Business Insider. Activity levels across China’s manufacturing sector continue to improve. The Caixin-IHS Markit manufacturing Purchasing Managers Index (PMI) rose 0.5 points to 51.6 in August, leaving it at a six-month high. This PMI measures…
BUSINESS
Caterpillar China reaches milestone
“Caterpillar China has striven to build an integrated system for its mini excavator business, covering local R&D and manufacturing as well as the provision of components and parts,” said Chen Qihua, vice-president of Caterpillar and…
Doklam incident won’t hit India-China business, trade ties: Senior Economist
XIAMEN: As the three-day BRICS summit is set to begin on Sunday in China’s south-western city of Xiamen, Senior economist Sumedh Devrokar said that India-China business ties will not be affected by the Doklam like…
China’s Alipay introduced to Finland’s biggest department store
“China is way more advanced in mobile payments,” said Virkkala … In collaboration with ePassi, Alipay was first introduced to Finland last year, and the business was highlighted by a launching ceremony of the Single’s…
China Molybdenum on the lookout for cheap mines overseas after fund raising, commodity cycle pick up
China Molybdenum, whose shares have tripled in the past 14 months during which it sealed three deals to buy US$5.3 billion worth of mining assets overseas at the trough of the commodities market, is eyeing…
Understanding China key to brand protection success
China presents specific challenges to trademark owners but success in the Asian marketplace is possible, according to a new white paper. Published by MarkMonitor, the paper – titled Best Practices for Brand Protection and Effective…
As Luxury Brands Connect With China’s Young, the Dangers of Debt Loom Large
Last week, a young man tried to end his life by jumping off a bridge and into a river after accumulating over 100,000-yuan in debt. He had borrowed the money from an online credit company…
RYB Education Aims For $100 Million IPO
I’ll provide an update as management discloses more details about the IPO. Quick Take Beijing-based RYB Education (RYB), an early childhood education company, intends to raise $100 million in gross proceeds from an IPO of…
Despite strains, Vietnam and China forge closer economic ties
HANOI (Reuters) – Tensions are high on the South China Sea as Vietnam faces off against China over their overlapping maritime claims. But for the boatmen on the junks cruising the calm expanse of Vietnam’s…
Just smile: In KFC China store, diners have new way to pay
Yum China, which spun off from its U.S. parent Yum Brands Inc last year, is trying to rev up growth in the world’s second largest economy, where food safety scares and changing consumer tastes have…
WeChat Stores May Change the E-Commerce in China
The emergence of new technology has transformed our consumption environment in an impressive way in China. Brands and influencers have quickly succeeded in penetrating the Chinese market and society by using tools that intertwine into…
Amid THAAD Dispute, South Korean Brands Suffer in China
As the dispute between China and South Korea over the deployment of the Terminal High Altitude Area Defense (THAAD) system continues, South Korean brands are suffering in China. On August 30, Hyundai spokesman Sohn Yong…
KazMeat brand exhibited at ANUFOOD China 2017
BEIJING. KAZINFORM KazMeat, the Kazakh brand, has been exhibited for the second time at the ANUFOOD China-2017 international food exhibition held in Beijing, Kazinform correspondent in China reports. “In 2016, three umbrella brands were created…
