These amounts are based on the IPO being priced at $15 per share. Snap’s highly anticipated IPO would be the largest since China’s Alibaba Group went public in 2014. But Snap, based in Los Angeles,…
BUSINESS
Trump's fame in China could spell the end of the “Trump toilet”
But after a decade of grinding battle in China’s courts, the president was expected to get an unlikely win this week: the rights to his own name. Trump’s late victory in the fight to wrest…
Foreign Chocolate Brands Defeat Domestically Made Chocolates in China's Valentine Season
According to the National Business Daily, chocolates that are made domestically have suffered a crushing defeat against foreign brands ahead of the Valentine season. The newspaper cited that domestic brands were seldom seen on display…
Chinese luxury shopping returns to growth but how can brands build on the momentum?
But over the last two years the luxury bubble didn’t only burst, it exploded, sending brands in to a store-closing spiral in the country as China’s anti-corruption campaign (a crackdown on government corporate entertaining and…
In China, the Trump Name Is Applied to Everything From Condoms to Toilets
President Donald Trump’s triumph in the fight to wrest back his brand for construction services in China could spell the end of more than 225 Trump-related marks here that don’t belong to him, including Trump…
Gina Rinehart launches wagyu brand bound for China's top restaurants
Australia’s richest woman Gina Rinehart is forging new ties with China, hot on the heels of the fierce battle for the Kidman cattle empire which she purchased last year. Today she launched her wagyu brand…
Is this the last flush for Trump toilets in China? U.S. president wins key trademark
But after a decade of grinding battle in China’s courts, the president is expected to get an unlikely win on Tuesday: the rights to his own name. Trump’s late victory in the fight to wrest…
Lenovo becomes no. 2 brand in India pushing Micromax to third position; Samsung retains no. 1 spot despite Note 7 disaster
While once, brands from China were looked at askance and were not really given much importance, the high quality and specifications coupled with cheap pricing have definitely helped boost the brands in India. Most of…
Ford says U.S. and China need to work together on trade
“I think Chinese customers think about American companies differently.” But KFC-owner Yum Brands (YUM) and McDonald’s (MCD) both said their China businesses suffered last year from anti-U.S. protests over an international tribunal’s ruling on territorial…
China moves to boost foreign investment in manufacturing
In May 2015, China introduced the “Made in China 2025” blueprint, listing several tasks for the manufacturing industry, including boosting innovation, fostering Chinese brands and service-oriented manufacturing. ( read original story …)
U.S. business in China warms to possible Trump trade policy shake-up
BEIJING “Reciprocity” has become the new buzzword in the U.S. business community in China, with some industry leaders saying they would welcome a tougher approach from the Trump administration in opening up the markets of…
As MNCs Retrench, Reigniting the Power of Global Brands
Indeed, there are few local products that compete at a price premium versus international brands. This advantage, however, should not be taken for granted. In some sectors, local players are lifting their game. China’s Alipay,…
How Your Small Business Can Sell in China Today
Small business has been a big focus for President Trump and his administration. Recently, he met with Alibaba Group CEO Jack Ma, where they declared their joint intention to help create a million new U.S.…