Latest News for: Chinese markets

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Chinese luxury brands can help boost domestic consumption

China Daily 24 May 2022
When the Chinese people had money to spare, thanks to the country's rapid economic development, and walked into luxury brand stores in Chinese cities, they often found that goods were more expensive than in the European markets ... For many years, it was believed that many Chinese ...
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Vaccine makers gain global edge with more R&D efforts

China Daily 24 May 2022
Chen, with CASS, said exporting COVID-19 vaccines will help Chinese companies accumulate valuable experience in global markets, and continuous improvements in R&D and innovation capabilities are most important for Chinese vaccine producers to polish their global image and gain better customer recognition.
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More help in pipeline for affected listed firms

China Daily 24 May 2022
The guideline containing 23 detailed policies aims to facilitate production resumption in epidemic-hit areas with the help of capital markets ... Holding a near-term equal weight on Chinese equities in the framework of emerging markets, Morgan Stanley analysts said they will continue to prefer A shares to those of Chinese companies listed offshore.
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China Focus: Diversified Chinese movies, TV dramas appeal to more fans globally

Xinhua 24 May 2022
BEIJING, May 24 (Xinhua) -- Ever since watching his very first Jackie Chan movies 17 years ago, Bakary Coulibaly has become a fan of Chinese movies and TV dramas. "The only way to get Chinese movies back then was to buy DVDs, which were all old titles rather than new ones or TV series," Coulibaly, a young Malian studying in China, recalled.
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Diversified Chinese movies, TV dramas appeal to more fans globally

Beijing News 24 May 2022
BEIJING, May 24 (Xinhua) -- Ever since watching his very first Jackie Chan movies 17 years ago, Bakary Coulibaly has become a fan of Chinese movies and TV dramas. "The only way to get Chinese movies back then was to buy DVDs, which were all old titles rather than new ones or TV series," Coulibaly, a young Malian studying in China, recalled.
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Airbnb to shut domestic business in China from July 30

Metro USA 24 May 2022
HONG KONG/SHANGHAI (Reuters) – Vacation rental firm Airbnb Inc said on Tuesday it will shut down all listings and experiences in mainland China from July 30, joining a long list of Western internet platforms that have opted out of the China market ... Its main Chinese rivals are Tujia and Xiaozhu.
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Chinese yuan strengthens to 6.6566 against USD Tuesday

Xinhua 24 May 2022
dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
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Oppo unveils new phones to expand market lead

China Daily 24 May 2022
From January to March, Oppo ranked first in the Chinese smartphone market, mainly supported by the favorable sales performance of its Reno 7-series and the new A-series, according to market research company International Data Corp.
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J.P. Morgan China chief says bullish on long-term investment in China

China.dot.org 24 May 2022
This provides huge opportunities for financial institutions that can support multinational companies operating in China and assist Chinese companies going overseas," said Leung at the J.P ... Morgan has expanded its business scope by providing services for medium-sized Chinese enterprises, helping them enter international markets.
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U.S.-listed Chinese firms trade mostly lower

Xinhua 24 May 2022
NEW YORK, May 23 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Monday with seven of the top 10 stocks by weight in the S&P U.S ... The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 3.23 percent to 28.48 ... U.S.-listed Chinese firms trade mostly lower.
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RCEP weaves new relationships for apparel trade

China Daily 24 May 2022
As the bill H.R.6256 passed by the US Congress in December 2021 attempts to prevent the importation of goods produced in China's Xinjiang Uygur autonomous region into the United States, Sun said this move will hit hard on the exports of Chinese cotton textile and garment goods to the US market.
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CX Daily: China’s Safety Problem With Illegal Buildings

Caixin Online 24 May 2022
The free market isn’t to blame for Shanghai’s lockdown woes ... signaled its global business expansion is back on track as the fintech giant put one of its top executives in charge of operations in Southeast Asia, the world’s hottest mobile wallet market ... Singapore bourse still rules Chinese mainland futures market as Hong Kong edges in.
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Another Chinese Super League setback as Chongqing withdraws

Wtop 24 May 2022
A Chinese court was told earlier ... In contrast to the lavish sums spent on famous foreign players in the previous decade — the high point came in 2016-17 when the Chinese Super League was the biggest spender in the transfer market — soccer in China is facing severe financial issues.
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Madrid tries to forget Mbappé, focus on Champions League

The Associated Press 24 May 2022
A Chinese court was told earlier ... In contrast to the lavish sums spent on famous foreign players in the previous decade — the high point came in 2016-17 when the Chinese Super League was the biggest spender in the transfer market — soccer in China is facing severe financial issues.
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EU Embargo on Russian Oil as a “when” Not an “if” Question

FX Empire 24 May 2022
Tight oil and product markets and the forthcoming US driving season are proving to support oil, as is the gradual reopening of the Chinese economy ... Although arguably, oil demand will not be immune from a cyclical downtrend that most market analysts screen as inevitable.

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AP / Cynthia S. Goldsmith, Russell Regner/CDC, File
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