Also fuelling this is the traditional Chinese belief that the shrewdest business person deserves the best deal or outcome. People who have visited China would have experienced a microcosm of this mentality while shopping. At…
BUSINESS
More young Chinese consumers prefer domestic brands
Young Chinese consumers are becoming fans of domestic brands and turning their back on foreign products. According to a survey done by leading financial services company Credit Suisse this March, China is seeing the emergence…
In concession, Trump will help China’s ZTE ‘get back into business’
WASHINGTON (Reuters) – U.S. President Donald Trump pledged on Sunday to help Chinese technology company ZTE Corp “get back into business, fast” after a U.S. ban crippled the company, offering a job-saving concession to Beijing…
Trump pledges to help Chinese phone maker ZTE ‘get back into business’
“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump tweeted. “Too many jobs in China lost. Commerce Department has…
China Construction shares story to enhance brand at expo
Guan Qing (R), chairman of China State Construction Engineering Corporation, visits the exhibition area. [Photo provided to chinadaily.com.cn] At the forefront of the Fortune 500 list, China Construction, a leading construction conglomerate, demonstrated … (…
President Trump says he’s working with China to save ZTE
ZTE, a smartphone and telecom equipment maker that does business around the world … Now, Trump says he’s working with President Xi Jinping of China to get the company back on its feet. “Too many…
Yoox-Net-a-Porter Group, China, boss Claire Chung says luxury brands need to understand the new generation
With a career not only spanning, but creating global fashion e-commerce, Claire Chung is a renowned expert on Chinese and international retail, digital, fashion and culture. Speaking five languages and having lived across continents, Chung…
I rode China’s superfast bullet train that could go from New York to Chicago in 4.5 hours — and it shows how far behind the US really is
China has the largest high-speed railway in the world, with 15,500 miles of track and most major cities covered by the network. I recently took China’s fastest “G” train from Beijing to the northwestern city…
China now reportedly has a full set of Russia’s advanced S-400 air-defense missile system
China became the first foreign buyer of Russia’s advanced S-400 air-defense system in late 2014. The components of Beijing’s first S-400 regiment arrived in China this month. The system could give the Chinese military broader…
Chinese owner eyes Volvo Cars IPO, picks banks: source
NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16…
Chinese interest for US IPOs still strong
“Despite the heated talk on trade, I remain an optimist about US-Chinese relations, economic and otherwise,” said Drew Bernstein, co-head of the China practice at Marcum Bernstein & Pinchuk and an auditor of Chinese IPOs…
Small U.S. Brands Try Cracking The China Market With Live Streams
Last September, Sandy Friesen was trying to get into the Chinese retail market the hard way. An experienced fashion executive and former senior director at Kate Spade, Friesen is the CEO and founder of Weldon,…
8 Ways Brands Can Fight Counterfeits in China
Counterfeit luxury goods are big business in China. Together, China and Hong Kong are estimated to be the source of 86% of the world’s counterfeit goods—an amount that the U.S. Chamber of Commerce estimates is…
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