China doesn’t deny that some fentanyl produced illicitly inside the country is contributing to the epidemic, Wei Xiaojun, deputy director-general of the Narcotics Control Bureau of the Ministry of Public Security, said at a news…
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China disputes Trump’s claim of ‘flood’ of fentanyl into US
China doesn’t deny that some fentanyl produced illicitly inside the country is contributing to the epidemic, Wei Xiaojun, deputy director-general of the Narcotics Control Bureau of the Ministry of Public Security, said at a news…
China says has agreement with Vietnam on managing South China Sea dispute
BEIJING/HANOI (Reuters) – China and Vietnam have reached agreement on managing … “They reached an important consensus,” Chen told a news briefing. “Both sides will uphold the principle of friendly consultations and dialogue to jointly…
Domestic startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
Virtual Reality in China: Unlimited Possibilities for Luxury Brands
Virtual reality is booming worldwide and, as often is the case, China is leading the way. At the Global ARVR China Summit held this year in Shanghai, local startups released pioneering innovations that compete with…
L Brands’ founder sees company’s future growth will be in Far East
L Brands’ founder, chairman and CEO, Leslie H. Wexner, was in an optimistic mood Thursday as he addressed an investor update crowd at the retailer’s headquarters. The reason, in great part, boiled down to one…
iPhone X debuts: Will Apple succumb to domination of OPPO, Huawei and Vivo in China?
Apple is hopeful of its latest feature-rich iPhone model, but an uprising of Chinese smartphone brands of late has made industry observers remain cautious, especially in China. Apple, which has been struggling with declining revenue…
3 Shopping Habits of China’s Mass-Affluent Men That Luxury Brands Need to Know
The rapid expansion of China’s wealth in recent decades has given birth to the country’s mass affluent male class (M.A.C), which wields massive purchasing power and directly affects luxury brands. However, research focusing on uncovering…
Fast food chain owner Yum! Brands shares up after third quarter results
Yum Brands Inc (NYSE:YUM) saw its shares rise in premarket trade … up from the US$3.31bn recorded a year earlier. The company spun off its China business in November last year. This was comfortably above…
Jollibee shuts down China hotpot business
Fast-food giant Jollibee Foods Corp. has shut down its hotpot dining business under the 12 Sabu brand in mainland China, mostly to focus on its bigger brands in this part of the world. 12 Hotpot…
BRIEF-China Aoyuan Property Group posts contracted sales of about RMB4,280 mln for Oct
Nov 2 (Reuters) – China Aoyuan Property Group Ltd: * In October 2017, group achieved unaudited contracted sales of approximately RMB4,280 million in total Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters…
China’s Communist Party Has Ties to $5.15 Billion Hong Kong Property Deal
HONG KONG – Hong Kong’s richest person has just reached one of the world’s largest-ever property deals, and it involves the Communist Party of China. Continue Reading Below Billionaire Li Ka-shing’s CK Asset Holdings Ltd.…
Not until 2020 – comments by Musk on Tesla’s Shanghai factory hit suppliers’ and property stocks
Shares in Tesla suppliers and a Shanghai real estate developer plunged on Thursday, following comments by Tesla chief executive Elon Musk that the electric car maker would not open a widely anticipated factory and make…