BEIJING, (Reuters) – Activity in China’s services sector picked up to a 14-month high in March as demand improved at home and abroad, a private business survey showed on Wednesday, adding to signs … (…
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Asian shares near eight-month highs, eyes on U.S.-China talks
SYDNEY (Reuters) – Asian shares paused near an eight-month peak on Thursday as investors awaited developments on trade talks between the United States and China, who appear closer to signing a … ( read original…
Ford to launch more than 30 new models in China over next three years
Ford has been struggling to revive sales in China, the second biggest market globally for the Dearborn, Michigan automaker, after its business began slumping in late 2017. Sales slumped 37 per cent in … (…
U.S., China to resume negotiations seeking end to trade rift
The Trump administration on Wednesday will resume negotiations with China toward ending a trade war that has deepened uncertainty for businesses and investors and dimmed the outlook for the global … ( read original story…
China’s IPOs Will Be a Gamble for the First Time in Years
(Bloomberg) — For the first time since 2014, China’s new stocks could go either way on their trading debut. In the country’s volatile equity market, one thing’s been a certainty: initial public … ( read…
White House expects progress on China trade deal at upcoming talks
The United States and China “expect to make more headway” in trade talks this week, White House economic adviser Larry Kudlow said on Tuesday as the top U.S. business lobbying group said differences … (…
Mainfreight boss: China ‘understands our value’
It’s exciting and invigorating to take part in the way trade is developing,” he says. There are 10 Mainfreight branches in China and the business there employs more than 400 people. Braid says … (…
Major canola exporter to China says finding new markets not easy
who’s CEO of the Winnipeg-based company that’s been doing business with China for more than 100 years. “While we are confident that we can eventually find other markets, it will not be a painless ……
China says 23 children sickened in suspected poisoning by teacher
Schoolchildren in China have been the target of often fatal attacks by people … The killer, who apparently was jealous of his rivals’ thriving business, was swiftly sentenced to death and executed. ( read original…
That curious Chinese regulation about IPO sponsors also owning stakes? It’s ‘temporary,’ says nation’s biggest investment bank
A new regulation that compels initial public offering (IPO) sponsors on China’s technology board to also take up stakes is merely a temporary requirement that is subject to amendment, said the country … ( read…
Apple, luxury brands drop China prices as VAT cuts take effect
BEIJING (Reuters) – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect from April 1. Price…
China is lulling the market into a false sense of security
“To sustain that next year they’re going to have to post in nominal terms a record flow of credit,” Autonomous Research’s Charlene Chu told Business Insider. China’s economy, however, is about to … ( read…
China drone maker EHang delays IPO plan: report
Chinese drone maker EHang has delayed plans for a US initial public offering (IPO) and is instead looking to raise up to US$200 million in a private fundraising, Reuters reports, citing two people … (…
