YICHUN, China/ SHANGHAI (Reuters … caution retaliation could widen in scope and severity, weighing further on business confidence and global economic growth. The yuan CNY=CFXS lost 1.6% … ( read original story …)
Tagged By ipo
Versace Loses Chinese Brand Ambassador Amid T-Shirt Controversy
Versace has just lost its brand ambassador in China. Chinese actress Yang Mi said she’ll end her cooperation with the luxury fashion label after a controversy erupted online over claims that its … ( read…
China’s soft market turns brutal for domestic brands
SHANGHAI — Chinese brands continue to lose market share at home, and the biggest domestic automaker — Geely Automobile Holdings — is not immune, with sales tumbling more than 20 percent for the … (…
Nova Scotia to build ‘100% China-friendly’ website, navigate censorship in bid to grow commerce
The decision is only the latest in a series of overtures by Premier Stephen McNeil’s provincial government to court business interests in China despite rising tensions between Canada and China. … ( read original story…
Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive
Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen. Speaking to Forbes in an interview on Aug. 8, Chris … ( read original story…
Chinese brands outperforming German premium car makers on e-mobility
[Photo by Zhang Dandan/China Daily] BERLIN – Chinese original equipment manufacturers (OEM) were becoming relevant competitors for top German players in the premium automobile segment, according to a … ( read original story …)
China to push to attract more high-tech manufacturers
BEIJING (Reuters) – China will push to attract more high-tech manufacturers to set up in the world’s No.2 economy, the nation’s commerce ministry said late on Friday, without giving further … ( read original story…
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
squeezed by a worsening U.S.-China trade war. Many Western carmakers were already struggling before the downturn, as Chinese consumers abandoned their mid-market brands for increasingly assertive … ( read original story …)
IPO Update: 9F Readies U.S. IPO Plan
9F and selling shareholders hope to sell $76 million of ADSs in a U.S. IPO. The firm operates a peer-to-peer online lending and financial services marketplace in China. JFU has a downward revenue … (…
Nova Scotia looking to build ‘100% China-friendly’ website to promote trade, sidestep censorship
HALIFAX—Nova Scotia is continuing its bid for an amiable trade relationship with China, with plans for a promotional website built specifically to fit the country’s strict internet censorship laws. … ( read original story …)
Trump says U.S. still talking with China, but not ready to make a trade deal
“China wants to do something, but I’m not ready to do anything yet. Twenty-five years of abuse – I’m not ready so fast, so we’ll see how that works out.” the president added. Trump said…
Trump still has plenty of ways to escalate his China trade war
Trump has said an easing of restrictions on sales to China’s Huawei Technologies Co. that was part … holding off on a decision about licences for U.S. companies to restart business with Huawei after ……
U.S.-China trade war weakening demand for oil
PARIS — The trade war between the United States and China and a broader decline in world economic growth are weakening the demand for oil and pushing prices down, the International Energy Agency said ……