China’s US$22 billion skincare market will continue to grow as women gain sophistication and switch towards more premium brands, with low per capita spending on products also providing ample room for brands to grow their…
Monthly Archives For February 2018
Beijing has made ‘relentless efforts’ to improve ties with Vatican
Beijing on Friday said it has made “relentless efforts” to improve ties with the Vatican, following a report that the two sides could sign a deal on the appointment of bishops within months. China’s foreign…
Vatican ‘closer to historic recognition of Beijing bishops’
The Holy See “hopes (the concession) will lead Beijing to recognise his authority as head of the Catholic Church in China,” the Journal said quoting a “person familiar with the plan”. The Vatican is moving…
Beijing in talks with Kabul over military base in remote Afghanistan: officials
KABUL: Worried about militants sneaking into a restive Chinese region from war-torn Afghanistan, Beijing is in talks with Kabul over the construction of a military base, Afghan officials say, as it seeks to shore up…
China Unicom, Alibaba to cooperate on asset trading platform
Telecom group China Unicom and tech giant Alibaba Group have announced a joint large-scale intelligent platform for asset transactions. This marks China Unicom’s first cooperation with a private sector investor since the state-owned mobile carrier…
Chinese firms shine in Brand Finance’s 2018 most valuable brand ranking
China’s share of global brand value grew to 15 percent in 2018, London-based Brand Finance announced on Thursday. According to the consultancy firm’s latest annual report on the world’s most valuable brands, the value of…
China’s ‘Rupert Murdoch’ takes full control of animation studio behind Kung Fu Panda 3
CMC Capital Partners, led by media mogul Li Ruigang, dubbed China’s Rupert Murdoch … and look forward to many opportunities to work together as they continue to build this business as Pearl Studio,” said Jeff…
Britain’s May discusses trade barriers with China’s Xi
She is to fly home later Friday, capping a three-day, three-city visit to China. In this photo released by China’s Xinhua News Agency, British Prime Minister Theresa May and her husband Philip hold paper cuttings…
China Stocks Hit by Beijing’s Financial Clampdown
SHANGHAI—Chinese stocks had their worst week since 2016, with fresh concerns about Beijing’s campaign to cut financial risk and predictions of a slowing economy helping erase half of the market’s year-to-date gains in just a…
University takes centre stage with Prime Minister and Chinese business leaders
Today at the UK China Business Forum in Shanghai, President and Vice-Chancellor, Professor Dame Nancy Rothwell and Nobel Laureate, Professor Sir Kostya Novoselov of The University of Manchester addressed a group of specially selected business…
Ford’s China JV to recall 567,167 vehicles: quality watchdog
BEIJING (Reuters) – Ford Motor’s China joint venture will recall 567,167 vehicles from Feb. 25, China’s quality watchdog said on Friday. The recall is due to some brake-related problems, according to a statement posted on…
Britain’s May says trade barriers discussed with China’s Xi
In this photo released by China’s Xinhua News Agency, British Prime Minister Theresa May and her husband Philip hold paper cuttings they made while visiting the Yuyuan Garden in Shanghai, Friday, Feb. 2, 2018. Chinese…
Chinese brands rise quickly up global rankings
China’s share of global brand value has increased from 3 percent to 15 percent in the past decade, with ICBC emerging as the most valuable Chinese brand, according to a new report. Brand Finance, a…
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