GUANGZHOU — Black-market televisions are undermining Chinese TV sales, pulling down prices and increasing the chances of a shakeout among the numerous brands competing in the country. By value … ( read original story …)
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China’s Megvii Might Postpone IPO
Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. The company was planning to launch … ( read…
Why Chinese Brands are Winning the Streetwear Game
However, a new fashion trend has emerged from China that’s starting to steal the limelight: domestic streetwear brands. In 2018, market research company Nielsen reported that Chinese consumer spending … ( read original story …)
Manufacturers Are Considering Leaving China. But It Isn’t All Because of the Trade War
Tariffs are Washington’s weapon of choice in its trade war against Beijing. The U.S. has levied 25% fees on up to $250 billion worth of goods imported from China, forcing manufacturers to either … (…
China Focus: Yili, Mengniu, Nestle China, government food safety plans and more feature in our round-up
New products from these brands were also launched on the platform. Facing both opportunities and challenges from China’s new retail scene, Nestlé China said participating in LST Super Brand Day not … ( read original…
Great Wall Motors’ Tula factory in Russia starts production, setting Chinese auto brands on a new journey to global markets
rolled off production lines and is now available in markets outside of China. This signifies that the automaker has entered a new stage with its global strategy but more importantly sets Chinese auto … (…
China Issues 5G Licenses as Race to Build Networks Heats Up
(Bloomberg) — China approved four operating licenses for 5G networks, setting the stage for the super-fast telecommunications system amid simmering tensions with the U.S. over technology and trade. … ( read original story …)
Mulroney urges government to send Chretien to China to win release of detainees
Desmarais is also the honorary chairman of the Canada-China Business Council. Desmarais “is held in extremely high regard by the Chinese and probably knows more about China than any other living … ( read original…
The Italian Agency That Brings Luxury To and From China
And there is, in fact, a special historical connection between Italy and Xi’an, a large city in central China: They lay on opposite ends of the ancient trade route the Silk Road. The Fashion Town…
Tesla: Why China Poses High Risks
While Tesla is a coveted brand in China, its prices are more than double than top-selling models like the BYD Yuan due to 15% import duties and 17% value-added tax. This is why, a Model…
Volvo’s Premium Electric Sub-Brand, Polestar, is U.S.-Bound With a Tesla Competitor
When is a Volvo not a Volvo? Polestar is a Volvo sub-brand that produces high-end electric performance cars with Volvo underpinnings. Its first widely available model is the made-in-China Polestar 2 … ( read original…
IPO Roundup: Chinese tutoring company GSX Techedu makes its debut; Peloton confidentially files for IPO
The Beijing-based company started hot … announced Wednesday that it had confidentially filed with the SEC for an IPO. The number of shares and price range have yet to be determined. Founded in 2012 ……
Donald Trump threatens to hit China with $300bn more tariffs after Beijing brands America ‘evil’
DONALD Trump threatened to hit China with tariffs on “at least” another $300bn worth of goods today – as a Beijing propaganda campaign painted the US as evil bullies. Tensions between the world’s two ……
