Weekly US-China News-Issue: August 18th, 2015

Market

California braces for falling yuan’s ripples – Los Angeles Times

Why Beijing Reformed Its Exchange Rate System Now – Caixin Online

PBOC Dismisses Talk of Devaluation as Move to Boost Exports – Caixin Online

The world has a bigger problem than China’s currency devaluation – The Washington Post

China’s Devaluation of Its Currency Was a Call to Action – The New York Times

China’s yuan depreciation could hit domestic firms – CNBC

Ecommerce/Internet

Macy’s to set up China online store on Alibaba’s Tmall Global – Reuters 

Global Brands works on an alliance with China e-commerce giants – Internet Retailer

Mobile accounts for more than half of all sales in China for Alibaba – Internet Retailer

Alibaba Spends $4.6 Billion on Suning in Ma’s Biggest Buy – Bloomberg 

Real Estate

Overnight, NYC real estate got more expensive for Chinese buyers – The Real Deal

What next? A China housing crash? – Financial Times

Chinese buyers feed new energy into Texas real estate – CNBC

Agriculture/Food and Wine

Highlights Of China’s 2015 Food Safety Law – Law360

U.S. growers worry over China’s economy – Los Angeles Times

Going Organic: Investing in China’s Growing Health Foods Market – China Business Review

5 Reasons You Shouldn’t Trust ‘Organic’ From China – Epoch Times

How China’s yuan devaluation could affect your food costs – CNBC

Mintel: China overtakes U.S. as top ice cream market – FoodBusinessNews

Food scares strip McDonald’s, KFC of treat status in China – Reuters 

Doing Business In China

E-commerce drives investment in China’s reefer logistics networks – JOC.com

The Trademark Woes Of Michael Jordan (And Many Others) In China – NPR

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