That trend shows up in GM’s results: Its sales there were down almost 15 per cent in the third quarter, and volumes fell for all brands except Cadillac – which accounts for only 5.5 per…
BUSINESS
China to widen market access for foreign investors
China will widen market access for foreign investors and step up protection of intellectual property rights, China’s President Xi Jinping said on Wednesday ahead of the G20 meeting of world leaders in … ( read…
Saudi Arabia nabs new China oil demand, challenges Russia’s top spot
Saudi Arabia is set to expand its market share in China this year for the first time since 2012, with demand stirred up by new Chinese refiners pushing the kingdom back into contention with Russia…
Jack Ma, China’s most prominent capitalist, is a member of the Communist Party
Today’s party isn’t exactly exclusive. Its members represent nearly 7 per cent of China’s population. Its ranks include government officials, business people and even dissidents. Being a member often … ( read original story …)
Alibaba-backed parenting site Babytree starts taking orders for downsized IPO
The Beijing-based firm started trading on the Hong … The firm debuted at HK$6.91, or $0.88, compared to its IPO price of HK$6.80. That values Babytree at HK$11.5 billion, or $1.47 billion … ( read…
Babytree’s shares rise in Hong Kong debut after cutting IPO size on waning investors’ appetite
and concerns over China’s slower economic growth have sapped investors’ confidence. Some technology companies have also performed poorly since their IPOs in Hong Kong, further weighing on investors’ s… ( read original story …)
Two Chinese copycat fashion brands lose trademark battles but war is far from over
From Gucci’s counterfeit-mocking “Guccy” line to Vetements’ “Official Fake” raincoat, some luxury brands have been known to turn China’s notoriety for intellectual property infringement into cheeky cr… ( read original story …)
Alibaba’s ‘Innovation Center’ Gives Brands Edge in China
Stinky tofu is beloved in China, but stinky breath? Not so much. Studies show that as China’s middle class continues to grow in wealth, so does its pursuit of better health – including oral care.…
China works to look open to foreign business as G-20 summit nears
BEIJING—In its latest move to show it’s open for foreign businesses ahead of a summit with President Trump and other Western leaders, China paved a way for German insurer Allianz SE. With a meeting of…
It’s official: China’s E-commerce king is a communist
China’s most famous capitalist is a Communist … even though a 2015 reference can be found on the website of a business group in Alibaba’s home province of Zhejiang. “There has been speculation befor… (…
Alibaba’s ‘Innovation Center’ Gives Brands an Edge in China
Stinky tofu is beloved in China, but stinky breath? Not so much. Studies show that as China’s middle class continues to grow in wealth, so does its pursuit of better health – including oral care.…
Chinese brands in medical rehabilitation coming
Currently, there is a gap between China and other countries in the medical rehabilitation industry. China needs to bring about innovative breakthroughs and have its own medical rehabilitation brands.” ( read original story …)
Dolce&Gabbana fiasco shows importance, risks of China market
“Without China, the hinterland for growth, D&G will obviously be in a weak competitive position and in danger of being eliminated,” the Chinese business magazine New Fortune said in a social media pos… ( read…
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