China’s credit rating has been downgraded by Moody’s for the first time in almost 30 years over fears that slowing growth and rising debts will weaken the world’s second largest economy. The agency lowered China’s…
BUSINESS
China’s Xi urges Taiwan business lobby to back ‘one China’ principle
BEIJING Chinese President Xi Jinping urged a business lobby for Taiwan enterprises on the mainland to support the “one China” principle and contribute to unity between Beijing and Taipei, state media said on Wednesday. China…
China downgraded by Moody’s for first time since 1989 – business live
Over in the City, shares in Marks & Spencer have hit their highest level in 12 months. That’s a little surprising, as the retailer reported a 10% fall in underlying profits (and a 65% slump…
Moody’s downgrades China, warns of fading financial strength, debt
Moody’s Investors Service downgraded China’s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and…
China looks to B.C. to help recreate Silk Road
Lu, who began his Ottawa posting this year, spoke at a meeting for the Canada China Business Council at the Sheraton Vancouver Wall Centre on May 11, reiterating how China sees B.C. businesses benefiting from…
Retail Brands Target Chinese Travelers on Mobile Before They Leave Home
Digital intelligence firm L2’s recent report “Cross-Border and Travel Retail: Connecting Digitally with China’s Shoppers” discusses ways brands can be targeting consumers online both during their journey overseas and before they set off. ( read…
These 6 Chinese Brands Made Deloitte’s Luxury Goods Power List
Six luxury brands from China have made the “ Global Powers of Luxury Goods 2017,” the list of the world’s top 50 luxury goods firms, which was just published by consultancy firm Deloitte. Topped by…
4 Reasons Why You Should Buy Yum China (YUMC) Stock Now
On Nov 1, 2016, Yum! Brands, Inc. (YUM – Free Report) announced that it has spun off its all-important China division into an independent, publicly traded company Yum China Holdings, Inc. (YUMC – Free Report)…
Apple, Samsung Lose Market Share In Q1 2017 Due To Trio Of Chinese Brands
Apple’s performance is being threatened by Oppo, Vivo and other brands which may have hindered Apple from selling more iPhones in China. Although Samsung and Apple’s global smartphone market shares are down from the same…
Top 5 most popular smartphone brands in Indian market
Chinese brands continued to dominate the Indian market, with a combined market share of 51.4 percent in the first quarter, data from IDC showed. South Korean phone maker Samsung remained the top seller, with shipments…
Top 10 smartphone brands in China in April 2017
The total sales of smartphones in China reached 35.52 million units in April 2017, led by Huawei with 8.08 million units and 22.8% market share. Apple’s market share increased by 0.7% compared with March 2017…
Dusit sets up franchise deal in China
Group chief executive Suphajee Suthumpun said Dusit International aims to capitalise on China’s growing tourism and enhance its brand awareness among Chinese customers. “The deal is in line with Dusit’s strategy for sustainable and profitable…
China’s Haval brand comes to South Africa
GWM is dead. Long live GWM. But wait – don’t stop reading. Let’s qualify that. Great Wall Motors’ vehicles are alive and well in South Africa, as GWM now enters its 10 th year on…
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