VeChain’s blockchain technology is enabling Walmart China to implement a traceability strategy for products and pioneer the large-scale application of blockchain traceability. By scanning the desired … ( read original story …)
Tagged By business
Luxury Brands In China Embrace WeChat
Luxury brands are increasingly using chat app WeChat in China to reach customers and sell big-ticket items, according to a report by TechCrunch. Brands like Bulgari, Cartier and Louis Vuitton are on … ( read…
After Wrangler Spinoff, VF Taps Alibaba for China Expansion
Taobao Mall was subsequently rebranded as Tmall and has become an important tool in getting foreign brands to market in mainland China, Hong Kong, Macau, and Taiwan. Tmall is now China’s largest … ( read…
Tariffs weighing on manufacturers’ optimism, survey shows
The trade group reported that multiple companies said tariffs on imports from China were a concern. Manufacturers are affected by tariffs on components as well as finished products. In many industries … ( read original…
An Instant Pot will cost $38 more in the U.S. if Trump goes ahead with new China tariffs
China, or U.S. customers and companies? Corelle, which makes Pyrex and other kitchen products, agreed to merge with Instant Pot’s owner, Instant Brands Inc., earlier this year. The company is … ( read original story…
Business adds new clout to latest round of Hong Kong protests: Don Pittis
A law that would force Hong Kong courts to send people charged with crimes under Chinese law to mainland China to face penalties has the two groups worried for different reasons, and this time ……
China says U.S.-China trade teams in contact ahead of G-20
Trump has already imposed 25% tariffs on $250 billion in Chinese imports and China has retaliated with tariffs on U.S. goods. The sides are now in a stalemate after 11 rounds of talks that have…
Carrefour Sells Control of China Business at a Discount
(Bloomberg) — Carrefour SA has agreed to sell an 80% stake in its China unit for 4.8 billion yuan ($698 million) in cash to local retailer Suning.com Co. as it rethinks its exposure in the…
China says FedEx should offer a proper explanation on Huawei
BEIJING — China’s foreign ministry said on Monday that FedEx Corp should offer a proper explanation, after the firm apologized for refusing to ship a Huawei Technologies phone sent from … ( read original story…
Cartier, Bulgari and other luxury brands are flocking to WeChat
Not long ago, people in China would need to visit a posh, stylish mall for luxury shopping. That’s rapidly changing as high-end brands race to embrace digital channels, which aren’t just the … ( read…
China, HK stocks subdued as investors brace for trade talks
SHANGHAI — China and Hong Kong stocks held steady on Monday, as investors pinned their hopes for any signs of thaw in the Sino-U.S. trade negotiations at the G20 summit later this week. … (…
Manufacturer Latest To Reach China’s Billionaire Ranks After IPO
A 110% rise in the share price of industrial goods manufacturer Jiangsu Guomao Reducer after its IPO this month has lifted its founder into the ranks of the world’s billionaires. Guomao Chairman Xu … (…
Hong Kong behind NYSE, Nasdaq in IPO rankings in first half of 2019 as extradition bill and trade war weigh on sentiment
Hong Kong’s stock market is expected to rank third, and Shanghai fourth, in global IPO market rankings for the first half this year, according to latest analysis by Deloitte China’s National Public … ( read…
