“Wanda is selling the noncore part of its cultural tourism business,” said Deng Zhihao, a real estate economist with Fineland Assets Management Company based in Guangzhou, China. “Ultimately, what they are selling are properties that…
BUSINESS
Brands unite to take new energy market
The China Association of Automobile Manufacturers estimated that new energy car sales could hit 800,000 units in 2017. Rivaling Daimler AG in China, BMW AG announced in March that its local line-up will come with…
Nine Chinese firms to go public
BEIJING — The China Securities Regulatory Commission (CSRC) has approved IPO applications from nine companies. They will raise up to 6.5 billion yuan ($957 million), the CSRC said in a statement. Four companies will be…
China’s capital controls have delayed Chinese funding to UK startups
More than one year later, one fund has yet to invest in UK startups. Sources told Business Insider that Chinese capital controls mean funds have difficultly bringing money in from China. In early 2016, it…
Chinese premier stresses innovation, business environment
China should reduce transaction costs and streamline administration, delegate power to lower levels and improve regulation and services, Li said. The government should also strive to create an internationally competitive business environment in which ……
9 Chinese firms to go public
BEIJING, July 8 (Xinhua) — The China Securities Regulatory Commission (CSRC) has approved IPO applications from nine companies. They will raise up to 6.5 billion yuan (957 million U.S. dollars), the CSRC said in a…
CBME to open with 3,952 local & international brands
The 17th Shanghai International Children Baby and Maternity Products Industry Expo (CBME China 2017) is expected to host 3,900 local and international brands, which will be held in Shanghai from July 19-21. The event will…
China’s luxury brand Shanghai Tang changes hands, gloomy sign for the Chinese pioneer in fashion
As one of China’s first luxury brands, Hong Kong-based Shanghai Tang has been sold to an Italian fashion entrepreneur, as the Chinese brand struggles to win more market, fighting a tough war against other big,…
E-Commerce & Brand Building In China Today: A Discussion On The Opportunities & Risks.
China’s e-commerce is booming and social media has become a powerful channel that no brand owner wants to neglect when engaging their audiences and converting customers in China. This article addresses the most significant opportunities…
Top 10 dinner brands in China
China’s top 10 catering brands in 2016 were announced at an event dubbed as the domestic catering industry’s “Oscars,” held in Beijing on May 6, 2017. Twelve awards in seven categories were given out, namely…
Investors Spit Out Yum China After Earnings Report
Yum China Holdings Inc.’s stock tumbled 12.9% in the latest session on Wall Street after the release of its third quarterly report since being split off from U.S. fast-food giant Yum Brands Inc., owner of…
Can Swiss Fashion Designers Gain Traction in the China Market?
Swiss watches have always been at the top of the shopping list for Chinese overseas tourists, but would they be as passionate about niche designer brands from Switzerland? China is reported to be the fifth…
CLP Power wins 2017 Hong Kong Best of the Best Brand Award
CLP Power and Octopus Cards were among the household names that won at the Enterprising Hong Kong Brand Awards 2017 on Friday, which aimed to recognise sales and marketing excellence in home-grown enterprises. The award…
