Rich consumers (generally 20-60 years old) are fairly concentrated in large urban areas, with Beijing, Guangdong, and Shanghai housing about half of this group. These individuals are successful entrep… ( read original story …)
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Iconic Canadian Brand ‘JAC by JC’ Sees Explosion of Success by Moving Operations to China
In 2012, Oakridge Centre announced a substantial renovation which would begin with the addition of three new-build anchor stores. In 2014, Vancouver City Council approved the expansion which would see … ( read original story…
China is most important battleground for carmakers
China’s slowing economy also poses a challenge. This will likely further intensify the battle between the traditional carmakers and newcomers for market share. And as far as electric cars are concerne… ( read original story…
Apple and Huawei sit atop the Top 10 Smartphone brands in China in terms of revenue
The rise of Android phones has no doubt have some effects on Apple‘s iPhone sales globally. Just last week Wednesday, the US company announced that it is slashing its revenue forecast for the first fi……
Chinese auto brand shines
Established in 1953, the company is China’s oldest and largest automotive group, and its subsidiary brand Hongqi is also the assigned automobile brand for state leaders and guests in many state events … ( read…
World’s Biggest Tobacco Seller Eyes an IPO Spinoff
China National Tobacco, the largest tobacco company in the world, could list its international unit in an IPO in Hong Kong later this year. That unit, China Tobacco International (HK), is mainly respo… ( read…
Tesla breaks ground for factory in China, despite trade tensions
China has local brands of electric vehicles The company faces competition from Chinese brands including BYD Auto and BAIC Group that already sell tens of thousands of hybrid and pure-electric sedans a… ( read original…
eOne bolsters Family and Brands arm in China
In an effort to expand the presence of its popular preschool properties in China, eOne’s Family & Brands arm for the region has appointed former Pearl Studio GM Pengchong Xu (pictured left) as … (…
China’s best-selling spirit brand sees surge in overseas sales
China’s best-selling spirit brand Kweichow Moutai saw its international exports surge to US$430 million in 2018, an increase of 28.6 percent from the previous year, according to a statement … ( read original story …)
Poseida Therapeutics applies for IPO
State-backed life sciences investor Malin said its investee company Poseida Therapeutics has filed for a potential initial public offering (IPO) on the Nasdaq’s Global Select Market. Malin owns 33pc o… ( read original story …)
B.C. fashion company dodges Huawei backlash in China
Canadian retail industry observers say other brands that incorporate Canadian themes and have exposure to mainland China, such as Roots, may also be affected. For Cuevas, Jac by Jacqueline Conoir’s mi… ( read original story…
China second-tier handset brands to face more upheavals in 2019
China’s second-tier handset brands are bracing for more upheaval in 2019 as their first-tier competitors are expected to continue to consolidate their market share, while handset demand is retreating, … ( read original story …)
Paying the price: China shoppers, stung by slowdown, take bite out of Apple
China’s iiMedia Research forecast 144 million users of second … cheap Huawei,” one user wrote in a comment “liked” several hundred times. “Support Chinese brands!” Support for local smartphone brand… ( read original story …)
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