Authorities in Beijing have launched the country’s first crackdown on illegal store closures that exploit and violate consumers’ rights, and have placed two enterprises, three intermediary agencies …
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Vietnamese lobsters claw back to prominence in China after temporary dip
Following a sharp decline last year, China’s imports of lobsters from Vietnam have returned to healthy levels with the same speed.
China Resources Beverage shares jump 13.5% on Hong Kong IPO debut
Shares of drinks maker China Resources Beverage leapt 13.5% on its Hong Kong trading debut on Wednesday after raising $540 million in an initial public offering (IPO).
Takeda: China will become second-largest market by 2031
Having been in the Chinese pharmaceutical market for 30 years, Japan’s Takeda is optimistic about the market and will keep investing in the country, a senior company executive has said.
China’s exporters run for cover as US election nears
By David Kirton, Casey Hall and Ellen Zhang GUANGZHOU, China (Reuters) – If Donald Trump wins next month’s U.S. presidential election, Mike Sagan’s toy-making company will halve its China supply chain …
Top international fashion brands debut new collections as a vote of confidence in China
Top international fashion brands are launching new collections in China economic hub Shanghai, a vote of confidence in the country consumer market …
Germany bets on India to reduce reliance on China
Chancellor Olaf Scholz leads a high-level delegation to New Delhi this week, betting that greater access to the vast Indian market can reduce Germany’s reliance on Beijing even if India does not turn …
West blasts China on rights, China responds: What about Gaza?
Australia, the United States and 13 other countries criticized China at the United Nations on Tuesday over alleged human rights abuses in Xinjiang and Tibet, prompting China to denounce them for ignoring the “living hell”…
L’Oreal third quarter sales disappoint as China spends less on beauty
French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand for beauty products.
What candidate does Beijing prefer to win the U.S. election?
Chinese officials are avoiding voicing their opinion on the outcome of the 2024 U.S. presidential election but prefer the predictability of a potential Kamala Harris administration, according to the …
Trading down is still a good play in China, says China Market Research Group’s Shaun Rein
Shaun Rein, China Market Research Group founder and managing director, joins ‘Power Lunch’ to discuss China’s economy and the market.
Senior Volkswagen executive Jochen Sengpiehl deported from China, FT reports
(Reuters) -German automaker Volkswagen’s China chief marketing officer and head of product strategy, Jochen Sengpiehl, was deported back to Germany after being detained in China for about 10 days, the Financial Times reported on Tuesday.
Senior VW executive deported from China
A senior Volkswagen executive has been deported from China, in another setback for the German group fighting for survival in the world’s biggest car market.
