U.S. cereal company Post Holdings has agreed to buy British brand Weetabix from China’s Bright Food Group Co Ltd in a 1.4 billion pound ($1.76-billion) deal that will expand its international business, the companies said…
BUSINESS
Volkswagen plans all-electric car for China next year
head of VW’s China unit. It is due to be produced under a new brand name with a local partner, state-owned Jianghuai Automotive Corp. “This will be a new co-operation on pure battery cars,” said…
Ivanka's brand prospers as politics mixes with business
U.S. imports, almost all from China, shot up an estimated 166 per cent last year. The brand, which Ivanka Trump no longer manages but still owns, says distribution is growing. It has launched new active…
China Carmakers May Be 'Destroyed' If Foreign Venture Cap Lifted
Those alliances seem to be working for domestic automakers, which earned 67 billion yuan ($9.7 billion) with their partners in 2014, according to the latest China Association of Automobile Manufacturers statistics. Yet the government may…
China remains target market for auto brands
BEIJING: Last year 11m cars were recalled in China, just over 120,000 of which were domestic brands, but this apparent discrepancy is not deterring foreign brands from targeting what remains a growing market. Chinese auto…
With Xi Jinping at Mar-a-Lago, Ivanka’s Brand Gets a Boost
Over that same weekend, Ivanka Trump’s eponymous company sweetened its own spot in China. The brand won provisional approval from the Chinese government for three new trademarks, according to the Associated Press, which gives it…
Chinese market commands localized insights for foreign brand success
More than 730 million consumers are Internet users in China, which makes digital crucial to conquering the market. “Many foreign brands assume that they can simply reuse their global audience insights when entering China market;…
China Rapid Finance will be the Fifth Online Lender to IPO in the US
In late March, 2017 we learned that Chinese online lender China Rapid Finance filed to go public, hoping to raise up to $100 million. They will list on the New York Stock Exchange under the…
China's GDP expanded at 6.9% pace in Q1, better than expected
China’s economic recovery is gaining traction, with growth rising to its fastest pace in over a year in January-March. The 6.9 per cent annual pace of expansion for the world’s second-largest economy, reported Monday, surpassed…
China car dilemma: Beijing wants electric, buyers want SUVs
Government planners see electric vehicles as a sector where China can lead, and a Cabinet technology development plan issued in 2013 calls for two of the top global brands in 2025 to be Chinese. Hence…
The game of naming luxury brands in China
Bottega Veneta stopped featuring its Chinese name on its Chinese official website. Though Airbnb’s new Chinese name, Aibiying (爱彼迎), attempts to convey the brand’s philosophy to “welcome each other with love,” the majority of Chinese…
Global carmakers converge on China as rare slowdown looms
Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales slowdown and potential price war as competition stiffens in the world’s biggest car market. Manufacturers…
Chinese regulator approves 10 IPO applications
BEIJING, April 15 (Xinhua) — China’s stock market regulator has approved the initial public offering (IPO) applications of 10 companies. The companies will be allowed to raise up to 5.1 billion yuan (about 741.9 million…
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