Chinese official Wang Moumou sentenced to life for selling secrets to UK intelligence, driven by crypto debt and paid in crypto.
Tagged By business
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.
Europe seeks ‘normal, fair’ China trade ties in wake of Trump win: EU envoy Jorge Toledo
The EU is increasingly anxious about incoming US president Donald Trump’s cross-Atlantic moves, while its trade row with China has deepened.
Xi Says China Willing to Boost Imports, Business Ties With Italy
Chinese President Xi Jinping told Italian President Sergio Mattarella that China is willing to import more of Italy’s high-quality products and expand their business ties.
Steve Madden just drastically changed its business to avoid Trump’s tariffs
President-elect Donald Trump has promised steep across-the-board tariffs on imports to the United States, with a particularly significant tax on goods coming from China. One US company, just two days after Trump’s reelection,
Hong Kong’s second-hottest IPO delivers 33% debut gain after 5,678 times subscription
IPO of Chinese auto-parts maker attracted 5,678 times in subscription from Hong Kong retail investors, trailing only Kwai Chung’s 2018 offering.
China Unveils $1.4 Trillion Package to Boost Economy. Investors Wanted More.
The task of stabilizing China’s economy and rebuilding consumer and business confidence has become more urgent now, given how the trade war with the U.S. could escalate if President-elect Donald Trump follows through on his…
Steve Madden will slash China imports as it prepares for Trump’s tariff pledge
Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for President-elect Donald Trump’s pledge to slap steep and sweeping tariffs…
Swiggy’s $1.4 bln IPO oversubscribed as investors bet on quick-commerce boom
India’s benchmark Nifty 50 index (.NSEI), opens new tab has cooled 8% from the record highs it hit in late September, as foreign investors shifted money to China after Beijing’s stimulus announcements …
Well-known brands flock to CIIE, displaying confidence in China
Luxury international brands are focusing on exploring China’s massive market by appealing to younger consumers at this year’s. Many are showcasing products that blend Chinese cultural elements with artistic design chic as they continue to…
Trump promised massive tariffs on imports but how he’ll pull it off is still being figured out
Just days after winning a comeback election, President-elect Donald Trump is evaluating how his campaign promises might translate into policy. When it comes to rolling out the broad-based tariffs that he pledged on the campaign…
China approves $840B plan to refinance local government debt, boost slowing economy
BEIJING — China on Friday approved a 6 trillion yuan ($839 billion … the Democrats and swept Donald Trump’s Republicans to power in America this week. AP Business Writer Zen Soo contributed from Hong Kong.
China opens up copper blending business to private firms, sources say
China has allowed more private firms to blend more polluting complex copper concentrates domestically as the country that smelts half the world’s copper struggles to secure enough standard grades, three people with knowledge of the…
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