Foreign luxury brands hoping to appease the Chinese market are walking on eggshells as the political crisis in Hong Kong is deepening. Chinese netizens and state media recently condemned foreign … ( read original story…
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Hyundai Motor shifts focus to India from China
China’s slowing car demand has also prompted Hyundai and Kia to look to India and other newly emerging markets as a global manufacturing hub, they said. According to data from the Korea Automobile … (…
After Versace, Givenchy and Coach, Swarovski the latest luxury brand to infuriate China
After Versace, Givenchy and Coach, Swarovski is the latest luxury brand that caused outrage in China for its labelling of Hong Kong, Macau and Taiwan. Swarovski also lost the support of its … ( read…
China’s Shenzhen Gas to launch new LNG terminal with cargo from ENI
SINGAPORE (Reuters) – Chinese city-gas distributor Shenzhen Gas (601139.SS) will launch next week in southern China its first fully-owned terminal to import liquefied natural gas (LNG), a company … ( read original story …)
How Beijing wages its media assault on the credibility of the Hong Kong protesters
Protesters detain a man they suspected was a Chinese undercover agent during a demonstration at the Airport in Hong Kong on Tuesday. He was later identified as a reporter for a state-run Chinese … (…
Invesco thrives in China as former executive Ross leads Trump’s trade war
BOSTON (Reuters) – The former investment company of U.S. Commerce Secretary Wilbur Ross has been flourishing in China, even as he marshals billions of dollars’ worth of punishing tariffs in … ( read original story…
AI Startup Plans IPO at Value of Over $1 Billion — in China
(Bloomberg) — The promise of artificial intelligence has yet to translate into big business. Now Kai-Fu Lee, a prominent venture capitalist in China and founder of Sinovation Ventures, says his … ( read original story…
Chinese Starbucks Rival Luckin Falls Most Since IPO Amid Cash Burn
Starbucks’s IPO-Bound China Rival Wants to Re-Invent Coffee Game China is becoming an increasingly important market for coffee retailers as the country’s middle-class tea drinkers develop a … ( read original story …)
What Kontoor Brands’ Management Wants Shareholders to Know
as its competitors tend to concentrate manufacturing in China and other south Asian countries to reap cost advantages. But a localized supply chain gives the Wrangler and Lee brands an edge in … ( read…
How luxury brands are responding to the end of China’s one-child policy
Chinese authorities announced the end of the one-child policy in October 2015, allowing families to have two children. In the summer of 2018, China’s parliament erased “family planning” policies from … ( read original story…
VW brand’s China sales grow for 2nd straight month
Volkswagen, the largest car brand in China, bucked the market downturn for a second month in a row, with July sales rising 2 percent to 228,000. The gains came mainly as a result of its…
Trump trade war is splitting tech manufacturers along U.S.-China lines
Even the unseasonable downpour couldn’t dampen the spirits of the executives and officials gathered on the Indonesian island of Batam to cut the ribbon on a new Pegatron Corp. factory. The men … ( read…
China bought U.S. pork last week as Beijing declared halt in U.S. farm purchases
China made its biggest purchases of U.S. pork in seven weeks last week as Beijing said Chinese companies suspended purchases of American agricultural products, according to U.S. Department of … ( read original story …)
