A Chinese clerk counts US dollar banknotes at a bank in Huaibei city, East China's Anhui province. [Photo/VCG] China's forex reserves dropped to $2.9982 trillion in January, lower than market expectations of $3.0035 trillion, the lowest level since ... ( read original story ...)
Chinese beauty brands up digital investment, report says
The L2 report uses its specific worldwide standard to analyse the capabilities and achievements of 98 beauty brands in China. It analyses various key segments within the sectors including skin care, colour cosmetics and fragrance companies. A large ... ( read original story ...)
China moves to revitalize “time-honored brands”
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 central authorities have jointly ... ( read original story ...)
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 exchanges hosted four of the ten largest IPOs globally by ... ( read original story ...)
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 banking industry brand valuation, an industry ... ( read original story ...)
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 combined brand value of China’s lenders has surpassed that ... ( read original story ...)
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 the market thanks to China’s Reform and ... ( read original story ...)
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 the fourth quarter of 2016 ... ( read original story ...)
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 Corp. of China Ltd., or Comac ... ( read original story ...)
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 practice has ended ... ( read original story ...)