Tag: business

China’s malls continue to expand as not only a place to shop, but a place for consumers to gather for entertainment. (Shutterstock) Changes in China’s retail landscape continue to reflect the extent to which online shopping has altered the way Chinese ... ( read original story ...)

The areas where China does cater locally to smartphone components is in display, battery, and assembly manufacturing. Display technology is probably the one component where there is some discrepancy between manufacturers, due to their choice of AMOLED or ... ( read original story ...)

Apple is finding it hard to hold on to its slice of the Chinese smartphone market as the global giant faces tough competition from several homegrown brands -- Huawei, Oppo, Vivo and Xiaomi. Photo: Huawei/Oppo/Vivo/Xiaomi ( read original story ...)

E-commerce is dominating in the luxury industry in China, and brands are increasingly diversifying their points of purchase. They’re reaching Chinese shoppers via not only the country’s major e-tailers, like Tmall, Secoo, and JD.com, but through their ... ( read original story ...)

Atelier Cologne’s sale was significant for industry watchers as L’Oreal, for the first time, had its own fragrance specialist; L’Oreal had up until then focused on fashion brand licenses for its perfume division. “We chose L’Oreal,” says ... ( read original story ...)

Q. What is Marriott’s footprint in China in key gateway cities? A. After the merger of Marriott and Starwood, we are upgrading 265 hotels which come under 17 different brands in Greater China which includes China, Macau, Taiwan and Hong Kong. Not only ... ( read original story ...)

With over 5,000 financial centers, it serves millions of consumers and businesses. 2016 rank: 32 Brand value ($m): 31,250 One of the five biggest state-owned banks in China, it is the oldest one in the nation. Established in 1912 to replace the Imperial ... ( read original story ...)

High-end names such as Cie. Financière Richemont, Burberry Group PLC and LVMH Moët Hennessy Louis Vuitton are experiencing a surge in sales in mainland China as the government taxes overseas purchases and some luxury brands lower prices in China to bring ... ( read original story ...)

Refineries in the United States have spent billions configuring themselves to process Alberta's heavy oil. For years, China has been named as the next big market for Canadian oil. China invested heavily in the oilsands for many years, and its demand for ... ( read original story ...)

China's second aircraft carrier is making steady progress. Chinese state media China has made excellent progress developing its second aircraft carrier, and Chinese state-run media says it could start patrolling the South China Sea by 2019. The South ... ( read original story ...)