Newmont Goldcorp Corp. is the world’s leading gold producer – but with no mines in China. In 2016, Yum Brands Inc. split off its KFC, Pizza Hut and Taco Bell banners in China as Yum…
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The Long-Term Impact Of US Tariffs On China
statista Some US and other companies (including a few Chinese manufacturers themselves), fearing that rising geopolitical and economic tensions between the US and China are becoming the new norm … ( read original story …)
Chinese lending marketplace 9F sets terms for $76 million US IPO
9F, an online consumer lending platform in China, announced terms for its IPO on Thursday. In its latest filing, the company also added CLSA and China Investment Securities International as joint … ( read original…
CEO of Wrangler, Lee parent isn’t afraid of a recession or tariffs on China-made goods
Kontoor Brands has its eye on China as a growth opportunity. While it currently sells its Lee-branded denim in China, Wrangler will enter the country in the first quarter of 2020, when it will be…
China bought small volumes of U.S. soy, wheat and pork ahead of latest tariff threats
China bought small amounts of U.S. soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to U.S. government data issued on Thursday, … ( read original…
China continued to import Iranian oil in July despite U.S. sanctions: analysts
China imported Iranian crude oil in July for the second month since a U.S. sanctions waiver ended, according to research from three data firms, with one estimate showing some oil entered tanks holding … (…
China posts best export growth in months, but more U.S. tariffs may cut rebound short
An official Chinese think tank attributed the rise in exports partly to Beijing’s Belt and Road initiative, a program that aims to boost business and trade ties with dozens of countries across the … (…
Nestle starts selling Starbucks-branded coffee in China
“Right now the overall soluble coffee in China is growing between 3-5% (a year) and we believe that by bringing this exciting new business opportunity we should be able to grow faster than that ……
Lincoln and Cadillac Are Still Cool Cars in China
While total China sales for both Ford and GM slid in the second quarter, demand for their premium brands climbed. Lincoln’s rose 7% in the April-June period from a year earlier, and Cadillac’s surged ……
Africa’s top mobile phone seller Transsion to list in Chinese IPO
Another interesting facet to Transsion’s IPO is its potential to create greater influence from China in African tech, in particular if the Shenzhen company moves strongly toward venture investing. … ( read original story …)
Trump says China is ‘killing us with unfair trade deals’
U.S. President Donald Trump on Wednesday said his tough stance on China’s behaviour in global markets would ultimately benefit the American economy, even as Beijing signalled it could strike back by … ( read original…
Investors remain upbeat on Asian IPOs
SINGAPORE — Despite the lackluster performance of the global IPO market with investors lukewarm to even mega unicorn offerings, sentiment in some Asian markets remain strong. Take China for instance. … ( read original story…
Tesla considers raising prices in China amid yuan uncertainty
China allowed the yuan to weaken past the 7-per-dollar level … Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign … ( read…