CIA Director Mike Pompeo failed to disclose links to a company owned by the Chinese government during his 2017 confirmation. The CIA defended Pompeo’s omission saying, “He would have no reason to know details on…
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LVMH Sets Upbeat Tone for Luxury Brands
LVMH moved to ramp up its e-commerce business across its stable of brands last year with new sites for its Celine handbags and Berluti shoes, the first online store in China for its largest brand,…
Heritage minister gets assurances from China on protection of intellectual property
Heritage Minister Mélanie Joly said she and dozens of Canadian cultural organizations in China have been given assurances on protection of intellectual property should they enter the Chinese market. Canadian companies have raised concerns repeatedly…
‘We will make great progress together!’ Trump praises Xi after Chinese leader offers concessions on auto tariffs and intellectual property
Very thankful for President Xi of China’s kind words on tariffs and automobile barriers…also, his enlightenment on intellectual property and technology transfers. We will make great progress together!’ Trump tweeted. But China also filed a…
China making concessions in trade standoff with Trump?
BEIJING– President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade and technology that investors worry could…
China-Based CLPS Files For $14 Million U.S. IPO
CLPS (CLPS) intends to raise $14 million from the sale of its common stock in a U.S. IPO, according to an F-1 registration statement. The firm provides legacy financial institutions in China with a range…
The big multinational brands kowtowing to China
A couple of years ago, a satirist on Taiwan, the democratic self-governing island that China claims as a province, created an online “Apologise to China” contest. Shortly before, an 18-year-old Taiwanese pop singer named Chou…
Samsung’s Market Share in China is Now 0.8% Only
According to a recent market study carried out by Strategy Analytics, the South Korean held on to 12 th spot in China in the fourth quarter of 2017. Currently, the only foreign company that has…
It Built an Empire of GIFs, Buzzy News and Jokes. China Isn’t Amused.
BEIJING — A Chinese start-up that appears to have mastered the art of keeping people glued to their smartphones also has a knack for something else: drawing the ire of China’s censors. The country’s top…
Top China news app self-criticises after government crackdown
One of China’s most popular news apps issued an abject apology Wednesday and pledged to increase its internal censorship staff to 10,000 after it and three other apps were temporarily banned by the government in…
The Future of Retail is Happening Right Now in China
For nearly 19 years, it has built the backbone of China’s giant e-commerce machine, essentially creating a “move-in” environment for brands, as well as an engaging discovery and frictionless purchase process for shoppers. As a…
How to command price premium in China
In China market today, “consumption upgrading” is a buzzword … it might be better quality, quicker delivery, better brands, smarter functions, or a combination of various factors. Behind this change is the fact that more…
Tech firms take the IPO limelight
Walter Zhang, PwC China Assurance Partner, said: “Chinese TMT IPOs maintained strong momentum over the year, with the total proceeds doubling year-on-year. The number of TMT IPOs also grew by 50 percent from 2016.” However,…
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