President Trump’s plan to impose tariffs on virtually all products from China is running into a wall of opposition from the business community, amid fears that what began as a temporary negotiating … ( read…
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K-beauty: is China falling out of love with Korean cosmetics?
And South Korean beauty brands are not just losing their edge to regional competitors, they are suffering falling domestic sales, too. Could this spell the beginning of the end for the era of K-beauty ……
This Cult Videogame Is Facing Down Copycats in China
Now, WeMade Co.’s long-time videogame hit is at the center of a string of legal battles that could serve as a rallying cry for foreign companies harboring grievances against Chinese rivals. Over the … (…
US companies’ message to Trump: Don’t expand China tariffs
WASHINGTON — What happens if President Donald Trump carries out his threat to impose tariffs on the remaining $300 billion in Chinese goods that he hasn’t already hit with 25% import taxes? … ( read…
Tough sell: Baijiu, China’s potent tipple, looks abroad
“Baijiu belongs to China, but also the world,” says Su Wanghui, information director at Luzhou Laojiao, one of the country’s biggest and oldest brands. “We hope to have people around the world try … (…
US companies’ message to Donald Trump: Don’t expand China tariffs
A New Hampshire fireworks company says it would have to raise prices, likely lose business and force some small towns to cancel their Fourth of July fireworks displays. A Minnesota motorcycle maker … ( read…
China Is Mad at UBS. Welcome to Emerging Markets
State-owned China Railway Construction Corp. has decided against hiring UBS as a joint global coordinator on a dollar-bond sale, Cathy Chan of Bloomberg News reported Monday. Haitong International … ( read original story …)
China Railway Construction says won’t work with UBS on dollar-bond sale
global chief economist at UBS’s wealth management business since 2016, in a podcast on Wednesday which was then transcribed and posted on the bank’s website. It has since been taken down. In the … (…
Huawei wins half of China Mobile’s 5G network contracts while Ericsson picks up a third
China’s largest telecommunications operator China Mobile has awarded half of its 5G network equipment contracts to Huawei Technologies, in a boon for the Chinese telecoms giant after being squeezed in … ( read original story…
Huawei secures most 5G contracts from China Mobile
A Huawei logo is seen at a store. [Photo/IC] Chinese technology giant Huawei won the most number of 5G network equipment contracts in a recent procurement from the telecom operator China Mobile, The … (…
Stocks slip as investors eye chipmakers, Chewy IPO
Broadcom also disclosed that sales to Chinese smartphone-maker Huawei alone contributed $900 million in revenue for the company, or about 4.3% of total fiscal 2018 revenue. Shares of Broadcom fell … ( read original story…
China Traders Reassess Counterparties After Bank Seizure
according to a report from 21st Century Business Herald, citing unnamed institutional investors. That is in response to the fact that China’s seven-day and 14-day “overall interbank market” pledged … ( read original story …)
Huawei Braces for a Steep Drop in Overseas Smartphone Sales
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next. Huawei Technologies Co. is preparing for a 40% to 60% drop in international smartphone…
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