SEOUL — Genesis, the fledgling South Korean luxury contender, will continue its global rollout by taking on the world’s biggest luxury market, China. Global brand boss Manfred Fitzgerald says the Hyundai spinoff will enter China…
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Beijing steps up attack on Hong Kong’s Hutchison, warning over ‘dancing’ with US
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China is ‘laughing’ at the U.S. trade wars and has the most to gain from Trump’s ongoing European tariffs, top diplomat says
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Genesis sets sights on China
Report: China to Overtake U.S. as Digital Market Leader for Luxury Watch Brands
The latest research by Digital Luxury Group shows that the web traffic from China to luxury watch websites is set to overtake the United States in 2017. (Shutterstock) Luxury watch brands like Tag Heuer have…
Yum China soars after topping expectations for earnings and sales
The China unit that was spun off from KFC-owner Yum Brands reported adjusted earnings per share of $0.44 and revenue of $1.28 billion. Analysts had forecast EPS of $0.38 on revenue of $1.27 billion, according…
L Brands’ March comps sink
L Brands operates 3,078 company-owned specialty stores in the United States, Canada, the United Kingdom and Greater China, and its brands are sold in more than 750 additional franchised locations worldwide, as well as online.…
The Great Made in China brand remould
As a global manufacturing hub, China is now trying to break out into new, higher value-added product development. Is “Made in China” ready for a brand facelift? Spire Research and Consulting shared its insights, published…
Beijing struggles to get residents to declare war on trash
Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
Beijing struggles to get affluent residents to sort their own garbage
Beijing finds it tough to raise participation. “There are only classification targets … but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street…
Chinese state media cheer Xi-Trump meeting, say confrontation not inevitable
SHANGHAI/BEIJING (Reuters) – Chinese state media on Saturday cheered the meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping as one that showed the world that confrontation between the two powers was…
Beijing struggles to get residents to sort their trash
Beijing finds it tough to raise participation. “There are only classification targets…but no punitive measures for residents who disobey the instructions,” said Yang Kun, a city management official in the upmarket Finance Street district. “We…
At U.S.-China summit, Trump presses Xi on trade, North Korea; progress cited
PALM BEACH, Fla. (Reuters) – President Donald Trump pressed Chinese President Xi Jinping to do more to curb North Korea’s nuclear program and help reduce the gaping U.S. trade deficit with Beijing in talks on…
China's stock market regulator greenlights 10 IPOs
BEIJING, April 8 (Xinhua) — China’s stock market regulator has approved the initial public offering (IPO) applications of ten companies. The companies will be allowed to raise no more than 3.1 billion yuan (about 450…
Beijing's great social divide displayed on a street corner, as buskers struggle to survive
What would the streets of Beijing look like without the regular presence of karaoke singers, buskers and street peddlers? Once upon a time they were all a regular presence on the streets of Chinese cities,…
China laps up glossy TV corruption drama
Meanwhile, the villa’s owner – a government official – crawls on the floor and begs for his life. This is the dramatic opening scene in China’s latest hit TV show, In the Name of the…