Some 30 residents took to the streets in Beijing Tuesday to demand higher compensation for the compulsory purchase of their homes by CCTV. After China’s largest housing contractor CSCEC raised 50.16 …
Tagged By business
China, Indonesia seal $10 billion in deals focused on green energy and tech
BEIJING (Reuters) -China and Indonesia signed deals worth $10 billion at the Indonesia-China Business Forum in Beijing on Sunday, spanning sectors including food, new energy, technology, and …
Why Ralph Lauren, the all-American luxury brand, is a hit in China
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage and preppy core products.
Indonesia’s new leader calls for collaboration with China before heading to the US
Copyright 2024 The Associated Press. All Rights Reserved. Indonesian President Prabowo Subianto gestures as he delivers a speech on stage during the Indonesia-China …
China ‘panic’ as Trump returns to White House spells more trouble for ailing economy
Mr Trump promised to introduce hefty import taxes that could see tariffs of 60 percent on goods made in China. This could pose yet another challenge to the Chinese economy that is already grappling …
‘Huge Things Coming’—Bitcoin Suddenly Explodes As Secret ‘Nation-State’ Adoption Mystery Rumors Fuel A Crypto Price Boom
Bitcoin has suddenly surged higher, with the price coming within touching distance of $80,000 per bitcoin as expectations soar a U.S. president-elect could follow through with promises to create a …
From Ikea to Muji, foreign lifestyle brands are still betting big on Chinese consumers
assistant brand director of Osim China. “For them, value-for-money does not necessarily mean buying the best products at the lowest prices. Rather, they hope that the quality and performance of a …
Foreign firms pull more money from China’s slowing economy
FOREIGN companies pulled more money from China last quarter, a sign that some investors are still pessimistic even as Beijing rolls out stimulus measures aimed at stabilising growth. Read more at The Business Times.
Exclusive: Toyota aims to ramp up China production
TOKYO, Nov 9 (Reuters) – Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it bring its Chinese sales and production…
ASML, others gets letter from lawmakers over China business
Applied Materials (NASDAQ:AMAT), Lam Research (NASDAQ:LRCX) and Tokyo Electron received letters from lawmakers on the House Select Committee on the Chinese Communist Party regarding their businesses in China.
China, Indonesia Firms to Ink $10 Billion of Deals, Prabowo Says
Chinese and Indonesian firms will sign business agreements totaling more than $10 billion … said the relationship between China and Indonesia is getting “stronger and stronger,” according to a pool report of Saturday’s welcoming ceremony.
Chinese Official Sentenced for Life After Selling State Secrets to Cover Crypto Debt
Chinese official Wang Moumou sentenced to life for selling secrets to UK intelligence, driven by crypto debt and paid in crypto.
Cartier Owner Richemont’s Sales Fall as Luxury’s China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.
