China chic – is a popular trend among the country’s main consumer demographics. Foreign brands will have to adjust to keep their place in this vital market.
Tagged By business
China Renaissance founder Bao Fan still ‘cooperating’ in Beijing’s probe six months after sudden disappearance
Bao Fan is still cooperating in an investigation carried out by Chinese authorities, China Renaissance says in an exchange filing. The banker had worked on many high profile mergers in China’s tech …
China’s Economy Isn’t Ailing—It’s ‘Evolving’: IPO Lawyers Told to Watch Their Language
Authorities’ recent guidance has sown confusion over what Chinese companies should say.
The Strategy Behind Volvo’s Recovery Of Import Tariffs On China-Made Cars
A Trump-imposed import tariff of 25 percent can be sidestepped with exports. A relatively less-known tax mitigation provision called the US Duty Drawback program allows US-based automakers to recover the import tariff paid on vehicles…
Business Highlights: Biden restricts investments in China; Climate change upends insurance industry
Biden issues an executive order restricting US investments in Chinese technology …
China Makes Record Export Data Downgrade to Surprise Numbers
China made the biggest downgrade on record to the value of a monthly export figure, a move that could paint a more flattering picture of trade data in months to come amid weak global demand.
Links with US endure amid slow imports
The sharp decline in the value of goods imported by the United States from China — by 25 percent in the first half of this year — is not only due to a drop in…
China’s consumer prices fall for the first time in 2 years, as fears of deflation grow
China reported inflation data for July that pointed to a modest improvement from June, promptingseveral economists to warn of growing risk of deflation
MPCVault’s crypto wallet for businesses hits $500M AUM in 7 months
While a plethora of products have been developed to meet the crypto needs of consumers, there are limited options designed to assist enterprises in managing digital assets. Many companies thus find …
China trade surplus narrows sharply in July as exports, imports both posted double-digit decline
China’s trade surplus plunged to $80.6 billion in July 2023 from $102.7 billion in the same period a year earlier, compared to market forecasts of $70.6 billion, as exports fell
Japanese Carmakers See Next Few Years as Fight for Survival in China
This year, analysts expect Chinese brands to surpass foreign brands in their share of the overall domestic market for the first time in decades. Already in the first six months of 2023, local brands …
China leads race to modernise global money flows
A new platform to expand the reach of China’s digital yuan and other central bank digital currencies is moving closer to reality, raising eyebrows among some defenders of a system long dominated by …
Record China Data Revision May Make Export Picture Look Better
China’s customs authority made the biggest downgrade on record to a monthly export figure, a move that could paint a more flattering picture of trade data already plunging amid weak global demand.
