But it highlights a potent weapon that China could use if the trade war persists: slashing the $60 billion that Chinese consumers spend each year on American services such as travel and tourism. Alrea… (…
Tagged By business
China reveals trade war strain as yuan slides and manufacturing stalls
China’s economy grew at its weakest pace since the global financial crisis in the third quarter, as manufacturing output and infrastructure investment slowed. Analysts believe business conditions will … ( read original story …)
China factory growth weakest in over 2 years, slump in export orders deepens
Analysts surveyed by Reuters had forecast the official gauge, which gives global investors their first look at business conditions in China at the start of the last quarter of the year, would dip slig… (…
Luxury China: Strategy to Connect with the Chinese Elite Society
Luxury clothing brands are no longer off limits when you’re in the lap of luxury! We all daydream about living a life like this Chinese elite life full of luxurious comforts. Marketing to China it’s…
Top Chinese Online Brokers Prepare for IPO Showdown in U.S.
Two of China’s top online brokers for trading overseas stocks are preparing to face off in the U.S. market. Chinese investors have been pouring more of their money into overseas markets since the 2015 ……
Implications Of Postponed Tencent Music IPO
This is the second biggest such service in China behind the iQiqi (NASDAQ:IQ) product. iQiQi itself had an IPO in March this year. Live streaming online entertainment is very popular in China. ( read original…
Is Halloween a Missed Opportunity for Luxury Brands in China?
The spirit of Halloween is once again sweeping through the US, but in China, the holiday has been slow to catch on. Because of this, few luxury brands have fully embraced the spooky spirit over…
Many U.S. firms in China eyeing relocation as trade war bites: survey
a business survey showed on Monday. U.S. companies operating in China believe they are suffering more from the trade dispute than firms from other countries, according to the poll by the American … ( read…
Japan needs China’s business and pacified US-China relations
An increase in Japan’s exports to China was key to the country’s entirely export-driven 1 percent growth in the first two quarters. But all that could be an easily reversible work-in-progress because … ( read…
China’s Byton eyes IPO to fund expansion – Automobilwoche
Chinese electric carmaker Byton may launch an initial public offering to fund growth, Carsten Breitfeld, its chief executive and co-founder, told Germany’s Automobilwoche. “With the capital-intensive … ( read original story …)
Latest China Fintech IPO Gets a Lucky Break
Chinese financial technology (fintech) company Pintec Technology Holdings Ltd. got a lucky break on Thursday as it made its debut on the Nasdaq Stock Market just as the index snapped a three-day losin… ( read…
China-Japan drawing closer amid trade pressure from US
For now, however, Asia’s two largest economies appear to have shelved differences in favour of business ties. China is already Japan’s largest trading partner and Japanese companies from carmakers to … ( read original story…
China, Japan show united front on ‘free and fair’ trade
The demonstration of unity was underlined by the nearly 1,000 business representatives who traveled to Beijing from Japan. China’s Premier Li Keqiang said they had signed 500 agreements worth $18 … ( read original story…