Our survey indicates that only 12 percent of recent car buyers want to buy the same brand the next time (Exhibit 6). While China’s car buyers have always been fickle regarding brands, this represents a…
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Molang moves along in China with Alibaba
Alibaba will serve as the exclusive agent for online and offline sales of Molang goods in Mainland China, while also becoming the brand’s non-exclusive agent in Hong Kong, Taiwan and Macao. Marking the first European…
China Jo-Jo opens three new retail health shops
… many popular brands are also a prominent feature in the brand’s stores. Along with accepting Hangzhou municipal health insurance at the new store in Dingqiao District, the China Jo-Jo retailer offers a specific rewards…
China’s November factory growth picks up
Data upbeat despite crackdown on air pollution and cooling property market BEIJING • Growth in China’s manufacturing sector unexpectedly picked up last month, despite a crackdown on air pollution and a cooling property market that…
France Will Press China for More Financial Market Access
China earlier this month unveiled a set of financial reforms during a trip by U.S. President Donald Trump to Beijing, while Le Maire’s trip comes ahead of a visit by French President Emmanuel Macron next…
China Minsheng Bank handed fine in fake wealth management products case
China Minsheng Banking Corp has been fined 27.5 million yuan (US$4.2 million) in the fake wealth management products case that exposed lax internal control and risk management at the lender, according to the China Banking…
Canadians doing business in China should be warned of possible trouble, former envoy says
A former Canadian ambassador to China says Ottawa should issue a prominent and official warning to Canadian business people that commercial disputes in China could result in their being detained and having their passports seized.…
China Transforms the Trucking Business
Travel to the edge of any Chinese city and eventually you’ll find a parking lot full of idling trucks and suffocating diesel emissions. In bigger cities, such as Shanghai, these lots sprawl for tens of…
Why Canada must pursue a trade relationship with China
While no formal announcement has been made, Prime Minister Justin Trudeau is fully expected to launch free-trade negotiations with China during his visit to Beijing next week. After more than five years of on and…
Beware risks of business with China: former ambassador
A former Canadian ambassador to China says the Canadian government is not doing a good enough job of warning people of the risks of doing business in China. Chinese authorities have imprisoned Canadian wine producer…
Rights groups call on Trudeau to raise plight of prisoners held in China on trip
OTTAWA — A Montreal woman whose father has been imprisoned in China wants Prime Minister Justin Trudeau to press for the release of him and more than a dozen other prisoners, but she isn’t optimistic.…
Why Parts of Beijing Look Like a Devastated War Zone
BEIJING — At night on the edges of Beijing, the migrant workers who keep China’s capital city fed, cleaned, swept and supplied wait in fear of a knock on the door that could ruin their…
Minsheng Bank Fined Record $4 Mln for Wealth Management Fraud
… bank executives and employees were handed penalties including fines and bans from the banking industry, according to a statement released Thursday by the Beijing office of the China Banking Regulatory Commission (CBRC). The Minsheng…
