In recent years, foreign luxury brands in China have heavily relied on celebrities to enhance brand recognition and gain customer loyalty. Though this strategy can bring about repercussions when brands work with someone who does…
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China’s turn to Western capital may be riskier than it appears
Noah Smith is a Bloomberg View columnist. China is opening its financial firms to more foreign ownership. The opportunity might seem tempting. But developed-world buyers should beware – it’s possible that it’s a trap. On…
China Med Device Helps Promaxo Secure Key Funding and Distribution Partner
China Med Device, LLC (CMD) congratulates its client, Promaxo, Inc., on partnering with MicroPort Scientific Corporation for its office-based MRI technology. ANDOVER, MASSACHUSETTS, USA, November 20, 2017 — NORTH ANDOVER, Mass. – October 1, 2017…
China is winning electric cars ‘arms race’
HONG KONG (CNNMoney) – China is outmaneuvering the U.S. and other countries in the global scramble for a vital element for electric cars. As demand for the vehicles surges, Chinese companies have been doing deals…
Baoku Online connected directly to China Southern Airlines’ B2G system, reflecting the Alibaba business model
BEIJING, Nov. 20, 2017 /PRNewswire/ Tmall, the B2C e-commerce platform owned and operated by China’s e-commerce giant Alibaba Group (BABA.N), continued to impress capital markets with a gross merchandise volume (GMV) of 168.2 billion yuan…
Don’t blame China for emerging market wobbles
Fears about a significant slowdown in China’s economy and concerns about the credibility of the country’s policy regime led to a sharp sell-off in emerging market assets. The MSCI Emerging Market Index, the leading equity…
Alibaba goes offline with $2.9-billion stake in China’s top grocer
Internet giant Alibaba Group Holding Ltd said on Monday it would invest HK$22.4-billion ($2.87-billion U.S.) for a major stake in China’s top hypermart operator, Sun Art Retail Group Ltd, part of a wider push into…
Philippines’ Duterte offers China 3rd telecom carrier slot
MANILA, Philippines — Philippine President Rodrigo Duterte has offered to China an opportunity to operate a new, third telecommunications carrier in the country, his spokesman said Monday. The move is aimed at breaking a telecoms…
China’s deep ties to Zimbabwe could grow after Mugabe era
HONG KONG — Under Robert Mugabe’s decades-long rule over Zimbabwe, China grew into one of the African nation’s biggest investors, trading partners and diplomatic allies. Now, as Zimbabwe appears on the verge of its first…
Sogou’s IPO ups ante in competition with rival Baidu
The IPO proceeds will be used for research and development as well … both domestically and globally,” Xiang Yang, an industry analyst at Beijing-based CCID Consulting, told the Global Times on Thursday. However, Xiang is…
Sogou IPO Prices High As China Search-Engine Firm Starts Trading
[ibd-display-video id=2549896 width=50 float=left autostart=true]Beijing-based Sogou priced 45 million American depositary shares at 13 late Wednesday, having set an estimated price range of 11 to 13. Sogou will list on the New York Stock Exchange…
China just revealed its plans for pulling ahead in the space race — and they include building a nuclear-powered shuttle
China has big plans in store for 2045. Reuters/Bobby Yip China has unveiled goals it hopes to achieve by 2045 that include a nuclear-powered space shuttle. They also include a reusable space plane and vehicles…
In China, an Education in Dating
China worries about its lonely hearts … Ye Chaoqun, a 27-year-old small business owner who is hoping to make the woman he likes fall in love with him; and James Zhang, a 30-year-old cancer doctor…
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