Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions …
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DBS moving to raise China securities joint venture stake to 91%, CEO says
DBS Group Chief Executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. The comments…
China’s shadowy crypto brokers lure US$75 billion as economy toils
CHINA’S over-the-counter (OTC) cryptocurrency brokers are attracting unprecedented inflows, a study shows, reflecting a hunger for alternative investments amid weak equity and property markets in a …
China’s Shadowy Crypto Brokers Lure $75 Billion as Economy Toils
China’s over-the-counter cryptocurrency brokers are attracting unprecedented inflows, a study shows, reflecting a hunger for alternative investments amid weak equity and property markets in a …
World Brand Lab Releases ‘Asia’s 500 Most Influential Brands of 2024’
Toyota, State Grid, and ICBC are listed as the top three; the national brand loyalty of China continues to growNEW YORK, NY / ACCESSWIRE /
A Banking Crisis Is Looming in China. It’s Not Just Property.
As China grapples with a deepening real estate crisis, attention is shifting to an equally pressing concern: the vulnerability of the nation’s banking sector. What was once seen as a contained issue …
Canada, Mexico Should Halt China Forced-Labor Imports, U.S. Lawmakers Say
A bipartisan group of legislators urges the country’s two neighbors to use U.S. law as a model to keep out imports that can be traced to China’s Xinjiang region.
Bye bye Burberry: Why China is giving up luxury for dupes
China was once the haven for luxury brands such as Burberry, Prada and the like. Now, it’s becoming the home to ‘pingti’ brands — the Chinese term for dupes. These replicas are fast finding favour…
China to investigate fashion firm PVH for suspected boycott of Xinjiang products
China’s Commerce Ministry says it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules …
Rich and Hungry Mideast Buyers Target China M&A
Hi, it’s Manuel Baigorri, Julia Fioretti, Pei Li and Dong Cao in Hong Kong, looking at the record-breaking investment pace from Middle East firms in China. Also today, India’s first AI unicorn mulls …
US consumer confidence drops; UK interest rates to fall ‘gradually’; stocks hit record high after China’s stimulus blitz – business live
Rolling coverage of the latest economic and financial news. Closing post 16:15 Time to wrap up…. US consumer confidence has taken a drop this month, as Americans worry about the health of their jobs market.
China’s EV exporters, dealers squeezed at home and abroad as price war rages
Rounds of price cuts by China’s car dealers are being mirrored overseas, as manufacturers take losses to gain a foothold in global markets.
Beijing Threatens to Block Calvin Klein Owner’s Access to China
Beijing said it is investigating PVH, the owner of Calvin Klein and Tommy Hilfiger, for alleged discrimination against products from the Xinjiang region—setting up a potential block on the American apparel firm’s sales in China…
