In order, Samsung ranked top ahead of Chinese duo Oppo and Asus, with local brand Advan and Lenovo-Motorola rounding out the top five. “The smartphone market in Indonesia as we know it has changed with…
BUSINESS
TV inventory levels at top brands escalating
Inventory levels at international TV brands reached 10.6 weeks on average recently, higher than a normal level of eight weeks. Meanwhile, those at China-based vendors climbed to 7.4 weeks compared to six weeks normally, indicated…
The 2017 RTG Consulting Brand Relevance Report Reveals Significant Gains For Chinese Brands
To succeed, brands need to move at the speed of modern China’s cultures and subcultures.” “At RTG our mission is to ensure our clients’ brands remain relevant to today’s consumers, so it’s critical to hear…
US Cardinal Health puts $1.5 billion China business on block: Sources
Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms. A deal that may be worth up to $1.5 billion, sources familiar with the matter said. Cardinal…
Exclusive: U.S. Cardinal Health puts $1.5 billion China business on block – sources
HONG KONG (Reuters) – U.S. drug distributor Cardinal Health has put its China business up for sale, drawing keen interest from state-backed Chinese pharmaceutical firms in a deal that may be worth up to $1.5…
Bank of America Won’t Do Business With China’s HNA Group
HNA Group says that Wall Street’s biggest banks are knocking at the door to do business with it as the huge Chinese conglomerate buys up businesses around the globe. But one of those banks is…
Apple moves to help struggling China business
Apple is struggling in China, and they’re looking to do something about it! Yahoo Finance’s Alexis Christoforous, Dan Howley, and Rick Newman discuss Apple’s latest step in world domination. ( read original story …)
China’s strong GDP growth paves way for deeper reforms
China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later…
Dalian Wanda amends Sunac property deal after China curbs funding
In a joint announcement, Wanda said it would sell 77 hotels in China to Guangzhou R&F Properties for 19.9 … said the deal would help boost returns for its hotel business. “Both Sunac and Wanda…
Apple names new managing director for China amid localization drive
BEIJING (Reuters) – Apple Inc (AAPL.O) on Wednesday said it has appointed a managing director for Greater China – a newly created role – in its latest move to localize product features and comply with…
Is WhatsApp being censored in China?
These are external links and will open in a new window Users of the encrypted messaging service WhatsApp have reported disruptions in China, prompting censorship claims. Many reported that voice messaging and pictures wouldn’t send…
Zhongyuan shares make sluggish debut in Hong Kong after investors spurn bank’s IPO
The bank’s shares traded for the first time at HK$2.52 each, less than 3 per cent more than the IPO price of HK$2.45. The bank, based in the Henan provincial capital of Zhengzhou in central…
Blackstone’s Stephen Schwarzman and Alibaba’s Jack Ma host US-China Business Leaders Summit
[The stream began at 8:50 a.m. ET and ended at 9 a.m.] The summit brought together a group of prominent U.S. and Chinese CEOs to discuss economic issues of mutual importance to both countries. U.S.…
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