Chinese consumers became the world’s biggest spenders on luxury brands in 2012, according to consultancy Bain, and account for about a third of global purchases. Sales of pre-owned goods account for … ( read original…
Tagged By beijing
Why China is looking to Shenzhen – and not Hong Kong – to reinvent its economic future
A report by state news agency Xinhua about the meeting gave only a broad description, saying the special status was given to Shenzhen to further boost its “innovation-focused development strategy” so … ( read original…
Liberals defend outreach to ex-China diplomats, reject opposition call for study
CTV News spoke with Saint-Jacques and he said that he doesn’t think … In this case that includes the two Canadians in China: Michael Kovrig and Michael Spavor, as well as the livelhoods of the…
Kontoor Brands: Boring Is Beautiful
Baxter went on to talk about the opportunities that have opened up such as introducing the Wrangler brand in China, which will happen in January of 2020. The new independence also allows Kontoor … (…
Opposition prompts meeting over alleged ‘pressure’ on ex-China diplomats
CTV News has not independently verified these reports … and specifically the troubled diplomatic situation Canada is in with China. Since late 2018, relations between Canada and China have been … ( read original story…
Donald Trump launches attack on China over trade ‘rip-off’ – as it happened
Trump’s criticisms of China will form the backdrop tomorrow for the Federal … Thanks for joining us today for coverage of business, economics and markets. Please do join my colleague, Julia Kollewe, … ( read…
Beijing’s top Uyghur official claims most inmates have left Xinjiang camps
A senior Chinese official has alleged that authorities in the far-western region of Xinjiang have released most detainees held in government internment camps, but refused to be drawn on how many … ( read original…
Trump’s Huawei attacks help brand hit all-time high in China at iPhone’s expense
Huawei doesn’t sell many phones to US consumers, but it has dominated its home territory for the past two years and is gradually squeezing out Apple’s iPhone. China, once a growth engine for iPhone ……
China will boost economy but won’t use property market for stimulus-Politburo
BEIJING — China will step up efforts to boost demand and support the economy, but will not use the property market as a form of short-term stimulus, a top decision-making body of the ruling ……
SECOO Partners with Seven Luxury Brands to Provide One-Stop-Shopping for Exclusive Gifts this Chinese Valentine’s Day
and giving rise to a new fashion trend in China. Today, SECOO has become a leading Chinese premium lifestyle platform, maintaining more direct contracts with luxury brands than any other industry … ( read original…
China: Property market is not out of the woods yet – Standard Chartered
EUR/USD is trading below 1.1150, marginally lower. French GDP missed with 0.2% in Q2. German inflation numbers are eyed and tensions are mounting ahead of the Fed decision on Wednesday. GBP/USD has … ( read…
China leads in Fortune Global 500 list of firms
“China’s performance indicates that the torrents of merger and acquisition activities aiming to forge globally influential conglomerates are starting to pay off,” said Jiang Qingyun, a business … ( read original story …)
Online sales platforms helping make luxury brands more affordable
discounted Louis Vuitton and cut-price Chanel – thanks to the rise of platforms selling secondhand goods in China, luxury brands are no longer out of reach. Wang Xingyang, a 29-year-old financial … ( read original…
