Trump praised China on Thursday for what he said was instructions to its banks to cut off business with North Korea. He said the action “was a somewhat unexpected move and we appreciate it.” U.S.…
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China hits out at ‘wrong’ S&P downgrade ahead of party meeting
State news agency Xinhua quoted Chinese economists as saying the downgrade wouldn’t impact on foreign investment, because the Chinese government was introducing policies to improve the business environment. China has said it will expand the…
China’s Top Bank Orders Others To Cut Business Ties With North Korea
Moscow and Beijing have proposed kick-starting negotiations with North Korea by freezing Pyongyang’s nuclear and missile tests in exchange for a suspension of South Korea-US annual military drills. Tensions between the United States and North…
China’s spirits sales to surpass US$450bn by 2021
Spirits sales in China are forecast to more than double in the next five years, with speciality spirits such as baijiu and soju continuing to dominate the market, according to business analytics firm GlobalData. The…
Agribusiness delegation heads to China to improve industry ties
More than 120 influential Chinese representatives from government, business and academia including one of China’s vice finance ministers, Zhu Guangyao, and Wahaha Group chairman Zong Qinghou will meet with the Australian delegation in Beijing. (…
BRIEF-Tsumura says business and capital alliance with PING AN INSURANCE (GROUP) COMPANY OF CHINA
* Says two entities will mainly cooperate on crude drug supply system, traditional Chinese medicine and health foods related field through establishment of JV * Says unit of PING AN INSURANCE (GROUP) COMPANY OF CHINA…
Nestle signs deal to launch the Uncle Tobys and Allen’s brands in China
China’s growing affluent middle class has already fallen in love with Weet-Bix, sometimes stripping Australian supermarket shelves and paying up to $50 a box, could soon pick up a taste for some of our iconic…
Western payment companies must be the ‘right type of different’ in China
Many of the world’s biggest brands have a desire to crack China, home to over 1.3 billion consumers. And with the country’s citizens eagerly embracing cashless transactions – even some city buskers take payment via…
China brands stand out on streets of Sudan
A BYD brand taxi is parked outside a bus station in Sudan on September 20. Photo: Li Hao/GT A man walks past a parked Geely brand sedan on a street in Sudan. Photo: Li Hao/GT…
With 963 Million Users, WeChat Lures U.S. Brands—And Longs For America
WeChat, the most popular messaging app in China, which boasts 963 million users, is opening up its service to U.S. advertisers. Today, its parent company Tencent announced a new ads platform designed to attract Western…
China’s Tencent And WeChat Ready To Make A Big Play For U.S. Advertisers
“For U.S. advertisers, China presents a dynamic, lucrative and challenging opportunity. Brands have become more sophisticated about the needs and behavior of Chinese tourists. To make a sale outside China, they understand that they need…
North Korea Brands Trump ‘A Barking Dog’ Over World War 3 Threats, China Issues Ultimatum To Washington
Unless you have been living under a rock you will know that U.S. president Donald Trump threatened to “totally destroy” North Korea earlier this week. Ironically Trump used a speech at the United Nation’s, an…
Mobike enters the United States
Mobike, one of China’s biggest bike sharing brands, announced its entry into the U.S. market Wednesday in a company statement. Mobike, one of the world’s largest smart bike-sharing companies, rode into its first US city,…
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