Zhou Xiaochuan, Governor of the People’s Bank of China. Jacky Naegelen/Reuters Although US President Donald Trump did not label China a “currency manipulator” on his first day in office as he said he would, a…
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China may be preparing for a crippling preemptive missile strike on US military bases
3, 2015. Andy Wong/Reuters A new report by Thomas Shutgart on War On The Rocks details the disturbing level to which China appears to have planned out a crippling missile attack on US military bases…
US & China on brink of trade war, warns Goldman Sachs
Last month China’s state-run Global Times newspaper warned that US business could be targeted for retaliation in any trade war ushered in by President Trump. It said that as the United States has the stronger…
China's Foreign Reserves Fall to 6-Year Low After Outflows
China’s foreign exchange reserves have fallen to a six-year low following outflows of capital that prompted Beijing to tighten controls on outbound investment. Reserves declined by about $13 billion in January to $2.99 trillion but…
China Shares Fall on Tightening Concerns
China stocks pulled back on Tuesday morning on fresh signs the government was extending steps to defuse potential credit bubbles in the broader economy, reinforcing its recent tightening moves that have helped curb risk appetite.…
First Global Signs Deal in China With Global Supply Chain B2B Platform
… or the “Company”) is pleased to advise that it has entered into an agreement to provide business to business cross border payment services for China based eGTCP.com, which is owned and operated by the…
China's foreign reserves fall below $3 trillion mark
A Chinese clerk counts US dollar banknotes at a bank in Huaibei city, East China’s Anhui province. [Photo/VCG] China’s forex reserves dropped to $2.9982 trillion in January, lower than market expectations of $3.0035 trillion, the…
Chinese beauty brands up digital investment, report says
The L2 report uses its specific worldwide standard to analyse the capabilities and achievements of 98 beauty brands in China. It analyses various key segments within the sectors including skin care, colour cosmetics and fragrance…
China moves to revitalize “time-honored brands”
BEIJING, Feb. 7 (Xinhua) — China will increase policy support for its century-old traditional brands as many of them are struggling amid a rapidly changing domestic market. The Ministry of Commerce (MOC) and 15 other…
The Most Anticipated Chinese Fintech IPOs of 2017
Greater China’s IPO market is set to continue to lead the way in 2017 fueled by listings of fintech giants including Ant Financial and Lufax, according to a report by CNBC. In 2016, Greater China…
China’s ICBC overtakes Wells Fargo as world’s most valuable bank brand, says survey
The Industrial and Commercial Bank of China has for the first time surpassed Wells Fargo to become the world’s most valuable banking brand, helping China itself become the No 1 country in terms of aggregate…
China’s Bank Brand Values Exceeds American Banks for First Time, says Report
The success of the Chinese banks and ICBC in particular comes at the expense of Wells Fargo, which has lost its position as the world’s most valuable banking brand. For the first time ever, the…
L’Oreal launches women empowerment fund to celebrate 20 years in China
As 2017 is the 20th anniversary of the French-based cosmetics company arrival in the key APAC nation, we take a look at how L’Oreal is evolving to remain popular and retain brand loyalty. L’Oreal entered…
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