Tim Hortons, owned by Burger King and Popeyes parent company Restaurant Brands (QSR), said Wednesday that it plans to open more than 1,500 locations in China over the next decade through a partnership … (…
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Canada’s Tim Hortons to open 1,500 stores in China
(Reuters) – Canadian coffee chain Tim Hortons is pushing into China with plans to open 1,500 outlets in the world’s second largest economy over the next 10 years, the company said on Wednesday. Restau… (…
Fast beauty: Korean contract manufacturers are key to cosmetics brands’ success in China
SEOUL — At a factory two hours south of Seoul, women clad in plastic caps and masks put peach-colored eye-shadow into cases, right next to a machine churning out a skin-color face powder. The differen……
J-beauty brands look beyond China success
TOKYO — The flood of Chinese tourists to Japan has given a fresh uplift to the high-end beauty products market. Buoyed with success, some niche brands are now venturing beyond China. Nagoya-based MTG … (…
China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods
China could also limit visits to the United States by Chinese tourists, a business state media said is worth $115 billion, or shed some of its U.S. Treasury holdings, Iris Pang, Greater China economis… (…
Citi readies for Asia investment surge with new China desk as trade war intensifies
HONG KONG (Reuters) – Citigroup Inc will set up a China business desk in India within the year betting on a pickup in investment flows within the Asian region, its Asia-Pacific corporate banking head ……
China vows retaliation for latest US tariff threat
BEIJING — China slammed the U.S. threat to expand tariff hikes to imports including apples, fish sticks and French doors as a “totally unacceptable” escalation of their trade battle and vowed Wednesda… ( read original…
BMW to make electric MINIs in China
BEIJING — BMW Group and the biggest Chinese SUV brand, Great Wall Motor, announced a partnership Tuesday to produce electric MINI vehicles in China as global automakers ramp up development under pres… ( read original…
U.S. set to hit China with tariffs on $200-billion of goods in trade-war escalation
They are meant to put pressure on China to stop stealing U.S. companies’ trade secrets and forcing them to hand over intellectual property to Chinese firms as a condition of doing business there. Inst… (…
Tesla’s China factory: Will it ever be built?
Elon Musk in 2015 told the Chinese news media that Tesla might begin producing cars at a new China manufacturing plant “within three years.” Three years later, no plant has been built. Construction ha… (…
‘China has crashed the price’: Canadian farmers collateral damage in China-U.S. trade war
Though there may be some upside for canola in the U.S.-China trade spat, most producers would prefer a stable trade environment in which to do business, said Jim Everson, president of the Canola Counc… (…
Beijing’s Dislike Sinks Xiaomi Valuation To At Best 30% Below IPO Price
Xiaomi’s withdrawal from China IPO application and repeated cuts in valuation followed Chinese securities Watchdog’s queries. Its Hong Kong IPO price is set at bottom of original HK$17-22 target range … ( read original story…
Tesla hikes prices in China as trade war hits carmakers
SHANGHAI (Reuters) – U.S. carmaker Tesla Inc (TSLA.O) has hiked prices on its Model X and S cars by about 20 percent in China, becoming the first automaker to raise prices in the world’s largest…
