In response to the missile-defense system’s deployment, China has issued angry rhetoric and South Korean businesses operating in China have suffered economic retaliation. China believes the system poses a threat to its own security. Seoul…
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China’s property market is the quickest place on the planet to get rich
Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed since the start of the year, adding US$44.3 billion to…
Rise of real estate tycoons: Billionaires keep bubbling up in China’s soaring property market
HONG KONG/SHANGHAI — Nowhere on Earth is wealth being created faster than in China’s mainland property market. The collective net worth of the country’s richest developers has rocketed upward since the start of the year,…
Why China led the ‘Great Retail Apocalypse of 2017’ and how fashion labels are reinventing themselves
This is the first year in history that has seen more luxury store closures than openings around the world, bringing a sudden halt to the relentless expansion of European and American brands. It was China…
JD.com launches luxury site targeting China’s mid-tier cities
Few luxury retailers have set up stores in these cities, prompting consumers to shop online. “Luxury brands have to have an online presence in China to help themselves reach into second- and third-tier cities whose…
Western beauty brands successfully use ecommerce to sell to China
In a country where buying online, especially via smartphone, has become the norm, Western cosmetic brands are doing well. For instance, according to market research firm Profitero, Bioderma and Maybelline dominate the category of make-up…
Made-in-China scandal continues to plunge top Vietnamese silk brand into crisis
Widespread public backlash. A raft of looming investigations. What’s next for the once-posh Vietnamese garment brand? Khaisilk is poised to face a series of investigations after a made-in-China scandal has triggered widespread calls for the…
China to US: Stay out of South China Sea talks
Add China as an interest to stay up to date on the latest China news, video, and analysis from ABC News. China’s ambassador says the U.S. shouldn’t obstruct efforts by China and its neighbors to…
China warns against attempts to contain Beijing before Trump visit
WASHINGTON (Reuters) – China’s ambassador to Washington said on Monday U.S. President Donald Trump’s state visit to Beijing next week was a historic opportunity to boost cooperation between the world’s two largest economies, but warned…
iPhone 8 may be Apple’s least popular model in China
Whether the discount will spur sales remains to be seen. The iPhone has been losing its luster in China, where Apple has faced increased competition from local brands such as Huawei, Oppo and Vivo. Apple…
iPhone 8 launch propels Apple to growth in China after 18 months of sales dips
Beyond Apple — which is so often the focus when studying smartphone sales in China, given its importance to the company — it is clear that a few brands now dominate the Chinese smartphone market.…
A new ‘trackless electric train’ (aka a bus) starts testing in China
The new vehicle developed by China’s CRRC Corporation, one of the world’s largest train manufacturers is presented as a ‘trackless electric train’. As you can see on the pictures above and below, the train is…
Tim Cook and Mark Zuckerberg meet with Chinese President Xi Jinping in Beijing
Apple CEO Tim Cook arriving before a meeting with Chinese Vice Premier Liu Yandong during a May 2015 trip to China. REUTERS/China Daily Some of the biggest names in tech, including Apple’s Tim Cook and…