Foxconn unit’s IPO, which would be the largest domestic listing since China’s stock market crash in mid-2015, comes at a time when Beijing steps up its efforts to encourage Chinese “new economy” companies to list…
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‘We’re building here for 100 years’: JPMorgan is making a big move into China
JPMorgan has announced plans to set up a new brokerage in China, marking a major advance into the relatively closed market. The Wall Street bank has applied to set up a new onshore securities business.…
China leads the world as luxury brands invest in digital channels
China is the most advanced digital market for luxury advertisers, attracting more than 50% of ad spend, according to research by Zenith. The Luxury Advertising Expenditure Forecasts 2018 report, which compares luxury advertising expenditure in…
Hisense debuts at Shanghai brand exhibition
Chinese home appliances giant Hisense Group made its debut at the first China Independent Brand Exhibition in Shanghai on May 10, China Brand Day, displaying its 49 years of history since its birth as an…
ZTE employees in China cheer Trump tweet
In an unexpected reversal of a hardline U.S. stance on the issue, Trump said on Twitter on Sunday that he and Chinese President Xi Jinping were working together to give ZTE “a way to get…
Asian stocks up on hopes of thaw in U.S.-China trade tensions
SYDNEY (Reuters) – Asian shares rose to near two-month highs on Monday on hopes of a thaw in U.S.-China trade tensions, after U.S. President Donald Trump pledged to help ZTE Corp “get back into business,…
Why history drives China’s tough stance on global trade
Also fuelling this is the traditional Chinese belief that the shrewdest business person deserves the best deal or outcome. People who have visited China would have experienced a microcosm of this mentality while shopping. At…
More young Chinese consumers prefer domestic brands
Young Chinese consumers are becoming fans of domestic brands and turning their back on foreign products. According to a survey done by leading financial services company Credit Suisse this March, China is seeing the emergence…
In concession, Trump will help China’s ZTE ‘get back into business’
WASHINGTON (Reuters) – U.S. President Donald Trump pledged on Sunday to help Chinese technology company ZTE Corp “get back into business, fast” after a U.S. ban crippled the company, offering a job-saving concession to Beijing…
Trump pledges to help Chinese phone maker ZTE ‘get back into business’
“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump tweeted. “Too many jobs in China lost. Commerce Department has…
China Construction shares story to enhance brand at expo
Guan Qing (R), chairman of China State Construction Engineering Corporation, visits the exhibition area. [Photo provided to chinadaily.com.cn] At the forefront of the Fortune 500 list, China Construction, a leading construction conglomerate, demonstrated … (…
President Trump says he’s working with China to save ZTE
ZTE, a smartphone and telecom equipment maker that does business around the world … Now, Trump says he’s working with President Xi Jinping of China to get the company back on its feet. “Too many…
Yoox-Net-a-Porter Group, China, boss Claire Chung says luxury brands need to understand the new generation
With a career not only spanning, but creating global fashion e-commerce, Claire Chung is a renowned expert on Chinese and international retail, digital, fashion and culture. Speaking five languages and having lived across continents, Chung…
