“I think Chinese customers think about American companies differently.” But KFC-owner Yum Brands (YUM) and McDonald’s (MCD) both said their China businesses suffered last year from anti-U.S. protests over an international tribunal’s ruling on territorial…
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China moves to boost foreign investment in manufacturing
In May 2015, China introduced the “Made in China 2025” blueprint, listing several tasks for the manufacturing industry, including boosting innovation, fostering Chinese brands and service-oriented manufacturing. ( read original story …)
U.S. business in China warms to possible Trump trade policy shake-up
BEIJING “Reciprocity” has become the new buzzword in the U.S. 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…
As MNCs Retrench, Reigniting the Power of Global Brands
Indeed, there are few local products that compete at a price premium versus international brands. This advantage, however, should not be taken for granted. In some sectors, local players are lifting their game. China’s Alipay,…
How Your Small Business Can Sell in China Today
Small business has been a big focus for President Trump and his administration. Recently, he met with Alibaba Group CEO Jack Ma, where they declared their joint intention to help create a million new U.S.…
China says no return to old capital controls
Pan Gongsheng, head of State Administration of Foreign Exchange, was quoted in China Business News on Monday, saying that China’s forex management policies will balance efforts between guarding against risks of cross-border capital flows and…
Trade, investment remain stability source for China-U.S. relationship
President of the U.S.-China Business Council (USCBC) told Xinhua in a recent interview. Bilateral trade surged from 2.5 billion U.S. dollars in 1979 to 519.6 billion dollars in 2016, an increase of 211 times, data…
110 Japanese firms went bankrupt in China last year: Report
BEIJING: About 110 Japanese firms went bankrupt in China last year, a research report said, highlighting challenges in doing business in the world’s second largest economy. A new report by Tokyo Shoko Research showed that…
China's auto sales slow sharply in January
A visitor and his child try out a new car at an auto show in Wuhan, Hubei province. [Photo/Xinhua] BEIJING – The growth of auto sales in China slowed sharply in January, affected by holidays…
China FX regulator surveying Shanghai firms
SAFE is also looking at the operations of US-invested firms in China, including their business models and whether those firms will move production to other countries or divest from China. ( read original story …)
Recent Trump win on China trademark raises ethics questions
Trump’s late triumph in the fight to wrest back his brand for construction services could prove to be the first of many intellectual property victories in China during his presidency. Each win creates value for…
Here are China's top businesswomen, according to Forbes
Dong Mingzhu,president of GreePhoto: YouTube screengrab Lucy Peng, or Peng Lei, chair of Ant Finance, ranked at third, was one of three people to make the list from Alibaba Group and its affiliates. Here’s a…
China approves 12 new IPO applications
BEIJING, Feb. 11 (Xinhua) — The China Securities Regulatory Commission (CSRC) on Friday approved 12 IPO applications. The 12 firms will be allowed to raise a maximum of 7 billion yuan (1.03 billion U.S. dollars),…