The last time I checked on with Yum! Brands, Inc. (NYSE:YUM), the company had cashed out its China investments through a spin-off called Yum! China Holdings Inc (NYSE:YUMC), and presumably focusing more on the U.S.…
Tagged By beijing
China urges cooperation after US brands it a competitor
Cooperation between China and the United States will lead to a win-win outcome for both sides, but confrontation will result in mutual losses, China said on Tuesday, after the United States branded it a competitor…
What China is doing to create a tech edge over the US
Nor does it just assemble devices for Apple, or make clothes for Nike. China manufactures over 70 percent of all smartphones. Chinese brands accounting for half of the world’s market share. China also produces 80…
Volkswagen’s Spanish Unit to Sell Electric Cars in China Under New Name
Seat SA, the Spanish subsidiary of Volkswagen AG, will sell its China-made electric cars (EVs) under a different brand name in the country, sources familiar with the matter told Caixin. The official establishment of Volkswagen’s…
Apple is Morgan Stanley’s top tech pick for 2018 because iPhone X is a hit in China
Apple’s iPhone X is not only pushing existing customers in China to adopt the new luxury phone, but is even causing people to switch away from different brands, according to Morgan Stanley. The combination of…
5 exciting brands opening stores in Toronto next year
This popular, China-based, self-described “Japanese lifestyle brand” will expand into Toronto this year after a successful October launch in Pickering. Often described as a competitor to Dollarama, you’ll find everything from cosmetics to electronics ……
China to forge international consumption hubs
Large-scale e-commerce platforms will be encouraged to cooperate with international brands, and premium commodities and services will be introduced to satisfy mid- to high-end consumer demands. This is part of China’s consumption upgrading program to…
ANTA Unveils PyeongChang 2018 Award Ceremony Outfit for the China Winter Olympic Team
Zheng Jie, Executive Director of ANTA Sports and ANTA Brand President, said, “China’s winter sports are still in the preliminary stage, so ANTA Sports wants to leverage its own strength to encourage more people to…
London’s Hamleys Store Opens in Beijing
BEIJING, Dec. 23, 2017 — On December 23rd, 257-year-old British Toy Retailer Hamleys, opens its largest store worldwide in Beijing, the third one so far in China. An exclusive Hamleys Toy Parade is also held…
Beijing Tops China’s First ‘Green Development’ Index, But Sinks in Public Opinion
Beijing: China published its first “green development” index on Tuesday, listing regional governments which promote environmentally friendly development, with Beijing coming out top, though it came second-to-last in a survey of public satisfaction. ( read…
China hands down harshest sentence yet in crackdown on activists
BEIJING (Reuters) – China sentenced a prominent rights activist to eight years … Chinese state media branded those reports “fake news” and said the accounts were concocted as a means of gaining attention. Xie’s lawyer…
China’s new consumption-driven economy isn’t what it seems
In China, where wealth is concentrated in Communist Party cadres and those close to them, the average is meaningless because the rich distort the reading. What matters is the median. The property bubble in big…
China stocks rise, led by financials and property firms
SHANGHAI, Dec 26 (Reuters) – China stocks ended firmer on Tuesday, led by financial and real estate firms, though trading was thin as year-end nears. ** At the close, the Shanghai Composite index was up…
