After a recent downturn, the China luxury market is stabilizing, but growth remains elusive. To return to growth, luxury must align with changing consumer psychology.
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China and U.S. Business Communities Strengthen Ties, Explore New Opportunities for Supply Chain Cooperation
U.S. Economic and Trade Cooperation Forum and the 5th China International Supply Chain Expo (CISCE) Roadshow was held in Chicago. More than 180 business and government representatives from both …
China’s Unitree Robotics kicks off STAR Market IPO pricing; valuation may top 109b yuan
Chinese robot maker Unitree Robotics began preliminary price inquiries on Wednesday for its planned IPO on the Shanghai Stock Exchange’s STAR Market. Investment banks estimate its post-listing …
China slaps export controls on US firms ahead of Xi’s Washington visit
Beijing has announced sweeping trade curbs against the United States, including export controls on drones and a ban on dealings with six American entities, in retaliation for recent US restrictions on …
China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say
The start-up joins a growing list of domestic robot makers in China raising capital Chinese start-up X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, …
China announces countermeasures against Washington, including controls on drone exports to the US
China has announced a series of economic measures against the United States, including export controls on drones and a ban on trade with six American entities …
Amid slowing hotpot growth in China, Haidilao takes on biggest American burger brands
As burger outlets crowd the domestic market, Haidilao attempts to expand amid declining demand for hotpot China’s largest hotpot chain Haidilao International Holding is aiming to further diversify its …
China Eases Fuel Export Curbs as Global Supply Crunch Deepens
China has authorized refiners to export 2.7 million metric tons of gasoline, diesel, and jet fuel in August as ample domestic inventories ease supply concerns.
China’s Fuel Exports Surge as Beijing Eases Restrictions, Pressuring Asian Refiners
Chinese refiners exported close to 3 million metric tons of gasoline, diesel, and jet fuel in July after Beijing lifted restrictions imposed during the Iran war.
China eases controls on fuel exports for a second month, sources say
SINGAPORE, Aug 5 (Reuters) – China has eased limits on refined fuel exports for a second month in August, giving refiners temporary approval to ship 2.7 million metric tons to destinations excluding …
GM, SAIC extend China JV to 2047 to shift focus to local market and exports
China joint venture to 2047, shifting vehicle development to China and boosting Buick/Cadillac sales and exports—read more.
The New Rules for Independent Brands Selling in China
China’s fashion market remains fertile ground for independent brands looking to expand overseas. But as the market has grown and globalized, with more Western brands moving in to stake a claim and …
China cut its oil imports in half. No one knows why.
When Iran shut down the Strait of Hormuz five months ago, experts predicted oil could spike to $150 or $200 a barrel. It has barely topped $100. According to Rogé Karma, writing in The Atlantic,…