Vmenkov / Wikimedia, CC In the 1400s, China owned the greatest seagoing fleet in the world, up to 3,500 ships at its peak. (The U.S. Navy today has only 430). Some of them were five…
BUSINESS
Report: Chanel, Prada Among Brands Chinese HNWIs Most Aspire to Buy in 2017
Prada is listed as the number two luxury brand China’s millionaires aspire to buy in the next year, according to a recent report by Agility Research and Strategy. (Shutterstock) Chinese consumers have often been referred…
Global luxury brands failing to leverage WeChat e-Commerceled omni-channel to conquer China
Leading global luxury brands have little or no direct e-commerce offering in China, because they are failing to develop proper cross-channel strategies led by WeChat commerce. Luxury brands have trailed other retailers in digital adoption,…
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Fake Ferrero and Mars chocolate seized in China
The seized counterfeit chocolate included western brands, such as Ferrero and Mars’ Dove, which had been sold to several candy stores at Changzhou City and Nanjing City in Eastern China for the past two years.…
From diet pills to underwear: Chinese firms scramble to grab Ivanka Trump trademark
Taking advantage of – or faking – foreign brands is common in China, as is the practice of “trademark squatting,” whereby someone preemptively registers a spurious trademark claim in the hope they will later be…
IGN launches in China
The games industry in China is amongst the most successful in the world, however media brands, developers and publishers from the West has struggled to succeed in the market. IGN hopes that by teaming up…
Regulator: China needs to rein in risky stock behaviour
China’s stock market is one of the world’s biggest but prices … Regulators plan this year to “fully implement compliance and risk control” and “standardize the investment banking business,” he said. Markets have stabilized since…
China buys film studio
China’s footprint in Hollywood is expanding following a wire and cable maker’s purchase of a controlling stake in independent studio Millennium Films, which produced “Rambo” and “The Expendables.” Recon Holding said Thursday it is taking…
Trump called China the 'grand champions' of currency manipulation — and China struck back
US President Donald Trump during an interview with Reuters in the Oval Office on Thursday. REUTERS/Jonathan Ernst BEIJING — China on Friday said it had no intention of using currency devaluation to its advantage in…
Buick Carves Dominance in China; Brand’s SUVs Among Most Popular Cars
The Buick Envision is one of the most popular cars in China. (Photo : Redline Reviews/Youtube) In the west, Buick is mostly associated with the era of yore and a classic brand that has no…
Upstarts nip at top fashion brands
Luxury brands are being shunted aside by shoppers as unique designer goods edge into their territory For China’s young fashionistas, shopping malls seem to have lost some of their sparkle, clogged up as they are…
Alibaba, Huawei join Google, Apple and Facebook among world’s most valuable technology brands
It pointed out that these firms are now “making waves financially and building brands that are rapidly gaining traction outside China”. The consultancy estimates the value of brands using its “Royalty Relief” approach. This involves…
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