HÀ NỘI — Khaisilk, once regarded as Việt Nam’s hi-end silk brand, is facing a series of investigations following a “Made-in-China” scandal. Minister of Industry and Trade Trần Tuấn Anh said relevant documents had been…
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China’s Xi promises reform in event with US business leaders
BEIJING — President Xi Jinping has promised to open China’s economy wider during a meeting with American business leaders ahead of a visit by U.S. President Donald Trump amid trade tensions. Xi spoke Monday to…
China Oct. official factory PMI falls more than expected to 51.6
The data will give global investors their first look at business conditions in China at the start of the fourth quarter, with the government’s war on winter smog adding to uncertainty amid early signs of…
China’s Oct factory growth slows more than expected on smog war, softer export orders
The data gives global investors their first look at business conditions in China at the start of the fourth quarter, with the government’s punishing war on smog adding to uncertainty amid early signs of a…
Apple is finally seeing iPhone growth in China, though it may not last
In August, Apple reported that sales in greater China dropped 10 percent from the prior year. While Chinese brands like Huawei, Oppo, Vivo and Xiaomi have struggled to gain traction in the U.S., they all…
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…
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…
Shanghai stocks post worst day in 11 weeks on fears of IPO wave
China’s securities regulator on Friday had approved nine IPOs that will raise a total of 9.5 billion yuan ($1.43 billion), more than double the average funds raised in the past weeks. That sparked fears more…
