Luckin Coffee, the Xiamin based Chinese Starbucks, priced its IPO at the higher end of its $15 – $17 range. Luckin was founded a mere two years ago with a single store in Beijing but…
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China ready for further U.S. trade talks, ambassador says
WASHINGTON/BEIJING (Reuters) – Beijing is ready to resume trade talks with Washington, China’s ambassador to the United States Cui Tiankai said, as a top U.S. business lobby in China said nearly half … ( read…
US-China trade war manufacturing exodus creating boom times for Chinese logistics companies
The US-China trade war has created an unlikely winner: the Chinese logistics companies facilitating the exodus of manufacturers looking to dodge tariffs. The supply chain shift has been claimed as a … ( read original…
Bitcoin Rally Has Legs Amid Trump Versus China
And, depending on where the leaders of the U.S. and China take their trade war next, the crypto-asset rally may indeed have legs. And for reasons that should worry economists. It’s well known that ……
Chinese Olympian Li Ning on starting a sportswear empire – and the challenges of taking on Nike and Adidas
When Olympic gymnast Li Ning founded his eponymous sportswear brand in 1990, he was a 26-year-old sportsman at a crossroads in his remarkable career. Li had won six medals at the 1984 Olympics in Los…
How quintessentially British brand Fortnum & Mason plans to crack China
Fortnum & Mason is gearing up for the launch of its first fully owned and operated shop overseas as it gets ready to land in Hong Kong. However, the luxury grocer is treading international waters…
China rejects Trump claim U.S. tariffs are making firms leave
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. U.S. … ( read original…
China Cosmetics Market Report, 2019-2025 Featuring 5 Global and 12 Chinese Cosmetics Companies – ResearchAndMarkets.com
China’s online penetration rate of cosmetics will range at 31.4% in 2022. Online: The retail sales of cosmetics at Alibaba have grown apace, with fluctuations in recent months. Chinese brands have … ( read original…
China rebuffs Trump claim U.S. tariffs are making firms leave
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…
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…
