American luxury brand Coach has issued a statement saying it “respects and supports China’s sovereignty and territorial integrity” after it faced a backlash for a T-shirt design that lists Hong Kong, … ( read original…
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One-China T-shirt row engulfs Coach and Disney, a day after Versace apology
Coach and Versace attacked in China for Hong Kong reference
Coach and Versace have become the latest foreign brands to face a backlash from internet users in China, drawing fierce criticism across social media for referring to Hong Kong and Taiwan as countries … (…
China July NEV sales down 4.7% year-on-year: industry association
Overall auto sales in the world’s biggest vehicle market fell 4.3% in July, down for a 13th consecutive month, the China Association of Automobile Manufacturers (CAAM) said on Monday. … ( read original story …)
Versace the latest brand to express “deepest apologies” to China
This innocent-looking t-shirt has become so controversial in China that Versace, the company that made it, has apologized for it publicly, stopped selling the shirt, and destroyed all of the ones it … ( read…
Breakingviews – Cathay Pacific yields to its Beijing co-pilot
HONG KONG (Reuters Breakingviews) – Beijing officials have crowded the cockpit at Cathay Pacific Airways. Hong Kong’s unofficial flag carrier is allowing China to vet staff flying to and over the … ( read original…
Beijing’s Chaoyang district in big talent push
Chaoyang district in Beijing has adopted flexible policies and will build online platforms to attract high-quality talent to increase new growth points in business. The move comes amid intense … ( read original story …)
What will Beijing do next to squeeze Taiwan in the run-up to the presidential election?
With the countdown already under way to Taiwan’s presidential election, Beijing has embarked on a campaign of its own. In the past few weeks, it has suspended permits for individual travellers from 47 … (…
U.S.-China trade war leaves Europe as collateral damage
FRANKFURT — Like a sleek Mercedes crunched between two freight trucks, Europe’s economy is being knocked off course by the conflict between the U.S. and China over trade. The bill for damages from … (…
Decline in demand spurs manufacturers to put focus on vehicle quality
Audi ranks No 1 in terms of new vehicle quality among premium brands in this year’s JD power survey. [Photo by Li Fusheng/China Daily] If there’s any silver lining in China’s lackluster car market, ……
Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment
Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital … the U.S. Treasury Department said it would take the rare step of labeling China a ……
China’s PBOC Says Its Own Cryptocurrency Is ‘Close’ to Release
The People’s Bank of China is “close” to issuing its own cryptocurrency, according to a senior official. The bank’s researchers have been working intensively since last year to develop systems, and … ( read original…
Versace in trouble for tops implying Hong Kong is not part of China, brand ambassador Yang Mi ‘outraged’
Italian fashion brand Versace apologised to its Chinese customers on Sunday for producing a range of tops that suggested Hong Kong and Macau were separate countries. In a Chinese-language statement … ( read original story…
RPT-China’s builders brace for winter: buy less land as home sales weaken
After two years of breakneck growth, China’s property market hit a downturn in the second half of last year following a series of cooling measures by the government to contain prices. Beijing recently … (…
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