TOTAL proceeds from the initial public offerings from Chinese technology firms reached US$1.2 billion in the first quarter this year, the highest number of IPO deals around the world, according to PwC’s quarterly Global Technology…
BUSINESS
Belt And Road To Launch China Brands
Belt And Road To Launch China BrandsAt the 121st Canton Fair, which has just concluded, Gree exhibited a full range of intelligent home appliance products, all of which are the results of its own independent…
China’s Geely buys stakes in Malaysia’s Proton, Lotus
Geely is one of China’s biggest independent auto brands. Founded in 1986 as a refrigerator manufacturer, it started producing motorcycles in the 1990s and launched its first car in 2002. It bought Volvo from Ford…
Chinese manufacturers fuel global smartphone sales
This trend had benefitted China’s domestic manufacturers including Huawei, Oppo, and Vivo, which built on their strategy to offer affordable devices with features that users wanted, the research firm said. Together, Chinese smartphone makers accounted…
Consumer Trends in China and India’s F&B Industry
China and India are increasingly consuming global brands and foods in tandem with their rapid development. The two countries are, after all, the largest and fastest growing economies in the world, and account for one-third…
China’s Geely Purchases Lotus, Plans to Restore the Brand’s Lost Luster
China’s Zhejiang Geely Holding Group Company has decided to purchase a 49.9 percent stake in Proton from Malaysian conglomerate DRB-Hicom and a majority share of the United Kingdom’s Lotus Cars. Geely seems to have an…
China’s credit rating downgraded amid fears over slowing economy
China’s credit rating has been downgraded by Moody’s for the first time in almost 30 years over fears that slowing growth and rising debts will weaken the world’s second largest economy. The agency lowered China’s…
China’s Xi urges Taiwan business lobby to back ‘one China’ principle
BEIJING Chinese President Xi Jinping urged a business lobby for Taiwan enterprises on the mainland to support the “one China” principle and contribute to unity between Beijing and Taipei, state media said on Wednesday. China…
China downgraded by Moody’s for first time since 1989 – business live
Over in the City, shares in Marks & Spencer have hit their highest level in 12 months. That’s a little surprising, as the retailer reported a 10% fall in underlying profits (and a 65% slump…
Moody’s downgrades China, warns of fading financial strength, debt
Moody’s Investors Service downgraded China’s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and…
China looks to B.C. to help recreate Silk Road
Lu, who began his Ottawa posting this year, spoke at a meeting for the Canada China Business Council at the Sheraton Vancouver Wall Centre on May 11, reiterating how China sees B.C. businesses benefiting from…
Retail Brands Target Chinese Travelers on Mobile Before They Leave Home
Digital intelligence firm L2’s recent report “Cross-Border and Travel Retail: Connecting Digitally with China’s Shoppers” discusses ways brands can be targeting consumers online both during their journey overseas and before they set off. ( read…
These 6 Chinese Brands Made Deloitte’s Luxury Goods Power List
Six luxury brands from China have made the “ Global Powers of Luxury Goods 2017,” the list of the world’s top 50 luxury goods firms, which was just published by consultancy firm Deloitte. Topped by…
