Western skincare brands have introduced a new generation of tech-enabled devices that allow a hyper-personal approach to beauty and skin health. Now China’s leading photo editing company and … ( read original story …)
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China’s SDIC says receives government approval for London IPO
SHANGHAI (Reuters) – China’s state-backed energy firm SDIC Power Holdings (600886.SS) has received government approval to issue 10% of its share capital as Global Depositary Receipts (GDRs) on the … ( read original story …)
Volatility in China’s yuan due to escalating U.S. trade friction: PBOC official
YICHUN, China/ SHANGHAI (Reuters … caution retaliation could widen in scope and severity, weighing further on business confidence and global economic growth. The yuan CNY=CFXS lost 1.6% … ( read original story …)
Versace Loses Chinese Brand Ambassador Amid T-Shirt Controversy
Versace has just lost its brand ambassador in China. Chinese actress Yang Mi said she’ll end her cooperation with the luxury fashion label after a controversy erupted online over claims that its … ( read…
China’s soft market turns brutal for domestic brands
SHANGHAI — Chinese brands continue to lose market share at home, and the biggest domestic automaker — Geely Automobile Holdings — is not immune, with sales tumbling more than 20 percent for the … (…
Nova Scotia to build ‘100% China-friendly’ website, navigate censorship in bid to grow commerce
The decision is only the latest in a series of overtures by Premier Stephen McNeil’s provincial government to court business interests in China despite rising tensions between Canada and China. … ( read original story…
Bitcoin Safe Haven Sucking in Money From China, Says Blockchain Executive
Investors looking for an escape from yuan devaluation are flocking to Bitcoin as well as traditional fallbacks, says Chris Reinertsen. Speaking to Forbes in an interview on Aug. 8, Chris … ( read original story…
China Unicom teases new 5G Xiaomi phone, Samsung Galaxy A90 5G, and Huawei Mate 30 5G
The smartphone market globally has been on a decline, but analysts and other stakeholders in the phone business are banking on the rollout of 5G services to expand the market once again. 5G will ……
Chinese brands outperforming German premium car makers on e-mobility
[Photo by Zhang Dandan/China Daily] BERLIN – Chinese original equipment manufacturers (OEM) were becoming relevant competitors for top German players in the premium automobile segment, according to a … ( read original story …)
China to push to attract more high-tech manufacturers
BEIJING (Reuters) – China will push to attract more high-tech manufacturers to set up in the world’s No.2 economy, the nation’s commerce ministry said late on Friday, without giving further … ( read original story…
China’s Huawei to invest $800 million in new Brazil factory amid 5G push
Initially, handsets would be imported from China, but the world’s third-largest … trusts the company and the country needs its technology. Rivals noted that Huawei is under particular pressure … ( read original story …)
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
squeezed by a worsening U.S.-China trade war. Many Western carmakers were already struggling before the downturn, as Chinese consumers abandoned their mid-market brands for increasingly assertive … ( read original story …)
IPO Update: 9F Readies U.S. IPO Plan
9F and selling shareholders hope to sell $76 million of ADSs in a U.S. IPO. The firm operates a peer-to-peer online lending and financial services marketplace in China. JFU has a downward revenue … (…
