The required reserve ratio for some banks will drop by 0.5 percentage point, effective July 5, the People’s Bank of China said on its website Sunday. The aim is to support small and micro enterprises,…
Monthly Archives For June 2018
How luxury brands use four social media apps in China to reach consumers who shop mostly online
WeChat and Weibo dominate China’s social media scene. But just as there’s more to e-commerce than Taobao and JD.com, China’s leading social media platforms are only part of the story. The digital environment in a…
Cruelty-Free Beauty Brands Are Finding Ways to Get Around China’s Animal-Testing Policies
Aishwarya, a freelance writer and marketing specialist has worked for brands around the world. A trained artist and traveler at heart, she particularly enjoys working on projects related to travel, art and design. In her…
How Isobar helped turn KFC China from a fried chicken business into a tech brand
KFC arrived in China in 1987, when Western-style fast food restaurants were a novelty in the country. Fast forward to April 2015, and the brand’s longevity had become a problem. “They started losing their young…
Uncertain times for US brands in China
SHANGHAI: The escalating stand-off on trade between the United States and China could hurt a lot of American brands in the country, according to the founder and CEO of JD.com, the Chinese e-commerce giant. Speaking…
FOCUS Brands Announces Launch of Auntie Anne’s® in China
ATLANTA, June 22, 2018 /PRNewswire/ — At a launch event in Shenzhen, China, FOCUS Brands announced the introduction of Auntie Anne’s ®, the world’s largest hand-rolled soft pretzel franchise, to the Chinese market. Signifying a…
Foxconn brands US-China trade standoff a ‘tech war’
Foxconn, the world’s largest electronics contract manufacturer, has said the United States and Chinese governments are engaged in a technology war, not a trade war, describing the spat as the biggest challenge the Taiwanese company…
China Mengniu Dairy : Brand “Messi” unblemished by poor World Cup
MOSCOW (Reuters) – Lionel Messi may be heading home early from the World Cup after flops on the pitch for Argentina yet he will remain a ubiquitous presence in Russia and around the world as…
Li-Ning Is the Chinese Sportswear Brand You Need to Know
So, slick in the way that Nike has Virgil Abloh’s Vapormaxes and AF1s and Adidas has Yeezy? Not yet. But worth noting, for education as to a powerhouse international brand with significant promise outside of…
Fox spirits and demons: China’s tech giants splash out in cartoon arms race
China’s home-grown cartoons paled in comparison to the Japanese … the company said in May. Alibaba and the news aggregator Toutiao have snapped up production companies and launched animation platforms on their own sites. NetEase…
Currency strategist expects China’s central bank to intervene as yuan weakens for seventh day
The yuan extended its losses for a seventh straight session on Friday after the People’s Bank of China set the midpoint lower for a third consecutive day, but analysts expect the central bank to soon…
Xi says China must lead way in reform of global governance
BEIJING (Reuters) – China must lead the way in reforming global governance, the foreign ministry on Saturday cited President Xi Jinping as saying, as Beijing looks to increase its world influence. China has sought a…
China’s Guangxi region gets $400 million loan from World Bank
BEIJING (Reuters) – The World Bank will issue a $400 million loan to China’s southwestern Guangxi region to help poverty reduction efforts, the bank said. The funds will support efforts to boost incomes by setting…
