MOSCOW (Reuters) – Lionel Messi may be heading home early from the World Cup after flops on the pitch for Argentina yet he will remain a ubiquitous presence in Russia and around the world as…
BUSINESS
Li-Ning Is the Chinese Sportswear Brand You Need to Know
So, slick in the way that Nike has Virgil Abloh’s Vapormaxes and AF1s and Adidas has Yeezy? Not yet. But worth noting, for education as to a powerhouse international brand with significant promise outside of…
China’s Xiaomi secures seven cornerstone investors for $6.1 billion Hong Kong IPO
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to…
China to reduce U.S. oil imports post-September amid trade spat: sources
“If the tariff is a long-term problem, the U.S. is going to struggle to find a market as big as China,” Joe Willis, senior research analyst at Wood Mackenzie said at a Thomson Reuters industry…
China smartphone makers at crossroads as high-end handsets target Apple’s iPhone X
Chinese smartphone brands are challenging their budget image with premium models costing more than US$1,000, taking aim at a segment that is dominated by Apple’s iPhone X. Oppo, China’s second-largest smartphone brand, unveiled its Find…
China’s Xi can make life tough for U.S. companies, from Apple to Walmart
vice president of China operations for the U.S.-China Business Council in Beijing. One advantage of this tactic for Xi is that this time the numbers are on his side, as U.S. investment in China is…
China smartphone makers at a crossroads as new high-end handsets target Apple’s iPhone X
Chinese smartphones may soon no longer be synonymous with budget phones after a growing number of local brands launch premium models costing in excess of US$1,000, aimed squarely at taking on Apple’s iPhone X in…
Could Donald Trump’s tariffs be the start of a new world electronics order for China?
It has also enabled China as a whole to rack up – at least on paper – a massive surplus with many of its trading partners, particularly the United States. But that could change, with…
Tencent : Interbrand announces Best China Brands 2018
Interbrand, the world’s largest and most influential brand consultancy, has announced its Best China Brands ranking for 2018. Best China Brands is the most authoritative brand ranking and study of its kind, capturing timely market…
Alibaba’s CMO on why it’s ramping up its pitch to brands with a Kantar-powered insights tool
Alibaba, which boasts some 600 million mobile users and has around 2000 brands advertising within its walls in China, said the platform will host three marketing insights and measurement tools. These include: ‘brand measurement and…
Why is Evian so expansive in China ?
Evian, the “Hermès among bottled water” in China China’s booming beverage industry also attracted a lot of international brands such as Coca-Cola, Danone and Nestlé. Evian is definitely sitting among the most popular products. The…
China’s Xiaomi targets as much as $6.1 billion in Hong Kong IPO: sources
HONG KONG (Reuters/IFR) – Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will…
Why Chinese Consumers are Leaving Multinational Brands on the Shelf
Multinationals in China now face formidable competition from domestic brands in almost every sector. What can they do to regain the ascendancy? In recent months, Beijing’s vast subway system has been plastered with posters featuring…