3.95 percent by the end of September, but employment still face challenges as the economy pushes ahead with structural reforms, China’s labor ministry said on ... ( read original story ...)