BEIJING (Reuters) – Apple Inc and other consumer brands lowered prices for their products in China on Monday as a cut in the country’s value-added tax (VAT) rate came into effect. Price tags for ……
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Foreign brands cut prices in China as VAT rates go down
World famous consumer brands including Apple, Louis Vuitton and Gucci have announced their decisions to cut their suggested retail prices to give the gains from China’s value-added tax (VAT) cut to … ( read original…
China drone maker EHang delays IPO plan, eyes private funding: sources
HONG KONG (Reuters) – Chinese drone maker EHang has delayed plans for a U.S. initial public offering (IPO) and is instead looking to raise up to $200 million in a private fundraising, two people with…
China manufacturing growth rebounds in March
China’s manufacturing sector unexpectedly returned to growth for the first time in four months in March, in a sign that government stimulus measures may be slowly gaining traction, a private business … ( read original…
Huawei, Lenovo and Alibaba rank top 3 among Chinese global brand builders
… from inaugurating report’s 30 brands in 2017 to this year’s 50 brands is in part due to the rapid pace at which Chinese businesses are pursuing global expansion. Many of China’s brands are ……
China March factory activity grows for first time in four months, but exports weak
If sustained, the improvement in business conditions could indicate that manufacturing is on a path to recovery, easing fears that China could slip into a sharper economic downturn. But analysts … ( read original story…
More global brands join in Alibaba’s IP alliance
[Photo by Niu Jing/For China Daily] SHANGHAI – Over 130 brands have joined in China e-commerce giant Alibaba’s anti-counterfeiting alliance, with the latest entries made by multinationals like Dyson … ( read original story …)
‘You can’t make friends after one lunch’: What brands get wrong about China
Angelica Cheung has spent much of her 20 years in the fashion industry in transit. Editor-in-chief of Vogue China, Angelica Cheung. Cheung did her MBA at the University of South Australia, holidays … ( read…
China’s securities regulator approves 3 IPO applications
BEIJING – China’s securities regulator has approved new IPO applications from three companies. The applications were from smart locker manufacturer Shenzhen Zhilai Sci and Tech, Guangdong-based South … ( read original story …)
Italy’s Deal With China Signals a Shift as U.S. Influence Recedes
China’s government-backed manufacturers, operating on a much larger scale with much cheaper costs, devoured small Italian companies producing machinery, textiles and pharmaceuticals. Chinese knockoffs … ( read original story …)
UK fashion brands battle for China’s growing market
Over the next week Shanghai Fashion Week will fill the city with models, designers and buyers. The show is becoming a key route into China but the lucrative market remains difficult to navigate. … (…
Exclusive: Chinese EV car maker NIO restricts its IPO banks from working for rivals – sources
EV CAPITAL-RAISING RUSH NIO’s move comes at a time when many Chinese EV makers are considering IPOs or have launched private fundraisings as China cuts the subsidies it has historically offered as … ( read…
China securities regulator says IPO reform could be expanded
BOAO, China (Reuters) – A top Chinese securities regulator said on Friday that a trial program to revamp the country’s initial public offering (IPO) mechanism will be expanded if successful. ( read original story …)
