China’s official factory gauge maintained momentum, suggesting campaigns to reduce both pollution and debt risk haven’t curbed output. The manufacturing “purchasing managers index” edged down to 51.6 in December, in line with the forecast in…
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China’s December factory growth eases as tough pollution measures bite
Growth in China’s manufacturing sector slowed slightly in December as a punishing crackdown on air pollution and a cooling property market start to weigh on the world`s second-largest economy. BEIJING: Growth in China’s manufacturing sector…
China manufacturing activity slows in December
BEIJING, China — China’s manufacturing activity edged down in December, official data showed Sunday, but largely maintained momentum despite increased curbs on heavy industry aimed at taming the country’s chronic air pollution. The manufacturing ……
China recovers $112 million in misused poverty relief funds: State news agency
The report gave no details on how the funds were misused. China’s government has pledged to wipe out poverty by 2020. China has spent 196.1 billion yuan ($30.14 billion) on poverty relief over the past…
The 5 Diverging Ways Luxury Brands Approach E-Commerce in China
Thirty-five percent of Chinese customers are already accustomed to purchasing luxury goods online, according to a white paper published by Tencent, Secoo, and Deloitte. Even when purchasing at traditional bricks-and-mortar retail stories, Chinese shoppers ……
China offers tax break to keep investors after US changes
China has long been among the top global destinations for investment but foreign enthusiasm is cooling. Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less…
China denies improper NK oil supplies after Trump criticism
China on Friday, Dec. 29, 2017 denied violating U.N.-imposed limits on oil supplies to North Korea after U.S. President Donald Trump criticized Beijing for allowing oil to reach the North. (AP Photo/Mark Schiefelbein, File) BEIJING…
China December factory growth seen slowing only slightly despite smog war
BEIJING (Reuters) – Growth in China’s sprawling manufacturing sector likely slowed only slightly in December despite tough pollution measures that have forced some factories to curb production and a cooling housing market, a Reuters poll…
Trump warns that ‘there will never be a friendly solution’ to North Korea if China continues allowing oil to flow into the country
President Donald Trump took to Twitter on Thursday to berate China for allowing illegal oil trading with North Korea. Ship-to-ship trading of certain goods, including oil, with North Korea is illegal under UN sanctions passed…
China offers tax break to keep investors after U.S. changes
China has long been among the top global destinations for investment but foreign enthusiasm is cooling. Surveys by business groups show companies are shifting emphasis to other Asian economies seen as more profitable or less…
China temporarily waives taxes to get foreign firms to stay
The new incentives for foreign business to keep their earnings in China follow the passing last week of a corporate tax overhaul in the United States. The US reform will lower the tax rate for…
Air China will become international passengers’ first choice for border crossings
This policy will be a strong driver for the tourism and aviation industry throughout the Beijing-Tianjin-Hebei Region. Air China Limited (“Air China”) will actively facilitate the new visa-free transit policy. Putting the needs of connecting…
China’s drinking habits are changing, and that’s a big opportunity for beverage makers
Corona and Stella Artois, classified as “super premium” brands by the company, have recorded double-digit growth since they were launched in 2014, CEO Carlos Brito told CNBC recently. China’s first brewery was founded in Harbin…
