Nor does it just assemble devices for Apple, or make clothes for Nike. China manufactures over 70 percent of all smartphones. Chinese brands accounting for half of the world’s market share. China also produces 80…
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Volkswagen’s Spanish Unit to Sell Electric Cars in China Under New Name
Seat SA, the Spanish subsidiary of Volkswagen AG, will sell its China-made electric cars (EVs) under a different brand name in the country, sources familiar with the matter told Caixin. The official establishment of Volkswagen’s…
Apple is Morgan Stanley’s top tech pick for 2018 because iPhone X is a hit in China
Apple’s iPhone X is not only pushing existing customers in China to adopt the new luxury phone, but is even causing people to switch away from different brands, according to Morgan Stanley. The combination of…
5 exciting brands opening stores in Toronto next year
This popular, China-based, self-described “Japanese lifestyle brand” will expand into Toronto this year after a successful October launch in Pickering. Often described as a competitor to Dollarama, you’ll find everything from cosmetics to electronics ……
China to forge international consumption hubs
Large-scale e-commerce platforms will be encouraged to cooperate with international brands, and premium commodities and services will be introduced to satisfy mid- to high-end consumer demands. This is part of China’s consumption upgrading program to…
ANTA Unveils PyeongChang 2018 Award Ceremony Outfit for the China Winter Olympic Team
Zheng Jie, Executive Director of ANTA Sports and ANTA Brand President, said, “China’s winter sports are still in the preliminary stage, so ANTA Sports wants to leverage its own strength to encourage more people to…
London’s Hamleys Store Opens in Beijing
BEIJING, Dec. 23, 2017 — On December 23rd, 257-year-old British Toy Retailer Hamleys, opens its largest store worldwide in Beijing, the third one so far in China. An exclusive Hamleys Toy Parade is also held…
Beijing Tops China’s First ‘Green Development’ Index, But Sinks in Public Opinion
Beijing: China published its first “green development” index on Tuesday, listing regional governments which promote environmentally friendly development, with Beijing coming out top, though it came second-to-last in a survey of public satisfaction. ( read…
China hands down harshest sentence yet in crackdown on activists
BEIJING (Reuters) – China sentenced a prominent rights activist to eight years … Chinese state media branded those reports “fake news” and said the accounts were concocted as a means of gaining attention. Xie’s lawyer…
China’s new consumption-driven economy isn’t what it seems
In China, where wealth is concentrated in Communist Party cadres and those close to them, the average is meaningless because the rich distort the reading. What matters is the median. The property bubble in big…
China Mobile selects Spirent for mobile core network validation
Spirent Communications, the in mobility infrastructure testing, announced that China Mobile has selected Spirent’s Landslide test platform to accelerate validation of mobile core network functions. Landslide will execute key validation tests used by … (…
China’s banking sector’s total assets rise to 244 trln yuan
BEIJING, Dec. 26 (Xinhua) — China’s banking sector’s total assets were 244.44 trillion yuan (about 37 trillion U.S. dollars) at the end of November, up 10 percent year on year. Meanwhile, total liabilities of financial…
Why Greece is banking on China’s modern-day Silk Road to help its economic recovery
Greece hopes to transform its ancient port of Piraeus into the entry point for an extensive network of roads and railways that will allow China to penetrate into the heart of Europe, its ambassador to…
