(Bloomberg) — Chinese regulators have allowed S&P Global Ratings’ Beijing-based wholly owned unit to conduct credit rating business on the mainland, according to a statement from the People’s Bank of … ( read original story…
Tagged By business
DealBook Briefing: 5G Is the New Arms Race With China
(FT) Rusal, the world’s largest aluminum producer outside China, said Jean-Pierre Thomas had resigned … billion for a stake in the Abu Dhabi National Oil Company’s refining business. (Reuters) • Kik … ( read original…
China grants Ivanka Trump 5 trademarks amid trade talks
Ivanka Trump’s lawyers in China did not respond immediately to a request for comment … There is also concern that the family’s global trademark portfolio would open the way for lucrative business op… ( read…
Deloitte Business Outlook: China downturn insures Australian growth
Faltering growth in China has an “ironic upside” to Australian short-term prosperity, as Chinese stimulus designed to offset a slowdown flows into Australia through commodities trade, according to Del… ( read original story …)
Tencent-backed Maoyan prices Hong Kong IPO at lower end, raises $250 million
HONG KONG (Reuters) – Maoyan Entertainment, China’s top movie-ticketing platform by sales that is backed by Tencent, priced its Hong Kong IPO at the bottom of an indicative range to raise $250 … ( read…
Explainer: Key Issues, implications of U.S.-China trade talks
WASHINGTON (Reuters) – U.S.-China trade talks will reach a pivotal phase this week when Chinese Vice Premier Liu He comes to Washington for negotiations with his U.S. counterparts, U.S. Trade … ( read original story…
China’s industrial profits shrink again in Dec. on weak prices, demand
BEIJING (Reuters) – Earnings at China’s industrial firms shrank for a second straight month in December, putting pressure on policymakers to support industries hurt by slowing prices and weak factory … ( read original story…
China’s Dec. industrial profits shrink again on weak demand, trade headwinds
BEIJING (Reuters) – Earnings at China’s industrial firms shrank for a second straight month in December on slowing prices and sluggish factory activity, piling more pressure on an economy in the … ( read original…
Chinese Whispers: Valentino Appoints Chinese Menswear Brand Ambassador, and More
In “Chinese Whispers,” we share the biggest news stories about the luxury industry in China that haven’t yet made it into the English language. In this week’s edition, we discuss: Valentino’s new Chin… ( read…
China’s confident and carefree Generation Z spend over US$7,000 a year on luxury goods
“We don’t know if they’ll grow up to be successful but we do know that they are already a significant spending force that consumer brands must pivot towards.” China’s Generation Z landed in an unusual……
Hyundai Is the Latest Car Manufacturer to Scale Back in China
South Korean Hyundai and affiliated Kia together were the third largest selling car brands in China in 2016. But sales were so low in 2018 that the companies’ joint ventures used only half their ……
Manny Pacquiao’s Anta apparel proves there’s money to be made for Chinese brands in the West despite trade war concerns
in addition to a major economic slowdown in China. Li-Ning, perhaps the biggest of the Chinese sportswear manufacturers, were reported to be preaching caution about this year when asked. “Our market i… ( read original…
Mastercard says plans to apply for China license to clear card payments
SHANGHAI (Reuters) – U.S. payments card company Mastercard Inc said on Friday it still plans to apply for a bankcard clearing license in China and was in “active discussions” to explore solutions. ( read original…
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