Beijing has issued its first orange smog alert ahead of the winter when air pollution levels usually soar in northern China as power is ramped up to fuel central heating systems. The orange alert, the…
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Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. China Literature has raised $1.1B after pricing its Hong Kong IPO…
Chinese 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…
China to step up checks on illegal financing of property: state media
BEIJING (Reuters) – China’s central bank, its banking regulator and the housing ministry have asked banks to step up checks on property downpayment sources, including income authenticity, state news agency Xinhua reported on Friday. China…
China dispute’s Trump’s claim of ‘flood’ of fentanyl into U.S.
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 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…