For more than a decade, China and the United States have been engaged in a game of tit-for-tat technology protectionism, which now threatens to escalate into a wider high-tech trade war. If executed properly, the…
Monthly Archives For September 2017
Struggle for foreign brands in China spreads to provinces
Multinationals are losing market share in China to domestic rivals as the quality and marketing of home-made goods become more sophisticated, according to our latest brand survey. This trend is particularly notable in third-tier cities.…
Trump’s top negotiator brands China an ‘unprecedented’ threat to global trading system
China’s economic model represents an “unprecedented” threat to the world trading system that can not be addressed under current global rules, President Donald Trump’s top trade negotiator said. “There is one challenge on the current…
China plans 4-month crackdown to protect foreign investors’ intellectual property rights
BEIJING (Reuters) – China’s commerce ministry on Monday uneveiled a four-month crackdown, running from September until the end of 2017, to protect the intellectual property rights of companies with foreign investors. In a statement on…
China’s robotic revolution in full swing
When President Xi Jinping visited the Institute of Advanced Technology under University of Science and Technology of China in Heifei, Anhui province, on April 26, he was greeted by a human-like robot named “Jia Jia”.…
China hit by financial scam ‘epidemic’
Li Wenxing was starting a new life. In May, the young university graduate left his home in rural China on the offer of work with a software company in the city of Tianjin. But the…
This Jack Ma-Founded Startup Is Set to Have a Major IPO This Year
ZhongAn, China’s first online-only insurance company, announced an initial public offering in Hong Kong in which it plans to raise up to $1.5 billion for a potential valuation of $10 billion. The share sale will…
China and India water ‘dispute’ after border stand-off
A year ago, China blocked a tributary of the Yarlung Zangbo river as part of its most expensive hydro project, Chinese state-run news agency Xinhua reported. The news came just when Indian media were suggesting…
China’s luxury car market: Second-tier brands gain ground
The first half of 2017 was an exciting time for luxury automakers in China. Sales growth remained solid, but competition heated. Audi, the long-time luxury king in China, lost its throne to Mercedes-Benz and BMW.…
Once anti-logo, Dani Reiss leverages Canada Goose brand appeal in Europe and China
Dani Reiss, who runs Canada Goose Holdings Inc., used to be so anti-logo that he would cut the little crocodiles off his Lacoste shirts. Today, a prominent North Pole crest is emblazoned on the shoulder…
China vs US: who is copying whom?
But some Chinese companies are also leading the way in new services and business models. There are several reasons. Competing in a protected space — the likes of Facebook, Twitter, and Google’s search engine are…
Rising credit-to-GDP gap signals banking system ‘vulnerability,’ warns report
A new international banking report groups Canada with China and the special administrative region of Hong Kong as jurisdictions whose domestic banking systems are at risk from rising debt levels. The Bank For International Settlements,…
China detains man for service to evade internet firewall
The Global Times newspaper, citing the official Xinhua news agency, says the software developer was arrested … information ahead of October’s twice-a-decade ruling party congress. China restricts how licensed VPNs are used, but has yet…