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…
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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 ……
Detroit automakers face ‘time of reckoning’ in China
Dunne said U.S. automakers will have to drive brand recognition and distance themselves from China’s domestic automakers in order to succeed. The Detroit Three will have to push top-end luxury brands … ( read original…
These six dividend stocks have limited exposure to the U.S.-China trade war
Newmont Goldcorp Corp. is the world’s leading gold producer – but with no mines in China. In 2016, Yum Brands Inc. split off its KFC, Pizza Hut and Taco Bell banners in China as Yum…
The Long-Term Impact Of US Tariffs On China
statista Some US and other companies (including a few Chinese manufacturers themselves), fearing that rising geopolitical and economic tensions between the US and China are becoming the new norm … ( read original story …)
Chinese lending marketplace 9F sets terms for $76 million US IPO
9F, an online consumer lending platform in China, announced terms for its IPO on Thursday. In its latest filing, the company also added CLSA and China Investment Securities International as joint … ( read original…
CEO of Wrangler, Lee parent isn’t afraid of a recession or tariffs on China-made goods
Kontoor Brands has its eye on China as a growth opportunity. While it currently sells its Lee-branded denim in China, Wrangler will enter the country in the first quarter of 2020, when it will be…
China bought small volumes of U.S. soy, wheat and pork ahead of latest tariff threats
China bought small amounts of U.S. soybeans, wheat, sorghum and pork last week ahead of the latest escalation of trade tensions with Washington, according to U.S. government data issued on Thursday, … ( read original…
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