Expanding your business in China can seem so straightforward. The trend lines always rise in research reports. Consultants say the country offers growth like nowhere else in the world, even if the environment is increasingly…
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China moves to stop illegal logging trade
That includes a crackdown on countries that don’t have the will or ability to regulate rampant unregulated logging, said Fu Jinquan of China’s State Forestry Administration (SFA). China has sealed its borders against forest imports…
China Sees New Ambiguity With Donald Trump’s Taiwan Call
BEIJING — China’s leaders have been markedly reticent about what kind of leader they think Donald J. Trump will be. A pragmatic dealmaker, as his business background might indicate? Or a provocateur who tests the…
Obama blocks Chinese company's takeover of Aixtron's US business
[Photo/VCG] WASHINGTON – US President Barack Obama on Friday blocked a Chinese company’s purchase of the US business of German chip equipment maker Aixtron, despite objections from China. Obama issued an order directing China’s Fujian…
China should use part of foreign reserves to stabilise yuan
“Now is the best time to stabilise yuan currency expectations,” Sheng Songcheng, advisor to the People’s Bank of China (PBOC) said during a forum in Beijing, according to the 21st Century Business Herald newspaper. Sheng…
China's Huawei pledges long-term development, creativity and competitiveness to boost Vietnam's ITC sector
HANOI – China’s leading information and communications technology (ICT) provider Huawei Technologies Co Ltd has pledged to long-term development projects in Vietnam, said David Sun, President and Chief Executive Officer of Huawei in the Southeast…
Obama bars China's Fujian from buying Aixtron's U.S. business
Obama’s executive order barring China’s Fujian Grand Chip Investment Fund (FGC) from completing the acquisition of a German company with American assets was one of few such instances in which a U.S. president has blocked…
Infant formula company Bellamy's shares plunge 44pc on weaker China sales
Organic baby formula maker Bellamy’s share price has plummeted after the company reported weaker sales in China. As much as 43.9 per cent was wiped from the shares this morning after Bellamy’s released an investor…
China looks to clamp down on foreign investment spending
regulators are contemplating new measures that could include detailed scrutiny of purchases outside China and a temporary cap on overseas buying, set at $10-billion (U.S.) for foreign investments, $1-billion for assets outside a company’s core…
Concur to Expand Business in China
Together with China DataCom Corporation, Concur’s expansion in China will help companies with localization, globalization and digital transformation of T&E processes BEIJING, Dec. 1, 2016 /CNW/ — Concur, an SAP (NYSE: SAP) company and the…
Why China’s New Cybersecurity Law Is Bad News for Business
China’s new cybersecurity law, expected to take effect next June, could hurt any foreign firm looking to do business in the world’s second-largest economy. Though the law is intended to fight non-Chinese and Chinese hackers,…
Asian markets higher after China factory data
SEOUL, Korea, Republic Of – Asian stock markets moved mostly higher on Thursday as upbeat factory data from China boosted investor sentiment. KEEPING SCORE: Japan’s Nikkei 225 jumped 2.3 per cent to 18,727.25 while South…
China introduces 10% extra tax on 'super cars'
China has introduced an additional 10% tax on “super cars”, including Ferrari, Bentley, Aston Martin and Rolls-Royce. The tax, affecting cars that cost more than 1.3m yuan ($189,000; £151,024), is aimed at curbing lavish spending…
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