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Alibaba's Ma says 1m US jobs pledge thwarted by trade row

Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday. The billionaire owner of China's largest online shopping portal made the headline-grabbing promise to Donald Trump last year, as Beijing courted the...

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NewsFeatured

As trade war rages, Trump flags fly out of China factory

As the China-US trade war rages, a factory set amid corn and mulberry fields in central China stitches together US and "Trump 2020" flags -- and business is good. The US and China have slapped tariffs on billions of dollars worth of each other's goods, but there is little evidence of the dispute at the Jiahao Flag Company in Anhui province....

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Retail

What does the US and China trade war mean for fashion?

The US has announced a trade war on China. Should those in Europe or the rest of the world care? The answer is a deciding yes. For luxury companies, who have a global supply chain that is widely spread across international markets, any barriers to the movement of goods could be detrimental. On a consumer level, think about the jeans and t-shirts...

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Management

What does the US and China trade war mean for fashion?

The US has announced a trade war on China. Should those in Europe or the rest of the world care? The answer is a deciding yes. For luxury companies, who have a global supply chain that is widely spread across international markets, any barriers to the movement of goods could be detrimental. On a consumer level, think about the jeans and t-shirts...

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Management

​Sanpower to introduce premium Chinese brands to Europe via HoF

London - Sanpower Group, the Chinese owner of British department store chain House of Fraser, has announced the launch of a new supply chain programme, designed to create a gateway for premium Chinese brands to gain access to the UK and EU market through House of Fraser. The new initiative, which aims to further strengthen House of Fraser's...

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ReportPartner Content

IAF warns for possible disruption in international trade in clothing

Han Bekke, president of the International Apparel Federation, is worried about the recent geo political tensions, polarisation and populism in a growing number of countries. “This could easily lead to protectionism and import duties and with that it will not only affect the world exports in clothing (approx.$ 450 billion), but also the position...

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Business|OPINION Featured

TPP: who profits, who does not

The Trans-Pacific Partnership(TPP) that was recently formed between the USA and eleven Pacific states - Canada, Chile, Mexico and Peru on one hand and New Zealand, Australia, Japan, Malaysia, Brunei, Singapore and Vietnam on the other - aims to remove trade barriers and to set common standards. Non-members like the EU are more than a bit alarmed...

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