The first question posed was one of BTC legality in China to which Wheese responded ‘yes’ … but there is no clear definition of what is ‘legal’. He added that any change will happen on…
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China’s credit push to small firms falters in factory heartland
China’s State Council set a target requiring the Big Five to increase such loans by 30% this year and cut their rates by 1 percentage point. In Guangdong, CCB said it has hiked small business…
How China is slowly expanding its power in Africa, one TV set at a time
In 2018, virtually every African head of state descended on Beijing for the Forum on China-Africa Cooperation to secure a slice of the $60 billion in development loans and business deals on offer. … (…
Restaurant Brands plans to bring Popeyes to China with partner TFI TAB Food
Restaurant Brands International Inc. says it has an agreement to develop and open more than 1,500 Popeyes restaurants in China over the next 10 years. The Toronto-based company also owns the Tim … ( read…
Trump says China is paying his tariffs, but U.S. companies keep getting the bill
moved “a chunk of our product out of China,” mostly to Taiwan, Daniel Florness, the company’s chief executive, said earlier this month. Tailored Brands, owner of Men’s Wearhouse and Jos. A. Bank, told … (…
Popeyes® Announces Agreement to Open More Than 1,500 Restaurants in China Over the Next Ten Years
“We look forward to bringing our great tasting chicken, biscuits, sides and beautiful new restaurants to our guests in China with our partner, TFI TAB Food Investments (TFI).” “We are proud to bring … (…
Should Canada get tough with China?
It forces foreign companies to turn over their intellectual property as a precondition of doing business in China and otherwise manipulates the domestic Chinese economy to secure unfair advantages. … ( read original story …)
Chinese Government Blockchain Standardized Certification Received by Lenovo, Alipay, and Aelf
Since 2017, the China Electronics Technology Standardization Institute (CESI) has been conducting Standard Blockchain System Function Test in order to pressure test and certify the top blockchain … ( read original story …)
Top investors lose $1-billion as China’s Nasdaq-style board reverses on second day
Find your bookmarks by selecting your profile name. The biggest shareholders in China’s new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the ……
Breakingviews – Corporate activism tastes different in China
The maths is more difficult where China is concerned. Brands don’t want to alienate the huge market, or anger a government that isn’t afraid to meddle in business. Even Nike has opted to avoid ……
China’s Luckin Coffee taking on Starbucks in more big markets
(CNN) – The coffee company trying to topple Starbucks in China is planning to storm other big markets … Americana runs 1,900 franchises across the Middle East for several fast food brands, including … (…
Toyota, China’s BYD to jointly develop battery EVs
In a statement, Toyota and the Chinese electric automaker said they would develop sedans and sport utility vehicles, which would be sold under the Toyota brand in China before 2025. Earlier in the … (…
China says needs ‘arduous efforts’ to meet 2019 industrial output goal
The prolonged trade war is pushing some Chinese and foreign manufacturers to move capacity to neighboring countries and rebuild supply chains outside of China. Companies relocating production is … ( read original story …)