There is no defined mid to long-term strategy toward China in the West, says Alex Capri from the NUS Business School. ( read original story …)
Tagged By business
As US-China tensions heat up, world leaders call for unity
South Korea is squeezed between its main military ally and its biggest trading partner. In 2016, Beijing destroyed supermarket operator Lotte’s business in China after the conglomerate sold a plot of … ( read original…
Mastercard To Improve Cross-Border Business Payments Into China
Mastercard and the Bank of Shanghai announced businesses anywhere in the globe can now send payments to China more efficiently. ( read original story …)
U.S.-China Relations: How Bad Is It For Brands?
China relations creates uncertainty for brands, yet the economics of the China market are still attractive. How can brands capture the potential of the market while still protecting themselves? ( read original story …)
Singapore spy case reawakens fears China recruiting on island state
The case of a Singaporean caught spying for China in the United States has reawakened fears over China recruiting intelligence assets on an island state which has won trust among Western governments … ( read…
Ant Group’s IPO Has Deep Implications For Alibaba
Chinese equity markets were seemingly impervious to the escalating tensions between the U.S. and China which saw the closure of a consulate in each of the two countries. ( read original story …)
LVMH Confident in Recovery as China Confirms Rebound
LVMH Moët Hennessy Louis Vuitton saw a strong rebound in China in the second quarter and expects a gradual return to normal elsewhere in the second half, supported by the solid performance of … To…
China’s Blockchain Service Network on the Rise Despite Split
China’s Blockchain Service Network (BSN), the government’s ambitious state-backed blockchain infrastructure project, has continued to show substantial growth despite significant internal friction … ( read original story …)
Trade, technology and security at risk in U.S.-China feud
They have the largest economies in the world. They spend more than anyone else on their militaries. From high-tech chips to control of the high seas, their interests are … ( read original story …)
LVMH Net Profit Plummets 84% in H1, Sees Rebound in China
LVMH Moët Hennessy Louis Vuitton said net profit plummeted 84 percent in the first six months of the year, although it forecasts a gradual recovery in the second half, supported by a strong recovery ……
European stocks close lower with U.S.-China tensions, coronavirus in focus; travel stocks down 2.8%
European markets were mostly lower Monday as investors continue to monitor rising diplomatic tensions between the U.S. and China, while travel stocks tumbled after the U.K. imposed quarantine measures … ( read original story …)
Victoria Beckham Beauty Eyes China, Launches Flagship on Tmall Global
You can’t be a successful global brand without a solid China business—it’s just not possible these days,” said Sarah Creal, co-founder and chief executive of Victoria Beckham Beauty. ( read original story …)
Beijing attracts US-listed Chinese firms to come back home, amid worsening ties
“While putting effort into anti-pandemic combat, Beijing will continue to promote development and … Nasdaq recently enhanced IPO criteria for companies operating in “restricted markets” – … ( read original story …)