Consumers can now vote for their favorite Chinese brands after the China Council for Brand Development announced the top 100 Chinese brands on May 10, which was designated Chinese Brands Day by the State Council…
BUSINESS
Forget discounts – here’s how to conquer China’s e-commerce market
In China, e-commerce has delivered a devastating blow to traditional brick-and-mortar retailers, but brands still remain important in this new era, and a conventional approach is not going to cut it, according to Ogilvy China’s…
How Brands Are Using WeChat Mini Programs
China’s most popular app, WeChat, with over 1 billion users, has international brands scrambling to optimize the way in which they reach and engage with their audience through this all-encompassing platform. If you haven’t yet…
World trade body warns U.S.-China tensions could dent business
GENEVA — The World Trade Organization predicts continued trade growth this year, though it warned Thursday that tensions and retaliatory measures, notably between the U.S. and China, could compromise those gains. WTO Director-General Roberto Azevedo…
Hong Kong in the running to host three Kazakh state IPOs
Nurlan Rakhmetov, its managing director for transformation, privatisation and restructuring, told South China Morning Post that Chinese state-owned investors have shown keen interest in taking part in the IPOs, buoyed by the central Asian nation’s…
Ford to ramp up Lincoln rollout in China in bid to catch rivals: sources
DETROIT/BEIJING (Reuters) – Ford Motor Co’s (F.N) premium Lincoln brand plans to build as many as five new vehicles in China by 2022, according to two U.S. sources, in a move to expand sales in…
CIA Director Mike Pompeo failed to disclose business link to China
CIA Director Mike Pompeo failed to disclose links to a company owned by the Chinese government during his 2017 confirmation. The CIA defended Pompeo’s omission saying, “He would have no reason to know details on…
LVMH Sets Upbeat Tone for Luxury Brands
LVMH moved to ramp up its e-commerce business across its stable of brands last year with new sites for its Celine handbags and Berluti shoes, the first online store in China for its largest brand,…
China-Based CLPS Files For $14 Million U.S. IPO
CLPS (CLPS) intends to raise $14 million from the sale of its common stock in a U.S. IPO, according to an F-1 registration statement. The firm provides legacy financial institutions in China with a range…
The big multinational brands kowtowing to China
A couple of years ago, a satirist on Taiwan, the democratic self-governing island that China claims as a province, created an online “Apologise to China” contest. Shortly before, an 18-year-old Taiwanese pop singer named Chou…
Samsung’s Market Share in China is Now 0.8% Only
According to a recent market study carried out by Strategy Analytics, the South Korean held on to 12 th spot in China in the fourth quarter of 2017. Currently, the only foreign company that has…
The Future of Retail is Happening Right Now in China
For nearly 19 years, it has built the backbone of China’s giant e-commerce machine, essentially creating a “move-in” environment for brands, as well as an engaging discovery and frictionless purchase process for shoppers. As a…
How to command price premium in China
In China market today, “consumption upgrading” is a buzzword … it might be better quality, quicker delivery, better brands, smarter functions, or a combination of various factors. Behind this change is the fact that more…
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