China’s state news agency, Xinhua … “Everyone recognizes the common sense that foreign policy isn’t child’s play, and even less is it like doing business deals,” the article stated. “Twitter shouldn’t become an instrument of…
Tagged By business
Apple pulls New York Times app in China after government request
Apple Inc has removed the New York Times Co’s news apps from its app store in China following a request from the Chinese authorities, the companies said separately on Thursday. Apple removed both the English-language…
China nibbles at Samsung share to take 50 percent of India's smartphone market
who are focused more on low-cost markets like China, India and Indonesia. Shah said Chinese vendors’ access to low-cost components and their expertise in designing metal casing for cheap phones has let brands like Oppo,…
China’s Athleisure Market Isn’t Going Anywhere As Functional Fitness Wear Brands Expand
There’s been debate in the last few months as to whether athleisure will lose its status as a top global fashion trend, or whether sales will begin to falter because upscale yoga pants for work…
Superior tech, stronger brands needed
This is a huge gap for China, and so far it has been filled almost entirely by Western brands such as Apple, BMW and Hermes, to name just a few. This is because, while the…
Why Audi Is Facing Dealer Discontent in China
Today, he and his 300 colleagues at mainland China’s first full-service Audi dealership are struggling to boost sales, even with 15 to 20 percent discounts and at losses for the dealer of 20,000 to 30,000…
E-Commerce in China has Brands Hungry to Cash in on the Boom
Last month, Chinese e-commerce site Alibaba reported a rise of online sales of 32% to 120.7 billion yuan (US$17.73 billion), an impressive number, indeed. But that wasn’t a quarterly figure, or even a monthly tally–those…
Which Luxury Brands Will Have the Luckiest Chinese New Year?
At a time when China’s economy faces turbulence and the country’s anti-corruption campaign continues at full speed, some luxury brands are faring much better than others in maintaining their appeal with Chinese shoppers. According to…
Foreign cosmetic brands cut retail prices in China market
High-end cosmetic brands, including Estee Lauder and Amorepacific, have announced price cuts in the Chinese market in the new year in response to lowered consumption tax. The South Korean beauty company Amorepacific said on Tuesday…
Crossovers, China and the Buick conundrum
It’s the fastest-growing major international brand on the planet. Except, what exactly does “international” mean here? Buicks are sold in only four countries: the United States, Canada, Mexico … and China. For obscure historical reasons…
Tiffany, Tesla, and Apple Among U.S. Brands That Could be Most Affected by a Trump-Led China Trade War
He may not be pressing for an investigation against Hillary Clinton and his “great wall” along the Mexican border is no longer a top priority, but one campaign promise Donald Trump appears ready to follow…
Estee Lauder and AmorePacific lower China prices by up to 30 per cent
Cosmetics giants Estee Lauder and AmorePacific have lowered prices in China by up to 30 per cent in the wake of the country’s new import tax regime. “From January 15, we will bring the prices…
China’s Sogou targets $5b IPO to Chase rival Baidu
Beijing: China’s third-biggest search engine expects to hold … Sogou, whose name means “search dog,” plans to sell about 10 per cent of its shares in an IPO that will probably be held this year,…
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