China says supports WTO after U.S. trade threat

A truck drives past container boxes at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai Thomson Reuters BEIJING (Reuters) - China supports the work of the World Trade Organization (WTO), the country's foreign ministry said on ... ( read original story ...)

Hershey to cut 15 percent of workforce. Is China to blame?

Hoping to broaden its footprint in China, Hershey acquired a local chocolatier Shanghai ... "Removing cost and complexity from our business will make us more flexible to quickly react to changing consumer and competitive marketplace trends," Hershey ... ( read original story ...)

China's billionaires have been crushing it under Trump

China's billionaires are having a field day under US President ... according to the daily ranking. Andy Kiersz/Business Insider Their financial performance has lagged behind that of the broader market, with the S&P 500 and the Dow Jones industrial average ... ( read original story ...)

Taiwan's Foxconn 'definitely bidding' for Toshiba chip business

southern China. Toshiba is considering selling the majority - or all - of its marquee flash-memory chip business, as it seeks to make up for a $6.3 billion writedown from its nuclear operations. Gou declined to say how much of the Japanese company's chip ... ( read original story ...)

CITIC 'plans domestic IPO' to boost capital

[Photo/China Daily] BEIJING-CITIC Trust Co, China's largest trust firm, is planning an initial public offering on the domestic stock market to boost its capital, according to sources. CITIC Trust General Manager Li Zimin announced the IPO plan in an ... ( read original story ...)

China Feb factory growth beats expectations as orders pick up

The services sector accounted for over half of China's economy last year and for the majority of growth, as rising wages give Chinese consumers the opportunity travel and eat out more. Improving business conditions in China are giving an welcome boost to ... ( read original story ...)

NT business urged to prepare for Chinese visitors

THE first steps in preparing Territory tourist operators to be “China ready” for the 30,000 Chinese visitors targeted by Tourism NT has been completed. About 40 operators across a range of areas including hospitality, retail and touring took part in ... ( read original story ...)