It’s all part of plan to boost Nova Scotia’s lobster exports to China , valued at $113 million in 2015. Tmall.com says it is the biggest business-to-consumer retail platform in Asia. It already sells Cuban…
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Germany urges fair business environment for its carmakers in China
BONN, Germany Germany wants China to create a fairer business environment for foreign companies, especially German carmakers seeking to tap into Beijing’s drive for greener cars, Foreign Minister Sigmar Gabriel told his Chinese counterpart Wang…
Meet Mr. ‘Death by China,’ Trump’s inside man on trade
Navarro, a 67-year-old professor in the University of California at Irvine’s business school who is the head of the new White House National Trade Council. His task: to help rewrite the rules of global trade,…
3 Chinese warships have wrapped up a week of training exercises in the South China Sea
Exercises by the Chinese ships, in particular the aircraft carrier Liaoning, in recent months have unnerved its neighbors, especially given long-running territorial disputes in the South China Sea. The training included sudden attack drills and…
US biz in China warms to trade shake-up
“Reciprocity” has become the new buzzword in the US business community in China, with some industry leaders saying they would welcome a tougher approach from the Trump administration in opening up the markets of the…
China solar tariffs in EU get 18-month extension
European Union member states have cleared an 18-month extension of import tariffs on solar panels from China, a compromise position after initial opposition, sources said on Friday. Anti-dumping and anti-subsidy duties have been in place…
China jails former business regulator for 18 years for graft
BEIJING: A court in China jailed a former senior official at one of the country’s business regulators for 18 years on Friday for corruption, state news agency Xinhua said. Sun Hongzhi was a deputy head…
Video: 6 Issues Defining US-China Relations
President Donald Trump inherited a US-China relationship that many analysts see as deteriorating amid nationalistic rhetoric on both sides and contentious disagreements over trade, territory, and a host of other issues. Over a year and…
Legendary Cadillac Brand Now More Popular in China Than in the U.S.
Cadillac sales in China have exploded, jumping 44 percent in just one month — compared to a 4 percent year-over-year decline in U.S sales. Cadillac sold 18,011 vehicles in China last month. By comparison, it…
No fake Trump hotels in China. But no special favors for the president either.
President Trump was finally given the formal legal ownership of the “TRUMP” brand to supply construction services in China this week, after a decade-long battle. Let’s be clear: the notification was not a surprise. In…
Snap Inc. IPO values company at $22B US
These amounts are based on the IPO being priced at $15 per share. Snap’s highly anticipated IPO would be the largest since China’s Alibaba Group went public in 2014. But Snap, based in Los Angeles,…
Trump's fame in China could spell the end of the “Trump toilet”
But after a decade of grinding battle in China’s courts, the president was expected to get an unlikely win this week: the rights to his own name. Trump’s late victory in the fight to wrest…
Foreign Chocolate Brands Defeat Domestically Made Chocolates in China's Valentine Season
According to the National Business Daily, chocolates that are made domestically have suffered a crushing defeat against foreign brands ahead of the Valentine season. The newspaper cited that domestic brands were seldom seen on display…