On the other side of the world, China continues to support its EV industry and has been for a while. It’s poured more than $200 billion into the sector since 2009 and is the biggest…
BUSINESS
Unlocking APAC: How Brands Can Ride China’s E-Commerce Wave
For international brands, the message is clear: APAC’s growth will be defined by those who blend localisation, storytelling, and analytics. As Cooke emphasises, “The brands winning in Asia are those …
U.S. producers and Chinese buyers are buoyed by U.S.-China trade truce
It is much harder for U.S. soybean farmers to pivot away from China. The country imports about 60% of the world’s soybeans, and the U.S. and Brazil are the two biggest producers of the crop.
China Mounts Fresh Challenge to Boeing and Airbus
The C909 is a short- to medium-range turbofan regional jet, independently developed by COMAC. It can carry up to 97 passengers and has a flying range of 2,225 to 3,700 kilometers. The C919 is a…
Even LVMH’s Arnault can’t resist shopping at the Chinese brands destroying his company’s sales
A changing of the guard is underway in China’s US$49 billion (RM203 billion) luxury market.As an economic slowdown batters the sales of global giants …
Ant International, UBS join forces on blockchain-based cross-border payment settlements
The strategic partnership aligns with financial institutions’ increased adoption of blockchain technology for cross-border payment solutions.
L’Oréal Backs Chinese Clean Beauty Brand Lan
The investment was made via L’Oréal’s China fund Shanghai Meicifang Investment and its corporate venture capital arm BOLD.
L’Oreal picks up stake in second Chinese skincare brand: inside ‘C-beauty’s rising popularity
L’Oreal boosts its China strategy with a minority stake in skincare brand Lan as global rivals recalibrate their strategy and domestic C-beauty brands reshape the market.
China’s Unitree Robotics completes pre-IPO tutoring for onshore listing
Unitree Robotics, one of China’s leading humanoid robot manufacturers, has completed its pre-initial public offering (IPO) tutoring process in only four months, a major step towards an onshore listing …
China’s WuXi AppTec, after evading threat of U.S. restrictions, comes out ahead
WuXi AppTec, the Chinese pharma giant with extensive ties with U.S. companies, appears to be thriving now that the threat of U.S. restrictions has dissipated.
China’s homegrown luxury boom offers lessons for the global fashion scene
China’s evolving luxury landscape reveals how brands rooted in local identity can capture modern consumers – and inspire markets far beyond its borders.
L’Oréal buys second Chinese skincare stake as C-Beauty brands snare market share
By Sophie Yu and Casey Hall BEIJING, November 17 (Reuters) -Cosmetics giant L’Oreal said on Monday it has taken a minority stake in mass-market Chinese skincare brand Lan, marking its second …
China shoppers are choosing local luxury over LVMH, Gucci
Five domestic prestige brands in handbags, apparel, fragrance, cosmetics and jewellery have outpaced seven foreign rivals in sales growth over the past two years.
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