Despite a 30% growth in total global spend on luxury goods and a significant increase in the importance of the domestic Chinese market, European luxury brands are struggling to adapt in the region. While spending…
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European luxury brands struggle to adapt in Chinese digital market
Interview: Warren Wang, Interbrand China CEO on the State of Branding in China
The challenge is that building a global Chinese brand is intrinsically linked to building China’s nation brand. The two factors—whether we like it or not—go hand in hand.” Discussing the enormous potential for doing business…
Yum! Brands’ 4Q16 Revenue: What Analysts Expect
Yum! Brands (YUM) earns its revenue from company-owned restaurants and franchised restaurants. After the spin-off, revenue from franchised restaurants is expected to rise, as the company will receive 3% of sales from its China operations…
Chinese shoppers begin to buy luxury brands again — at home
Foot traffic rose in opulent Shanghai malls, Swiss watch sales shot up and top European luxury brands from Burberry to LVMH reported sharply improved revenues from China in the second half of 2016. Chinese consumers…
Hurun: China’s Super-Rich Name Apple, Bulgari As Top Brands for Gifting
Chinese wealthy consumers’ enthusiasm for luxury goods is on the rise and brands like Bulgari and Apple are reaping the benefits, according to Hurun’s latest consumer report. The report features Hurun’s “Best of the Best…
How China’s luxury consumers moved on from bling to doing their own thing, opening space for niche brands to prosper
What have been the major changes in media, communications and PR in mainland China over the past five years? The pace and degree of change has been incredible. The most striking has been the adoption…
China trade war? These U.S. companies are in the crosshairs
“China may retaliate by saying ‘I will not import as many … In a recent interview with CBS Morning News, FedEx (FDX) CEO Fred Smith called on Mr. Trump to “rethink” his trade positions. Smith…
China military official: War with US under Donald Trump 'becoming practical reality'
Mr Trump and members of his administration have consistently voiced a hard line against China. Mr Trump has branded the country a “currency manipulator” and accusing the country of underhand trading and economic tactics. But…
China says ‘reasonable concerns’ must be factored into Trump travel bans
China appeared to offer mild criticism on Monday of US President Donald Trump’s banning of entry of people from seven Muslim-majority countries, saying immigration policy was a sovereign right but “reasonable concerns” must be considered.…
Visitor mauled to death by tiger in Ningbo zoo in China
A man has been mauled to death by a tiger after he entered its enclosure at a zoo in eastern China. The tiger was then shot dead by a special forces unit from the local…
Man mauled, killed by tiger in China
The attack occurred Saturday at a resort on Dongqian Lake in eastern China’s Zhejiang province. A local government statement says the victim, identified only by his surname of Zhang, climbed a fence with a friend…
China announces plans to send probes to Mars and Jupiter
China’s space agency has announced its deep-space exploration plans which includes two missions to Mars and a probe to Jupiter. Vice Director of China’s National Space Administration Wu Yanhua announced today that the first probe…
N. Korea viewed as China's 'No.2 threat' after US
TAIPEI – North Korea is positioned as China’s No.2 threat after the United States, according to a recent document written by strategists of the Chinese People’s Liberation Army and seen by Kyodo News. It shows…
