VCG. Securities Association of China (SAC) recently drafted a decision on revising the investor management rules for initial public offerings (IPOs) and …
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EU must compensate dairy sector if Irish food exports become ‘collateral damage’ in trade war with China, farmers warn
A move by China to potentially hit Ireland’s diary sector in a tit-for-tat response – after the European Union slapped tariffs on electric car imports – has been met with anger and disappointment from the…
Sephora layoffs: LVMH’s cosmetics retailer brand trims around 10% of China staff as woes deepen
While Sephora has expanded to some 300 stores since entering China in 2005, the country is increasingly difficult for higher-end retailers to navigate as consumers seek out cheaper goods amid a …
Walmart’s Booming China Business Paved Way for JD.com Split
Walmart Inc. is flying so high on the strength of its Chinese operations that it’s exited a long-time local partnership, an outlier in a consumer landscape that’s increasingly hostile to foreign …
Pound hits one-year high amid US interest rate cut hopes; PwC braces for China ban over Evergrande audit – business live
Rolling coverage of the latest economic and financial news. 08:39 Gatwick Airport has said it is “experiencing one of our busiest summers yet”, after 19.9 million passengers travelling …
Pound hits one-year high amid US interest rate cut hopes; PwC braces for China ban over Evergrande audit – business live
Rolling coverage of the latest economic and financial news. 08:39 Gatwick Airport has said it is “experiencing one of our busiest summers yet”, after 19.9 million passengers travelling …
ANALYSIS: US-China relations and the trillion-dollar question for global markets
The tech industry, global trade patterns, and international markets all hang in the balance, awaiting the outcome of the US presidential election …
Daily Cuts – Luxury brands suffer as Chinese growth slows
China’s economic slowdown and a crackdown by Beijing on displays of wealth are taking a toll on some of the world’s top luxury brands. LVMH sales in Asia, which include China but not Japan, fell…
China’s PwC slap may yet pack a punch
PricewaterhouseCoopers can finally start to think about putting its involvement in the China Evergrande scandal behind it. The auditor’s China unit may soon be given a record fine and a six-month ban,
Passed the peak? China’s crude oil imports trend down: Russell
China is also encouraging consumers to switch from older, less efficient vehicles to NEVs or more efficient ICE cars. This month Beijing announced an enhanced trade-in programme that will offer …
One of China’s hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered
Xiaomi’s first EV, the $30,000 Speed Ultra 7, sold out within a day of its March launch, but isn’t expected to break even for a while.
China’s Didi bounces back from losses caused by Beijing’s crackdown on internet services as it prepares IPO in Hong Kong
Didi Global Inc. swung to a profit in the June quarter, a welcome boost for the company as it prepares for a potential re-listing in Hong Kong.
Reactions to China’s anti-subsidy probe on EU dairy imports
China launched an anti-subsidy investigation into dairy imports from the European Union a day after the bloc’s revised tariff plan for electric vehicles made in the Asian giant. Wednesday’s inquiry …
