China’s new wide-ranging cybersecurity law is drawing some serious apprehension from the U.S. property/casualty insurance industry. Trade associations and experts alike caution that it will create business obstacles in the world’s second-largest economy. ( read…
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Australia may have to choose between trading with China or security with the US
This would compel its co-dependent trading partners like Australia to soon make a clear choice between the US and China. Giovanni Di Lieto is a Lecturer for the Bachelor of International Business within Monash Business…
China regulator warns e-commerce firms on ‘Singles Day’ sales tactics
China’s business regulator said it has warned leading online shopping companies, including Alibaba Group Holding and JD.com, against adopting dodgy sales tactics at the upcoming “Singles Day” festival, China’s biggest shopping day of the year.…
China pushes through cybersecurity law despite foreign business fears
China has adopted a controversial cybersecurity law to tighten control over the internet, triggering concerns from foreign businesses and rights organisations. The law was passed yesterday by the standing committee of the national legislature and…
Chinese airlines lure Western business travellers with new offerings
Riding an overseas tourism boom, China’s airlines are sprucing up services on gleaming new jets to fresh destinations with the bold aim of cracking a lucrative passenger market dominated by established rivals – Western business…
WEDC seeks companies for China trade venture
The trip will include visits to Shanghai, Tianjin and Beijing, China’s three top cities for global business connections, according to a statement from the WEDC. “With a greater metropolitan area population of 34 million, Shanghai…
Nissan expects sales growth to slow in China, U.S. in near term
Sales in China in the six-month period grew 3.8 per cent from a year … Nissan raised its exposure to the strong yen at the start of the business year in April as it has…
China's drive to become a rugby union superpower
Tingting Zhang, business development manager of Beijing-based sports marketing firm Yutang Sports, says rugby union is currently a “niche” sport in China compared with basketball, table tennis and badminton. But she says it does have…
China exports down 7.3% from a year ago
China’s exports fell again in October in a fresh sign that weak global demand is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment. Exports contracted by…
China's October exports fall in new sign of global weakness
BEIJING — China’s exports fell again in October in a fresh sign of weak global demand that is complicating efforts by Beijing leaders to shore up economic growth and reduce reliance on trade and investment.…
China’s Internet Controls Will Get Stricter, to Dismay of Foreign Business
HONG KONG — In August, business groups around the world petitioned China to rethink a proposed cybersecurity law that they said would hurt foreign companies and further separate the country from the internet. On Monday,…
China replaces finance minister amid debt, stimulus efforts
BEIJING — China’s government replaced its finance minister Monday with a veteran of its tax bureau, prompting expectations communist leaders plan changes in the tax system. A government announcement that Lou Jiwei, one of China’s…
China's Wanda Group buying Dick Clark Productions
China’s Dalian Wanda Group announced on Friday its $1 billion US acquisition of Dick Clark Productions, the TV company that produces the Golden Globes and the Miss America pageant. One of China’s most important conglomerates,…