Nor does it just assemble devices for Apple, or make clothes for Nike. China manufactures over 70 percent of all smartphones. Chinese brands accounting for half of the world’s market share. China also produces 80…
Tagged By business
Volkswagen’s Spanish Unit to Sell Electric Cars in China Under New Name
Seat SA, the Spanish subsidiary of Volkswagen AG, will sell its China-made electric cars (EVs) under a different brand name in the country, sources familiar with the matter told Caixin. The official establishment of Volkswagen’s…
Apple is Morgan Stanley’s top tech pick for 2018 because iPhone X is a hit in China
Apple’s iPhone X is not only pushing existing customers in China to adopt the new luxury phone, but is even causing people to switch away from different brands, according to Morgan Stanley. The combination of…
5 exciting brands opening stores in Toronto next year
This popular, China-based, self-described “Japanese lifestyle brand” will expand into Toronto this year after a successful October launch in Pickering. Often described as a competitor to Dollarama, you’ll find everything from cosmetics to electronics ……
China to forge international consumption hubs
Large-scale e-commerce platforms will be encouraged to cooperate with international brands, and premium commodities and services will be introduced to satisfy mid- to high-end consumer demands. This is part of China’s consumption upgrading program to…
ANTA Unveils PyeongChang 2018 Award Ceremony Outfit for the China Winter Olympic Team
Zheng Jie, Executive Director of ANTA Sports and ANTA Brand President, said, “China’s winter sports are still in the preliminary stage, so ANTA Sports wants to leverage its own strength to encourage more people to…
China steering economy through mountain of debt
China’s leadership has made “preventing financial risk an economic priority” for the next three years as President Xi Jinping tries to steer the economy through perilous territory, with a “mountain of debt” and an increasingly…
China’s Shanghai to battle ‘big city disease’ by limiting population to 25m
China’s financial hub of Shanghai will limit its population to 25 million people by 2035 as part of a quest to manage “big city disease”, the cabinet has said. The State Council said on its…
China to overtake US economy by 2032 as Asian might builds: report
The report by the Centre for Economics and Business Research in London sees India leapfrogging … In 2032, three of the four largest economies will be Asian – China, India and Japan – and, by…
China calls for constructive efforts to ease Korean tensions
BEIJING (Reuters) – China called on Monday for all countries to make constructive efforts to ease tension after North Korea said the latest U.N. sanctions against it are an act of war and tantamount to…
China sets schedule for becoming strong trading nation
China’s Ministry of Commerce on Monday determined to turn China into a “strong economic and trading nation in all respects” by 2050. In the past five years, China’s domestic consumption, foreign trade and investment all…
China closes more than 13,000 websites in past three years
China ushered in a tough cyber security law in June, following years of fierce debate around the controversial legislation that many foreign business groups fear will hit their ability to operate in the country. China…
Chinese brands earn youth’s trust
Today’s Chinese youth recognize major domestic brands better than well-known international brands, an AT Kearney report said.[Photo by Wang Haibin/for China Daily] Chinese millennials, or people born in the late ’80s and early ’90s, and…
