The store, at Lesen Shopping Center, No.31, Zongfu Road, was previously occupied by luxury brands Louis Vuitton and Dior. It opened at the end of 2011 as Zara China’s single largest store and closed last…
Tagged By business
Apple's iPhone declines in China, and this year could be a struggle
China accounts for a third of worldwide smartphone shipments. Buyers in the market are leaning toward local brands like Huawei, Oppo, Vivo, and Xiaomi, which formed the top four smartphone vendors in China in 2016,…
Manufacturing in China: The Business Risks
In a post entitled The 7 Major Risks You Run With Your China Manufacturers, China manufacturing expert Renaud Anjouran outlines the business risks foreign companies face when outsourcing their product manufacturing to Chinese factories. Renaud’s…
Yum Brands posts weak sales as Pizza Hut continues to struggle
Yum China started to trade as an independent company separate … operator’s stock worth $630,000 after buying an additional 1,335 shares during the period. Brands by 1.1% in the third quarter. The Company’s segments are…
Oppo is the new leader in China
As with consumers in other developed markets, China’s consumers are awaiting the 10th anniversary of the iPhone with very high expectations”. Although this is an unexpected picture, Oppo is actually the smartphone brand with the…
China's Transsion phones outsell Samsung in Africa
Stephen Ha, general manager of Tecno, said: “We started to zero-in on the African market as early as 2008 after the competition intensified in China.” That was a time when the continent was almost forgotten…
Trump breaks ice with China’s Xi in letter seeking ‘constructive’ ties
“President Trump stated that he looks forward to working with President Xi to develop a constructive relationship that benefits both the United States and China,” it said. China said on Thursday it attached great importance…
Latest type of biological therapy, monoclonal antibodies, tipped as having huge potential in China
Deutsche Bank analysts expect to see substantial growth opportunities in China’s monoclonal antibodies (mAbs) market in the coming five years, naming 3SBio and Shanghai Fosun Pharmaceutical as among the first-movers in the sector. Monoclonal antibodies…
Barrick sale of Super Pit stake to China buyer stalls: sources
Barrick Gold Corp.’s plan to sell its stake in the Kalgoorlie Super Pit mine to a Chinese bidder has stalled, as the buyer faces delays securing financing for the $1.3-billion deal, people with knowledge of…
China to further reduce business charges
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. [File photo/Xinhua] China’s State Council on Wednesday decided to further reduce and standardize…
China to further reduce business charges to lessen corporate burden
China’s State Council on Wednesday decided to further reduce and standardize business charges to lower the corporate burden in the real economy. The move is a key part of the drive to streamline administration and…
China's service trade deficit growth slows in 2016
BEIJING – China’s service trade deficit grew more slowly in 2016, as more Chinese people traveled overseas. The service trade deficit stood at $242 billion at the end of 2016, up 33 percent year on…
Open Sesame: China Announces Further Opening of the Economy
Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region.…
