“A failure to comply would immediately lead to permanent termination of our business contract … and we are not aware of any 3M suppliers in China using prison labor,” a spokesman said. ( read original…
Tagged By business
China remains Philippines’ top trading partner in 2017
This was brought about by imports growth averaging 20.7 percent from 2010 to 2017,” Socioeconomic Planning Secretary Ernesto Pernia told a business forum. For 2017, he said Philippine exports to China grew 8.4 percent, with…
China offers huge opportunities for UK businesses: British minister
China offers huge opportunities for British businesses while … both of which have arrangements with Royal Mail to ease the way for a small business,” Fox said. He reiterated the UK’s support for the Belt…
China can achieve sustainable growth through reform: World Bank
China can achieve more inclusive and sustainable development with coordinated reforms that maximize development impact and address its development challenges, according to a report from the World Bank Group. China’s growth has been slowing to…
Delphi Technologies launches revolutionary Combined Inverter and DC/DC Converter in China
“We continue to develop our business around the globe with exciting steps forward in the China market.” Delphi Technologies’ 80 million USD investment in the Suzhou Plant covers an area of over 17,000 square meters…
Australian Prime Minister Turnbull is heading to the US to talk business, China, and North Korea with Trump
Prime Minister Malcolm Turnbull heads to the United States on Wednesday, accompanied by the largest Australian political and business delegation ever to visit the US. Turnbull, a wealthy 63-year-old former Goldman Sachs partner, sees himself…
This Chinese New Year: 22 Chinese Brands Take Over NASDAQ, New York
NEW YORK – 02-20-2018 — On February 16th, 2018, the Chinese New Year was not the only celebration for China, as 22 Chinese brands made their presence felt on the NASDAQ screen in New York’s…
Australia’s Treasury Wines says sues ‘copycat’ for imitating brand in China
SYDNEY (Reuters) – Australia’s Treasury Wine Estates, the world’s largest standalone winemaker, on Friday said it launched legal action in the country’s Federal Court against a “copycat” it accused of imitating its prestigious Penfolds brand…
China automobile ad market 2017; digital accounted for almost 40%
China new energy automotive sales saw a 53.3% growth in 2017 on a year-on-year basis; the market share of own brand passenger car increased by 0.7%. China’s used car market is expected to keep strong…
Xiaomi could become the second largest Chinese smartphone brand by Q2 2018
The company will see even more growth, according to analytics firm Digitimes, with a report projecting the company to become the second largest smartphone brand in China, ahead of traditionally second-placed OPPO. According to the…
Volkswagen has record January on strong China sales
Sales in China, the company’s single biggest market … move past its 2015 scandal over diesels rigged to cheat on emissions tests. The core Volkswagen brand saw a 7 per cent global increase, while luxury…
China’s got a trade problem that can’t be solved by Belt and Road
a reactive measure started only because the national authorities were annoyed that a multinational trade pact proposed by the United States would exclude China. Well, if you exclude us, we’ll exclude you, they said. We’ll…
China’s Spring Festival Gala Is a Catwalk for Foreign Luxury Brands
Each year since 1983, China’s state-owned television network CCTV has aired the live-broadcast of a variety show, known as the Spring Festival Gala. The Gala is the most viewed TV show in the world, attracting…
