The measures are aimed at rebooting the South Korean firm’s branding in China, where many see Hyundai as a lower-end maker of city taxis. Hyundai and its affiliate Kia Motors were not long ago ranked…
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Safe Sex: Chinese buy condom business as savvy youth spur demand
… it had reached an all-cash deal with China’s Humanwell Healthcare Group Co Ltd and CITIC Capital China Partners for its condoms business. Humanwell declined to comment on its strategy for the Chinese and other…
Business, Beijing style: China ready for deal-making with Trump
While Donald Trump is denigrated in much of the West, the Chinese leadership has taken a distinctly different outlook: it now sees Trump as a transactional, deal-making pragmatist with whom it can do business. The…
Trump just checked Beijing in the South China Sea for the first time — and it’s a risky bet
CSIS/AMTI/DigitalGlobe/Amanda Macias/Business Insider But when a country makes excessive, unlawful maritime claims, as an international court ruled China has done in the South China Sea, the US sends a Navy ship, usually a destroyer, to…
China Moves to Stabilize Currency, Despite Promise to Loosen Control
HONG KONG — China has made a big show of gradually loosening its grip on the value of its currency, an effort meant to mollify critics like President Trump and experts who have long urged…
Chinese regulator greenlights seven IPOs
BEIJING, May 27 (Xinhua) — The China Securities Regulatory Commission (CSRC) has newly approved IPO applications of seven companies, fewer than the 10 applications approved last week. The seven companies will raise no more than…
China securities regulator moves to reduce volatility with new rules
The China Securities Regulatory Commission (CSRC) also appears to have slowed the pace of approval for initial public offerings (IPOs), amid worries that a flood of new listings are sucking up liquidity. CSRC spokesman Deng…
China’s reforms not enough to arrest rising debt, another downgrade possible: Moody’s
The comments came days after Moody’s Investors Service downgraded China’s sovereign ratings on Wednesday by one notch to A1, saying it expects the financial strength of the world’s second-largest economy will erode in coming years…
China’s giant funds industry eyes Dublin as European HQ after Brexit
China’s gigantic $7 trillion funds industry is said to be looking at Dublin as a potential European base in the wake of Brexit. A high-powered delegation of Chinese fund managers was in Dublin yesterday to…
China’s reforms not enough to arrest mounting debt
Beijing – China’s structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless…
China risks another downgrade if debt bubble not fixed, says Moody’s
China’s structural reforms will not be enough to arrest its rising debt and another credit rating downgrade for the country is possible unless it gets its ballooning borrowing in check, two officials at Moody’s ratings…
China throws out more trade and business offers to Trump’s America
China has suggested more goods it may import from the United States as Beijing attempts to thaw once-frosty ties with the Trump administration over its trade policies. A report issued by the Ministry of Commerce…
Daughter of B.C. winery owner jailed in China seeking Ottawa’s help
The daughter of a British Columbia couple jailed in China last year while on a business trip is calling on the Canadian government to take action and bring her parents home. Lulu Island Winery owner…
