“We do not have evidence to suggest that China is preparing to capitulate in such a manner and do not see an end to the tariffs in the near term.” At the hearing at the…
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Trump doubles down on claims that China and the EU are currency manipulators and warns: ‘I’ll still win’
Trump used an interview with Reuters to double down on claims that China is a currency manipulator. He also accused the European Union of currency manipulation. Trump has leveled these accusations num… ( read original…
U.S. businesses beg Trump team for relief from tariffs as trade war with China rolls on
China has retaliated with tariffs on an equivalent amount of … “The chances of a deal soon are still quite small,” said Scott Kennedy, director of the project on Chinese business and the economy at…
Businesses beg for tariff relief as trade war with China rolls on
China has retaliated against an equivalent amount of U.S. goods … “The chances of a deal soon are still quite small,” said Scott Kennedy, director of the project on Chinese business and the economy ……
U.S. firms warn next China tariffs to cost Americans from cradle to grave
The top U.S. business lobbying group said the Trump administration lacks a “coherent strategy” to address China’s theft of intellectual property and other harmful trade practices and called for “serio… ( read original story …)
Doing Business in China Without a WFOE: Will the Defendant Please Rise
I do mean to sound alarmist here. Almost since this blog’s inception, we have written about how if you are doing business in China you need a Chinese legal entity, be it a Wholly Foreign…
Ant Financial IPO plans pushed back again
Ant is also under pressure from Beijing’s efforts to tighten control of non-banks … “I am not surprised that they once more are postponing their IPO.” The decision to delay Ant’s listing was made se……
Nissan to boost China production capacity by 40 percent, source says
BEIJING (Reuters) – Japan’s Nissan Motor Co (7201.T) plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by 2021 – part of a 60 billion yuan ($8.73 billion) stra……
China’s NIO files for IPO in the US in push to compete with Tesla
China’s NIO is arguably the furthest along of all the flashy electric car startups that have formed over the last few years. Now it wants to go public in the United States on the New…
Trade war puts new strains on America Inc’s factories in China
Rising risk from the trade tensions “gave us good impetus to check out how we look at the whole business”, said Bernard Cheung, director of global strategic marketing at DSM China. For some, the respo……
Global luxury brands again chase China’s young, rich and spendthrift
HONG KONG (Reuters) – Global luxury brands from Prada (1913.HK) to LVMH (LVMH.PA) are investing in China for the first time since a crackdown on conspicuous spending five years ago, focusing on smalle… ( read…
FOCUS-Global luxury brands again chase China’s young, rich and spendthrift
* Millenials are the key driver of luxury spend in China * Falling luxury prices in China help boost demand * Brands moving into second, third tier cities By Farah Master and Donny Kwok HONG…
Tim Hortons’ China menu to offer congee, matcha along with the double double
Despite some of the adjustments the brand will have to make, food industry expert Robert Carter thinks the expansion makes sense because China’s growing middle class is willing to spend their increase… ( read original…
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