SHANGHAI (Reuters) – China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that he would revert to more … ( read…
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China remains mum as Trump talks up trade truce
As White House officials fanned out to talk up what U.S. President Donald Trump called “an incredible deal” with China to hit pause in their trade war, Beijing has said little on a pact that…
Luxury brands take a hit from sluggish Chinese economy
That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90-billion a year on jewellery, clothes and other high-end goods. The industry already … ( read original…
China to consider enterprises’ credit data during IPO approval procedure
China will launch new measures connected to its national social credit system, including taking companies’ credit data into consideration during the initial public offerings approval process … ( read original story …)
Economic chill dulls Chinese appetite for some luxury brands
That is jolting brands such as Louis Vuitton and Burberry that increasingly rely on Chinese customers who spend $90 billion a year on jewelry, clothes and other high-end goods. The industry already is … (…
Chinese brands wrest edge in FMCG sector
[Photo by Yu Fangping/For China Daily] In China’s fast-moving consumer goods or FMCG sector, digitalization, New Retail and targeted product launches are increasingly giving Chinese brands a clear edg… ( read original story …)
Overseas sports brands enjoy golden age in China
Overseas sports brands are enjoying a golden age in China with the country’s rapidly burgeoning sports sector fueling their business. On Wednesday, German sporting goods company adidas opened a new br… ( read original story…
China’s Tencent Music presses play on US$1.2 billion US IPO
Tencent Music Entertainment launched its hotly-anticipated US initial public offering (IPO) of up to US$1.2 billion on Monday after global stock markets were boosted by a truce brokered by US and Chin… ( read original…
China’s biggest streaming-music service reveals the details for its US IPO
Tencent Music Entertainment filed with the Securities and Exchange Commission on Monday to set the price for its US initial public offering — one day after President Donald Trump and Chinese … ( read original…
China’s thirst for high-end beer fuels Canadian barley surge
A new variety of barley grown in Canada’s Prairies helped flavour this beer, and brewers anticipate that the kernels will one day end up in shipments to meet China’s increasing thirst for premium ales ……
China’s central bank chief says will keep monetary policy flexible
SHANGHAI (Reuters) – China’s central bank will keep its monetary policy flexible and appropriately adjust it according to changes in the country’s economic situation, bank governor Yi Gang … ( read original story …)
China gets US tariff delay but movement on tech unclear
“It’s impossible for China to cancel its industry policies or major industry and technology development plans,” said economist Cui Fan of the University of International Business and Economics in Beij… ( read original story …)
Tencent Music Revives IPO Plan
BEIJING (dpa-AFX) – Tencent Music Entertainment Group, the online music entertainment business of Chinese tech giant Tencent Holdings Ltd (TCEHY.PK) has revived plans for an initial public offering or … ( read original story …)
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