State-owned companies will dominate as ‘the golden age of fast leverage and fast growth’ is over, analyst says Even the developers that avoid default will find the coming years brutal, another expert …
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Belgian luxury handbags brand says ‘committed’ to huge China market
Belgian luxury handbags brand Delvaux said it is confident about demand in China, a key market that it entered 10 years ago, and is committed to the country, where consumers are increasingly buying …
GM taking its GMC brand into new global markets, starting with Yukon launch
GM said it will start selling its Yukon large SUV in China later this year and then re-enter Australia and New Zealand next year.
China’s U.S. Exports See Biggest Drop in 30 Years
The tariff-fueled trade war instituted under President Donald Trump and extended by President Joe Biden is an obvious cause of a palpable slide since 2017, when Chinese goods comprised more than 21 …
China collaborates with Huawei and other tech giants to pioneer metaverse development
In a significant move to shape the future of the metaverse industry, China’s Ministry of Industry and Information Technology (MIIT) has established a …
China, U.S. business leaders more upbeat about China-U.S. relations
Business leaders from Chinese and American corporations are more upbeat about China-US relations as bilateral ties have experienced stabilization an …
China online retail spending hits $2.17tn last year, more than a quarter of global total
China announces 11 per cent surge in online retail spending … with a notable preference for domestic brands. According to the country’s Central Television, indigenous Chinese brands constituted a …
GMC to expand to Australia, New Zealand and China
GMC on Friday said it’s expanding into Australia, New Zealand and China starting with the launch of the Yukon full-size SUV. The premium General Motors Co. brand is expecting to begin selling in China …
China set to leave lending benchmark LPRs unchanged – poll
China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, a Reuters survey showed, after the central bank surprised markets by holding a key policy rate …
Shein voluntarily seeks China’s nod for U.S. IPO
Shein is asking for China’s permission to go public in the U.S., a source close to the company’s thinking confirms to Axios. Driving the news: The Singapore-based fast fashion and digital commerce …
China’s tech leaders unite for metaverse sector development
In a significant move to standardize and propel the growth of the metaverse sector, China has established a dedicated working group. This initiative, spearheaded by the Ministry of Industry and …
China’s Scrutiny of Shein IPO Plan Shows Regulator’s Reach Widening
When fast fashion giant Shein firmed up plans for a US initial public offering late last year, the online retailer hoped that it wouldn’t be subjected to regulatory review in China. Most Read from …
German government wants companies to ‘de-risk’ from China, but business is reluctant
Tough new rhetoric on China from some members of Germany’s governing coalition has led to disagreement rather than unity on what the government’s policy should be.