China’s trade and business links with Germany and the European Union have brought real benefits to the peoples and companies of both sides and promoted economic growth, he added. China hopes that Germany and the…
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Dear Canadian retailers: China wants your products
Richard Liu is the founder and CEO of e-commerce company JD.com, China’s largest retailer. There is a huge shift happening today among Chinese consumers, and Canadian companies and brands are missing out. That may sound…
Foreign carmakers call on China to soften electric car quotas
FRANKFURT (Reuters) – Global automotive manufacturers have appealed to the Chinese government to delay and soften proposals for electric and hybrid car quotas, a letter seen by Reuters showed. The letter is a joint protest…
Foreign automakers call on China to soften electric car quotas
and the Korea Automobile Manufacturers Association (KAMA). As well as aiming to reduce pollution, China is looking to promote electric vehicles to try to steal a march on European, U.S. and Japanese automakers which have…
China June trade beats expectations on robust demand, but headwinds eyed
China posted stronger-than-expected June trade figures on Thursday, bolstered by firm global demand for Chinese goods and robust appetite for construction materials at home, but local curbs on lending could weigh on imports later this…
China trade with sanctions-struck N.Korea up 10.5% in first half
“As neighbours, China and North Korea maintain normal business and trade exchanges,” he said, adding that goods for ordinary people and those used for humanitarian reasons are not subject to sanctions. Overall trade growth with…
Cochlear ‘committed’ to Australia despite China plant
“Cochlear has been building its presence in China for more than 20 years and this investment recognises the importance of our business in China and will support the future growth of our emerging markets business,”…
IPO Watch: Razer Plans IPO At Up To $5 Bln Valuation
BEIJING (dpa-AFX) – Razer Inc. plans a Hong Kong initial public offering that could value the gaming gear maker at as much as $5 billion, reports said citing people familiar with the matter. The IPO,…
Why is China buying the world’s seeds?
It was China’s biggest foreign takeover of all time. On Tuesday, Dow Chemical (DOW) announced that an agriculture fund backed by the Chinese government would pay $1.1 billion for its Brazilian corn seed and research…
KFC China releasing Colonel-themed smartphone
It’s starting to seem like the KFC restaurants in China aren’t really interested in serving chicken. “Both brands have witnessed the rise of China in these 30 years, and both embody the spirit of the…
Apple Opens Data Center in China to Comply With Cybersecurity Law
For example, a government plan called Made in China 2025 names several industries, like robotics and electric cars, in which it hopes its companies will become leaders. Foreign business groups have said the laws unfairly…
China’s New VPN Clampdown Hurts Business, U.S. Group Says
China’s clampdown on the use of virtual private networks to circumvent the country’s internet controls risks disrupting businesses that depend on them for cloud services and data security. Besides using virtual private networks to gain…
18 drinks China can’t live without
“There are some different brands of rice wine in the supermarket, but rice wine isn’t common in restaurants.” Try it at: During the Dongzhi festival (also known as the “arrival of winter”) and at street…