An influential officer of the PBoC at the meeting of China finance 40 groups had declared China’s intention to introduce a sovereign crypto asset. The declaration of this proposed introduction … ( read original story…
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Daimler to make Mercedes Benz-branded heavy trucks in China, sources say
In 2016, Daimler’s then head of its truck business told German media that it planned to make Mercedes Benz-branded Actros heavy trucks in China by the end of the decade. No details of the plan…
Can Wilmar’s China IPO mitigate the negative impact of African Swine Fever?
SINGAPORE (Aug 21): The African Swine Fever is spreading fast among the pig population in Asia and showing no signs of abating. Initially, famers in Asia thought they could contain the virus by … (…
‘You prepare for war’: how one U.S. firm tried escaping Trump’s China tariffs
HONG KONG (Reuters) – When Larry Sloven heard last year that U.S. tariffs threatened his China electronics business, he knew that setting up shop elsewhere would be a slog rather than an adventure. ( read…
Trump acknowledges China polices may mean US economic pain
WASHINGTON – President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important long-term benefits. He … ( read original story …)
Recycling ‘crisis’ leaves Cosmo Industries in the red after China’s crackdown on foreign waste
While China builds its own domestic market, foreign shippers are suffering financially without the return they used to rely on. “It’s an unprecedented attack on recycling,” said Ken Gryschuck, manager … ( read original story…
The real reason fashion brands are apologizing to China
When I was 15, I went on a family trip to Rome. I took a picture in front of the Colosseum, ate gelato on the Spanish Steps, stuck my hand in the mouth of truth…
Will the Trade War Offer a Turning Point for Chinese Luxury Brands?
One indicator of China’s future relationship with the luxury goods market is how some of its domestic brands are protecting themselves in terms of intellectual property and anti-counterfeiting … ( read original story …)
Why Fashion Brands Are Really Apologizing to China
When I was 15, I went on a family trip to Rome. I took a picture in front of the Colosseum, ate gelato on the Spanish Steps, stuck my hand in the mouth of truth…
VW Group sales rise 2nd straight month behind VW, Audi brands
Sales at Volkswagen Group, the largest light-vehicle maker in China, rose for the second straight month in July as gains at the Audi and VW brands more than offset weak results at Skoda. The German…
21st CBD Fair (Guangzhou) in China Attracts Nearly 200,000 Visitors, New Exhibition Announced for 2020
2019 /PRNewswire/ — The 21 st China (Guangzhou) International Building Decoration Fair (“CBD Fair (Guangzhou) 2019”) has concluded its most extensive exhibition to date, with over 2,100 brands … ( read original story …)
India pips China as Hyundai’s largest overseas production base
According to experts, Hyundai’s strategy of periodic launches is keeping the momentum alive for the brand. Its latest product ‘Venue’ has received an overwhelming response with more than 50,000 … ( read original story …)
Luxury brands must now show they are ‘good Chinese citizens’ after T-shirt territory anger, expert says
But David Wolf, a partner at Allison + Partners who helps multinational companies expand into China, warned that apologies from the luxury brands may not be enough for Chinese people who have “deep … (…