BEIJING, Feb. 7 (Xinhua) — China will increase policy support for its century-old traditional brands as many of them are struggling amid a rapidly changing domestic market. The Ministry of Commerce (MOC) and 15 other…
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The Most Anticipated Chinese Fintech IPOs of 2017
Greater China’s IPO market is set to continue to lead the way in 2017 fueled by listings of fintech giants including Ant Financial and Lufax, according to a report by CNBC. In 2016, Greater China…
China’s ICBC overtakes Wells Fargo as world’s most valuable bank brand, says survey
The Industrial and Commercial Bank of China has for the first time surpassed Wells Fargo to become the world’s most valuable banking brand, helping China itself become the No 1 country in terms of aggregate…
China’s Bank Brand Values Exceeds American Banks for First Time, says Report
The success of the Chinese banks and ICBC in particular comes at the expense of Wells Fargo, which has lost its position as the world’s most valuable banking brand. For the first time ever, the…
L’Oreal launches women empowerment fund to celebrate 20 years in China
As 2017 is the 20th anniversary of the French-based cosmetics company arrival in the key APAC nation, we take a look at how L’Oreal is evolving to remain popular and retain brand loyalty. L’Oreal entered…
Domestic brands lead way in Q4 smartphone shipments
Logos of OPPO, Vivo, Huawei and Apple along a street in Dongguan, South China’s Guangdong Province Photo: CFP Market shares of major smartphone manufacturers in the fourth quarter of 2016 China’s smartphone shipments surged in…
China's first jetliner to fly
After years of delays, China’s first large homemade passenger jetliner will take to the air for its maiden flight in the first half of this year, state media reported Monday. State-owned aircraft maker Commercial Aircraft…
China seeks to show pope, world its organ trafficking reforms
China is stepping up its efforts to persuade the international medical community that it has stopped using executed prisoners as organ donors, sending a high-level delegation to a Vatican conference amid continued skepticism that the…
China sails warships near islands Mattis vowed to defend for Japan
The ships sailed within Japan’s territorial waters some 12 nautical miles off the islands in the East China Sea, roughly 140 miles northeast of Taiwan, a U.S. defense official told Fox News. On his first…
China makes a statement with its Rocket Force
as well as the first island chain in the Pacific and stepped up naval drills in the disputed South China Sea. Washington Free Beacon, a news website in the United States that specialises in military…
Managers held over China massage parlour fire that killed 18
BEIJING — Authorities have detained those in charge of a foot massage parlour in eastern China in which 18 people were killed and another 18 injured in a fire Sunday. The official Xinhua News Agency…
China's First Large Homemade Passenger Jet to Fly in 2017
The ruling Communist Party newspaper People’s Daily said Monday that Commercial Aircraft Corp. of China Ltd., or Comac, had nearly completed work on the 175-passenger C919. The plane is to enter the market in 2019…
China Ex-Deputy Intelligence Chief Graft Probe Proceeding
Prosecutors are proceeding with a corruption investigation into a former Chinese deputy intelligence chief. The supreme state prosecutor’s office said Monday that Ma Jian, a former vice minister of state security, has been placed under…
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