Erin Ennis, senior vice president of the U.S. China Business Council, said there was a danger the two sides will dig in on trade sanctions, without a clear strategy for resuming negotiations. While U. ……
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China eyes expanded business ties with Eastern Europe amid EU concerns
SOFIA (Reuters) – Chinese Premier Li Keqiang will offer the leaders of central and eastern Europe on Saturday expanded business ties at a summit in Sofia while seeking to reassure the EU that Beijing ……
Ford slides deeper into China rut after worst ever first half vehicle sales
LMC Automotive senior market analyst Alan Kang said one reason Ford is struggling in China is “fiercer competition” in the car market there, where luxury brands are suffering amid the rise of local Ch… (…
Trade War Aside, Yum China Stock Is Ready to Fall Right Here and Now
In 2016, global fast food giant Yum! Brands, Inc. (NYSE:YUM) split its business into two: Yum China Holdings Inc (NYSE:YUMC) and Yum operations everywhere else. Since then, Yum China stock has been th… ( read…
The Future of E-tail: Setting up Shop on China’s Online Marketplaces
Editor’s note: For luxury brands looking to break into China’s lucrative e-commerce market, the dense ecosystem can prove a minefield. Labels face the challenge of remaining exclusive and luxurious, w… ( read original story …)
Last Call: Tivoli Sues Montucky Cold Snacks Over Brand Rights; Trump Trade War with China Escalates
As Denver-based Tivoli Brewing prepares to shut down its distribution business in the next month or so, the company has also filed a lawsuit against one of its suppliers, Montucky Cold Snacks, over th… (…
As tariffs strike, China blames U.S. for ‘largest-scale trade war’
while also damaging U.S. farmers who stand to lose revenues and potentially driving up food prices in China. In the run-up to Friday, there was no sign of renewed negotiations between U.S. and Chinese ……
US-China trade battle kicks off; markets take it in stride
business partners, and increasingly competitors. It also is rooted in the clash between American notions of free trade and Beijing’s state-led development model. China’s ruling Communist Party has ins… ( read original story …)
U.S.-China trade war heats up as tariffs take effect
vice president of China operations at the U.S.-China Business Council in Beijing. “Companies don’t know how big this may get, or how it will end.” On Thursday, Ford Motor Co said that for now, it…
As tariffs loom, China state media slams Trump’s ‘gang of hoodlums’
China’s foreign minister said trade protectionism and unilateral … NO SIGN OF LAST-MINUTE TALKS There was no evidence of last-minute negotiations between U.S. and Chinese officials, business sources … ( read original story …)
As U.S.-China tit-for-tat tariffs approach, here’s what could happen
U.S. businesses and consumers were bracing for a major escalation in the United States’ trade dispute with China set to take effect as early as Thursday on the West Coast. Barring a last-minute change ……
Xiaomi faces a reality check in its long-awaited IPO
But Beijing-based Xiaomi now faces a reality check after the relative … companies the chance to raise even more funds by tapping the domestic market. The IPO was priced on Friday at 17 Hong Kong…
In China’s ‘money worshiping’ movie industry, stars’ high pay becomes a target of the central government
are celebrated here as part of China’s growing influence in the global film market. But the rise has what officials see as a pernicious side, a kind of “Hollywoodification” of the Chinese entertainmen… ( read…