KFC might be the number one fast food brand in China, but it faces aggressive competition to hold onto the top spot in the crowded marketplace. The brand is on a mission to reinvent KFC…
BUSINESS
Another FAW shakeup adjusts focus on new key brand goals
… Besturn is to rank among the top five auto brands and among first-tier Chinese brands between 2020 and 2025. The joint ventures aim to be among the best companies in China, the sources said.…
Making a Chinese brand cool
Aucma Co Ltd, one of China’s largest refrigeration equipment suppliers, is making efforts to reshape Chinese brands as trustworthy and responsible in the company’s go-global strategy. The Qingdao-based company is keen on improving its innovative…
Chinese consumers still engage with Western brands
SHANGHAI/LONDON: China’s National Day Golden Week holiday has just come to an end, but there are still many ways in which Western brands can target Chinese consumers and a new survey provides essential insights. Research…
China Services Sector Growth Falls to 21-Month Low in September-Caixin PMI
BEIJING — Business activity in China’s services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed. The survey was in sharp contrast…
Riding 5G to help China’s SMEs
“Without doubt, China is really an important and everchanging market for … With her husband also busy on business trips, it’s a huge challenge for Barzdukas to keep a balance between her responsibility to her…
Israel eyes increasing cooperation with China to attract more Chinese tourists: Tourism official
“Incoming tourism from China makes a significant and growing contribution to … There are also many Chinese business delegations which visit Israel every year with an aim of learning more about Israel’s tech innovation and…
China crude steel output rises slightly in Jan-Aug
China’s crude steel output rose slightly in the first eight months this year, data from the country’s top economic planner showed. Crude steel production increased 5.6 percent year on year to 566.41 million tonnes in…
Counter intelligence: Japan brings out the bazooka in AI war with China
China may have the clear lead in the development of artificial intelligence (AI) systems in the region, but Japan’s government, realising how vital the sector is to its economic future, has intervened in the hopes…
Gas trucks boom in China as government curbs diesel in war on smog
Su hopes the LNG truck – less polluting and cheaper to operate than diesel ones – will be the cornerstone of his own business, plying the route to the western fringes of China. “Everybody says…
Overgrown bike-share business shows China economy still vibrant
TOKYO — The swarm of rental cycles clogging China’s sidewalks are as much a sign of vitality as an administrative headache, showing the entrepreneurial spirit is alive and well in the world’s second-biggest economy. Borrowing…
Timberwolves Roundup: Steps to success, Butler and Jordan Brand
Plus, Jimmy Butler made a surprise Jordan Brand appearance in China. The Timberwolves should be good this season. On paper, it’s impossible to ignore the fact that two likely All-Stars in Jimmy Butler and Karl-Anthony…
China approved the acquisition deal between HP and Samsung’s printing business
On Thursday, finally, China approved the acquisition deal between HP and Samsung’s printing business. The country implemented a deal with certain restrictions. HP Inc. purchased Samsung Electronics’ printing business for $1.1 billion dollars. ( read…