He added that China would continue to improve business and investment conditions for foreign companies. But foreign firms have grown weary of what they say are China’s piecemeal economic reforms. Long … ( read original…
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Cramer Remix: Be very careful with Luckin Coffee’s IPO
The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock. US eases some restrictions on China’s Huawei The U … ( read original…
Paying the Price: WeChat Merchants Banned From Crypto Payments
This ban marks the latest effort to stymie cryptocurrency usage in China, with the government also mulling over ways of greatly decreasing the presence of crypto mining on its soil. A rough … ( read…
Retailers, Brands Brace for Trade War Impact by Diversifying Sourcing
“Apparel manufacturers may be more nimble relative to footwear companies in their ability to shift production out of China,” Telsey noted. “We see the highest tariff exposure in G-III [estimated at … ( read original…
The Changing Regulatory Landscape: How Blockchain Can Work in China
It has been a long-held opinion that blockchain and cryptocurrency aren’t the most welcomed topic in China, but as of today, increased signs have shown that the world’s second largest economy has … ( read…
Technology, telecom and cars dominate the 50 most valuable brands in the world
US-China trade war: Here are the five worst Dow Jones industrial average performers as trade dispute escalates Store closings: CVS, Payless and Victoria’s Secret are just some of the brands closing … ( read original…
How To Capture New Customers In China’s Booming Cosmetics Market
Online cosmetics in China is a big business and growing bigger–but how does it work? Let’s look at three marketing tactics employed by both Chinese and international brands in China. Co-branding … ( read original…
U.S. Senator Convening Meetings to Warn Business, Academia of China Threat
(Reuters) – U.S. Senator Mark Warner said on Sunday that he has been organizing meetings between U.S. intelligence officials and the country’s business and academic communities to urge caution in … ( read original story…
China’s CNPC breaks into Myanmar fuel retailing with Singapore brand
SINGAPORE/YANGON (Reuters) – China National Petroleum Corp is planning to open dozens of petrol stations in Myanmar, the first major foreign investor to enter the fast-growing Southeast Asian fuel … ( read original story …)
China’s tech transfer problem is growing, EU business group says
BEIJING (Reuters) – Cases of European firms forced to transfer technology in China are increasing despite Beijing saying the problem does not exist, a European business lobby said, adding that its … ( read original…
Doing Business in China in 2019 Harder for European Companies
European companies operating in China said doing business became harder over the last year, with slowing output, rising wages, the trade war and other factors adding to challenges in the world’s … ( read original…
Report: More companies in China handing over technology
A law endorsed in March by China’s ceremonial legislature tries to reassure foreign investors by prohibiting use of “administrative measures” to compel technology transfer. Business groups welcomed … ( read original story …)
China’s technology tactics irk its trading partners
Business groups welcomed that but said Chinese officials can … Many say they are to take advantage of China’s scientific talent pool, but such arrangements benefit potential Chinese competitors and … ( read original story…