Such a move by China has placed American firms at a “considerable cost disadvantage,” said PIIE researchers, who include notable trade expert Chad P. Bown. In addition to gaining an edge against the U ……
Tagged By business
China’s premier tells foreign CEOs China will commit to reform, opening up
“We welcome more and more foreign investment to come to China,” Li said to a group of 19 business leaders at the Great Hall of the People including CEOs from Honeywell International Inc, Volkswagen AG…
Homegrown brands lead foreign firms in domestic market
… brands dominated the Top 10 most chosen brands’ list in 2018, with Yili leading the pack in the country for the fourth consecutive year, a report by Kantar Worldpanel Division Asia said. “In China…
Google was grilled about China and other hot-button topics during its investor meeting
A question regarding a potential censored search engine in China was directed at Pichai but was answered by Kent Walker, the company’s chief counsel. “We continually assess all the countries around … ( read original…
China’s Biggest Payment Firms Have No Plans to Follow Facebook into Crypto
China’s internet giants appear unlikely to follow Facebook … Ma said at the time: “The greatness of blockchain technology depends on how it’s used. Issuing initial coin offerings or digital … ( read original story…
Chinese consumers buy more domestic brands in midyear 618 shopping festival as trade war rages on
Consumers in China, the world’s largest e-commerce market, have shifted to buying more goods from domestic brands in the country’s annual midyear online shopping festival amid the escalating trade war … ( read original story…
The Top 10 Luxury Brands in China
China’s economic slowdown and the ongoing trade war with the US have had luxury brands worried about consumer sentiment, but Chinese shoppers are still stocking up on high-end handbags — and sneakers. … ( read…
‘Jumping on bandwagons, not pioneering them’: What Prada’s late push into China means for the brand
Italian luxury house Prada is finally getting in the same boat that many of its peers joined months or even years prior, by launching flagship stores on two Chinese e-commerce platforms: Secoo and JD. ……
Facebook’s ‘Cryptocurrency’ Libra Finds Love In China
The reaction in China, however, has been notably less cynical. Libra showed up in the ‘Hot Searches‘ on China’s biggest crypto-tracking app, MyToken. According to Primitive founder, Dovey Wan, this is … ( read original…
Why Chinese designers behind Ratio et Motus don’t want to make their luxury leather bags in China
The brand makes its bags in Italy Wang and Li say they don’t have plans to move production to China because it ‘boils down to perception and quality’ Ratio et Motus is an emerging luxury…
China’s Geely selects Swedish software firm as driverless car supplier
STOCKHOLM (Reuters) – China’s Geely has picked Zenuity … It said on Wednesday that the deal would encompass Geely’s range of car brands, which include Geely Auto, performance brand Polestar, … ( read original story…
Prada partners with JD.com to expand digital presence in China
Iconic luxury brand’s opening of authorized flagship store on JD.com announced as part of e-commerce platform’s June 18 anniversary sales festival. Legendary Italian fashion house Prada Group has … ( read original story …)
Harley-Davidson strikes deal to build smaller bike in China
Harley-Davidson Inc. will partner with China’s Qianjiang Motorcycle Co. to build a new smaller motorcycle than its trademark “big hogs,” making good on promises to move more production outside the … ( read original story…
