Asian equities had a strong day with Hong Kong gaining while Mainland China succumbed to a bout of profit-taking. Alibaba, Tencent, and Baidu will not be added to the banned security list, though nine … (…
BUSINESS
Trends of the month: Facebook regulation, FMCG growth in China and digital publishers
This month: how regulation may challenge Facebook’s reliance on Instagram and WhatsApp, how FMCG brands are growing in China, and the role of digital audiences for publishers. ( read original story …)
China demands US lift Xinjiang cotton, tomato import ban
China on Thursday demanded Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they are produced by forced labor, which a … ( read original story …)
Tensions with China rise over new U.S. ban on cotton from Xinjiang
China demands that the U.S. drop a ban on cotton and tomato from Xinjiang, slamming reports that Muslim Uighurs produce them by forced labor. ( read original story …)
China Takes the Lead in Demand for Swiss Watches
As 2021 begins, the Swiss watch industry is navigating a new and unfamiliar retail landscape: For the first time, China is the world’s largest market for i. China’s … ( read original story …)
A Future Powered by Smart Innovations: 2020-2021 Global Top Brands List Grabbing Global Attention
Smart innovations promise a bright new tomorrow. On January 11, 2021, the 54th International Consumer Electronics Show (CES) was held in Las Vegas. CES 2021 was different as it, for the first time … (…
Uniqlo owner’s profits boosted by China, stay-at-home fashions
Clothing brand Uniqlo’s Japanese owner on Thursday said operating profits were higher than pre-pandemic levels in its first quarter, boosted by China’s resurgence and strong demand for stay-at-home … ( read original story …)
Uniqlo Parent Company Rides China Resurgence to Beat Pre-Pandemic Profits
Uniqlo parent company, Fast Retailing, announced its overall group revenue for the quarter ended November 2020 dropped 0.3 percent year-on-year, but operating profit rose to 113.1 billion yen ($1.09 … ( read original story …)
China Ends 2020 With Record Trade Surplus as Pandemic Goods Soar
China’s export boom continued into December, pushing the trade surplus to a record high in the month and bolstering what is already the world’s best-performing major economy. ( read original story …)
PayPal becomes first foreign firm in China with full ownership of payments business
PayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China, according to Chinese government data, as the U.S. fintech giant eyes a bigger foothold in a ……
Hivestack Appoints Troy Yang Managing Director of North Asia as They Expand to China
Hivestack today announced the expansion of its business operations into China and the appointment of Troy Yang as Managing Director, North Asia. ( read original story …)
Trump administration bans imports of cotton and tomatoes from China’s Xinjiang region, citing forced labor
The Trump administration on Wednesday issued a sweeping ban on imports of cotton or tomato products from China’s Xinjiang region, saying it had reviewed evidence of forced labor in the region. The … ( read…
Nio, the Tesla of China
“We can really think of Nio as the original Tesla of China”. Nio is not a very known brand in the United States but is a leading player in China … ( read original story…
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