SHANGHAI (Reuters) – Apple Inc (AAPL.O) has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker’s efforts to build out its services business in one … (…
BUSINESS
Brand Expectations for China Are High According to New Research; Dentsu Signs Partnership with Imprint
China will be the next frontier of growth for European brands, according to new research published by The Trade Desk – with brands committing big spend to the market. Over half (53%) of the senior…
L’Oreal’s China sales soar by a third as families embrace make-up for the first time
L’Oreal is thriving in China as millions of families embrace make-up for the first time. The company’s chief executive Jean-Paul Agon said young people in particular have a growing appetite for luxury … ( read…
Six global stocks to watch as China woos foreign wealth management firms
However, the financial sector is an exception: In the hopes of winning friends among U.S. business lobby groups, China is becoming more open to foreigners. For decades, Western financial firms were … ( read original…
Is it time to relook Wilmar International and its China IPO? – ZUU Investing Idea
Wilmar International is getting one step closer to a spinoff for its China unit. That could unlock shareholder value for investors. Should you take the plunge? Wilmar’s China unit Yihai Kerry Arawana … ( read…
China Could Launch Its Own Crypto To Counter Libra
A People’s Bank of China (PBoC) official said that the upcoming launch of Facebook’s Libra could speed up his bank’s development of its own digital currency. In fact, if Libra becomes widely used for ……
Calares inks new JV to boost China distribution
Footwear retailer Caleres has inked a deal to expand the distribution of its brands in Greater China – including Hong Kong, Macau and Taiwan – through a new international joint venture (JV). The US ……
Nintendo says to shift part of Switch console production out of China
Nintendo, which currently outsources almost all of the console production to contract manufacturers in China, plans to make the partial shift to Vietnam this summer. The spokeswoman said the shift … ( read original story…
‘Food terrorism’ could be at play in China’s ban on Canadian meat, one expert says
In China, food fraud is a common issue. Residents will pay a premium for brands from countries they trust – like Canada – and organized criminals are acutely aware of this reality. In an interview…
Higher deliveries for Volkswagen brand in June
The strong rise of 14.2 percent in China is a one-off effect resulting from regulatory changes in the overall market. With increases in deliveries by the brand of 9.6 percent and 13.0 percent … (…
Nintendo shifts some Switch production from China to Vietnam
He denied it was a direct response to the growing trade friction between the U.S. and China. He declined to give details on manufacturers or production sites in Vietnam, citing company policy. He said ……
China’s ANTA Sports rejects Muddy Waters allegation as ‘incorrect’
On Monday, after Muddy Waters issued a report on ANTA, shares of China’s largest home-grown sports brand by market value fell as much as 8.7% to a three-week low. Trading in ANTA shares was suspended…
Caleres to go big in China
Caleres (NYSE:CAL) announces an expansion of its international strategy with a plan to distribute footwear in greater China through a joint venture with Brand Investment Holding. Distribution … ( read original story …)
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