Many have dreamt of dethroning Volkswagen from the top of the Chinese automotive sales charts, and BYD has done just that. For the first time since 1986 Volkswagen wasn’t China’s top car brand.
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SK-II skincare sales hurt by anti-Japan sentiment in China
Procter & Gamble has said sales of high-end SK-II skincare brand fell 34% between October and December. In addition to China’s slow recovery, the firm’s executives blamed anti-Japanese sentiment. Last …
Japan exports soar to record in Dec; China shipments make long-awaited rebound
TOKYO, Jan 24 (Reuters) – Japan’s exports surged to record highs in December, with shipments to the U.S. soaring to their strongest-ever level while those to China were also robust, logging their …
China reports expanded imports of agricultural, food products
[Photo/Xinhua] China provided increased market access for imports of agricultural and food products from over 51 countries and regions in 2023, China’s customs authorities said on Tuesday. In a …
SK-II sales hurt by anti-Japan sentiment in China
The islands, known as Senkaku in Japan and Diaoyu in China, are controlled by Japan but both China and Taiwan lay claim to them. P&G’s chief executive officer, Jon Moeller, said on the earnings call…
Is Beijing’s New Facial ID System the Key to Quick and Easy Foreign Business Registration?
In a major development aimed at enhancing the business environment for foreigners, Beijing has recently implemented a transformative policy, effective as of
传统北京集市迎接中国年 Traditional Beijing fair celebrates Chinese New Year
The 28th Traditional Beijing New Year Goods Fair recently opened in Beijing’s Chaoyang district. This annual event serves as a platform for showcasing local products from across the country, including
China Says EU’s ‘Unfair’ EV Subsidies Probe Risks Damaging Ties
China’s ambassador to the European Union called the bloc’s probe into Chinese electric vehicle manufacturers over state subsidies “unfair,” delivering a veiled warning that more European products …
Taiwan’s economy faces uncertainty as tensions with China are likely to rise after DPP victory, analysts say
Asset manager Amundi warned Taiwan could face a possible blockade as tensions with China are expected to rise, business advisory firm like Teneo said a blockade was “highly unlikely.” Taiwan’s economy …
China will step up efforts to attract foreign firms, financial regulator says
“The direction of providing a better business environment for foreign investment will not change,” Li said. China is studying lowering the threshold for Hong Kong and Macau financial institutions to …
China says EU’s ‘unfair’ EV subsidies probe risks damaging ties- Bloomberg News
China’s ambassador to the European Union called the EU’s probe into Chinese electric vehicle manufacturers over state subsidies “unfair”, Fu Cong told Bloomberg News in an interview.
Two survivors rescued after landslide buried homes in freezing weather in southwest China, 11 died
At least 11 people died in a landslide Monday that buried 47 people in freezing weather in a remote mountainous area in southwestern China, and two survivors were rescued. The disaster struck just before 6…
Japan Exports Beat Consensus as China Shipments Resume Rise
Japan saw a strong pickup in exports last month as shipments to the US increased at a double-digit clip and those to China rose for the first time in 13 months. Exports rose 9.8% in…