Multinational consumer brands need to be agile and adapt to rapid change and keen local competition to thrive in China, and avoid the blind application of global practices, analysts said.
Monthly Archives For April 2022
China developers speed up diversification after debt-led growth fuels crisis
Chinese developers are heeding Beijing’s call and accelerating a push into asset-light businesses such as property services and commercial real estate to cut their reliance on a high-debt, …
Closed-loop systems during Covid-19 lockdown in China not the panacea they may seem
Even those companies in China whose factories are operating under so-called closed-loop systems may be forced to stop work due to parts shortages or logistical challenges that make moving people and …
China unveils support measures as lockdowns batter economy
China’s central bank unveiled measures to support the economy after official data highlighted the worsening impact of a wave of lockdowns on consumer activity. The 23 measures, …
China’s Covid lockdown nightmare: Hunger and anger in Shanghai
A strict government-imposed lockdown has led to chaos in China’s biggest city, forcing many to contemplate their next steps.
China Vows to Ease Supply Chain Woes in Foreign Chamber Meeting
Chinese officials pledged in a meeting with foreign chambers to address supply chain concerns while reaffirming their commitment to the country’s Covid Zero strategy, according to participants.
China Merchants Bank sinks by most in 11 years as damage to shareholders snowballs to US$34 billion in two days
Losses snowball over two days as shareholders remain in the dark on board decision to remove Tian Huiyu as president.
China Development Finance Corporation
The China Development Finance Corporation was an investment company formed in 1934 to facilitate investment in the Republic of China, specifically into infrastructure development and in particular …
COLUMN-China resumes storing oil, but this time it’s bearish for crude: Russell
China resumed building crude oil stockpiles in the first quarter of 2022, but unlike previous periods of inventory builds the current additions are a bearish signal. By Clyde Russell LAUNCESTON, …
China’s Shanghai reports seven more COVID-19 deaths since start of lockdown
SHANGHAI: China reported seven more deaths from COVID-19 in Shanghai on Tuesday, after hundreds of thousands of cases in the metropolis during a weeks-long lockdown.City authorities revealed …
Seven more elderly die of Covid-19 in Shanghai as China battles raging outbreak
BEIJING: Seven more people have died of Covid-19 in Shanghai, the second consecutive day the city reported deaths, as China’s financial hub continues to battle an outbreak that has put its residents …
IC design houses see more order cutbacks from China phone brands
Chinese brand mobile phone vendors have further cut chip orders for the second quarter, casting a shadow over the demand prospects for the second half of the year, according to sources at Taiwan-based …
Everlight, Chicony see China lockdown impacts on factories
LED packaging service provider Everlight Electronics and keyboard and compact camera module maker Chicony Electronics have temporarily stopped production at their factories in an industrial park in …
