The report gave no details on how the funds were misused. China’s government has pledged to wipe out poverty by 2020. China has spent 196.1 billion yuan ($30.14 billion) on poverty relief over the past…
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The 5 Diverging Ways Luxury Brands Approach E-Commerce in China
Thirty-five percent of Chinese customers are already accustomed to purchasing luxury goods online, according to a white paper published by Tencent, Secoo, and Deloitte. Even when purchasing at traditional bricks-and-mortar retail stories, Chinese shoppers ……
China offers tax break to keep investors after US changes
China has long been among the top global destinations for investment but foreign enthusiasm is cooling. Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less…
China denies improper NK oil supplies after Trump criticism
China on Friday, Dec. 29, 2017 denied violating U.N.-imposed limits on oil supplies to North Korea after U.S. President Donald Trump criticized Beijing for allowing oil to reach the North. (AP Photo/Mark Schiefelbein, File) BEIJING…
China December factory growth seen slowing only slightly despite smog war
BEIJING (Reuters) – Growth in China’s sprawling manufacturing sector likely slowed only slightly in December despite tough pollution measures that have forced some factories to curb production and a cooling housing market, a Reuters poll…
Trump warns that ‘there will never be a friendly solution’ to North Korea if China continues allowing oil to flow into the country
President Donald Trump took to Twitter on Thursday to berate China for allowing illegal oil trading with North Korea. Ship-to-ship trading of certain goods, including oil, with North Korea is illegal under UN sanctions passed…
China offers tax break to keep investors after U.S. changes
China has long been among the top global destinations for investment but foreign enthusiasm is cooling. Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less…
China temporarily waives taxes to get foreign firms to stay
The new incentives for foreign business to keep their earnings in China follow the passing last week of a corporate tax overhaul in the United States. The US reform will lower the tax rate for…
Air China will become international passengers’ first choice for border crossings
This policy will be a strong driver for the tourism and aviation industry throughout the Beijing-Tianjin-Hebei Region. Air China Limited (“Air China”) will actively facilitate the new visa-free transit policy. Putting the needs of connecting…
China’s drinking habits are changing, and that’s a big opportunity for beverage makers
Corona and Stella Artois, classified as “super premium” brands by the company, have recorded double-digit growth since they were launched in 2014, CEO Carlos Brito told CNBC recently. China’s first brewery was founded in Harbin…
Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi
HONG KONG (Reuters) – Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp…
China Erects Brand New Statue to Honor Trump’s Incredible Year as President
While many liberals spew the idea that President Donald Trump has diminished the United States’ standing abroad, one Chinese commercial area has taken a major step toward honoring Trump’s memorable first year in office. (…
China Dinnerware Retailer Serves Up Highest Rating from TopConsumerReviews.com
However, finding that perfect design by a quality manufacturer can be difficult at best when shopping at brick-and-mortar stores, who often carry a limited selection of brands and patterns. For this reason, many shoppers looking…
