Shanghai: As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the Chinese government’s blessing. American…
BUSINESS
FOCUS-Trade war or not, China Inc already reining in American brands
SHANGHAI, June 27 (Reuters) – As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the…
Why Are Western Fashion Brands Getting it so Wrong in China?
Many Western fashion brands have made valiant attempts at entering China’s marketplace, only to slink away with their tail between their legs. In fact, it’s been estimated that 48% of foreign brands entering China will…
9 of the world’s 12 most shipped smartphone brands are from China
Nine of the world’s twelve most shipped smartphone manufacturers are headquartered in China, according to semiconductor market research firm IC Insights. The company recently updated its 2018 IC Market Drivers Report in which it documented…
China moves closer to ending mandatory animal testing for cosmetics
CFI and Chinese regulatory advisor Knudsen CRC’s pilot scheme will provide selected international beauty brands with full bureaucratic assistance to allow them to enter China without animal testing at any stage of the chain. The…
Tiffany Seen Likely to Benefit from U.S. China Trade War
The ongoing U.S.- China trade war continues to shake up markets in both countries, with many luxury brands facing rising global tariffs. However, based on a June 20 report by Financial Analyst Group Wells Fargo,…
Exporters in China’s manufacturing heartland brace for impact of US tariffs
Guangdong province in China’s south is part of the Pearl River Delta, which has become known as the world’s factory because of its tens of thousands of manufacturers that can make products faster and cheaper…
China’s Meituan Dianping files for Hong Kong IPO; seeks over $4 billion: sources
HONG KONG/SHANGHAI (Reuters) – China’s Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge…
From Feiyue plimsolls to the Shanghai watch worn by premier Zhou Enlai: how 3 made-in-China luxury items rose to fame
People enjoy prosperous lives in many regions of China today. But 40 years ago, the picture was totally different; even owning a Chinese-made wristwatch at that time would have been a sign of relative wealth.…
International brands draw crowds at Beijing fair
For these and other companies, which also included kitchen cabinet along with kitchen and bath resources such as Kohler, the show offered a glimpse into the growing retail sector in China and the favor Chinese…
China’s Meituan-Dianping Files for IPO, Reveals Loss of Nearly $3 Billion in 2017
The Beijing-based online services provider is one of the country … Goldman Sachs, Morgan Stanley, and Bank of America Merrill Lynch are the main banks handling Meituan’s IPO. Net profit Revenue 40 billion yuan 30…
Top 10 Luxury Car Brands by May Sales in China
Shanghai (Gasgoo)-According to the data released by corresponding automakers and the China Passenger Car Association (CPCA), Gasgoo summarizes major luxury vehicle brands’ China sales in May as below. Mercedez-Benz, Audi and BMW undoubtedly occupied the…
The man who helped Karl Lagerfeld make the Great Wall a catwalk for Fendi, and brought global fashion brands to China
Led by German fashion designer Karl Lagerfeld, glamorous models paraded down the Great Wall of China in 2007. The image of their red dresses gliding over the imposing fortification helped put China, a country with…
