Customers must reportedly spend thousands on other HermEs products before earning the privilege to buy a bag, with dissatisfaction leading to the #HermEsgame tag on TikTok The practice, dubbed ‘pei …
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Tech firms look to India as China manufacturing alternative — if it can overcome challenges, expert says
India faces a challenge to improve infrastructure to continue handling the incredible demand for its manufacturing as the government continues to broker lucrative deals.
Two more China developers say they can’t meet debt obligations
Chinese developers’ unprecedented cash crunch has resulted in record bond defaults and missed payments. Read more at straitstimes.com.
Oppo chip design failure casts shade over Chinese brand firms’ chip pursuit
Oppo’s IC design team, Zeku, abruptly ceased operations, shocking the semiconductor industry. There are rumors that, with the exception of Oppo’s top executives, the Zeku team did not receive any …
Int’l winemakers tipsy on China market opportunities
Visitors taste wine during the International Conference on Grape and Wine Industries and the third China (Ningxia) International Wine Culture and Tourism Expo in Yinchuan, Ningxia Hui autonomous …
China’s biggest IPO in years poses $9bn question for Goldman Sachs and rivals
Goldman Sachs, JPMorgan and other western banks have spent months lobbying to work on one of China’s biggest-ever stock market listings. The planned $9bn Shanghai listing of Swiss agricultural …
VW eyes sales growth powered by US, China
“While most revenues are still generated in Europe, the growth engines of the future will be China and North America,” CEO Oliver Blume told reporters in a call ahead of an investor meeting. “We want…
China taking steps to shore up exports
BEIJING: Tech-intensive green products, supportive policy measures and private companies’ expansion in emerging markets will effectively drive the exports of China’s foreign trade powerhouses in the …
Growing wearables production in India bleeds China units
Top wearables brands such as Boat and Gizmore are making most products locally in key categories audio and smartwatch through electronics contract manufacturers such as Dixon Technologies and Optiemus …
Gloom Returns to China Markets as Stimulus Trade Fizzles Out
Losses in Chinese assets are mounting again as Beijing’s modest stimulus disheartens investors. The Hang Seng China Enterprises Index of Hong Kong-listed Chinese companies gauge slumped more than 6% …
China Refiners Stoke Petchem Glut in Market Share War as Demand Flags
China is relentlessly adding new petrochemical capacity despite a global glut as the country’s refiners diversify from transport fuels, threatening to depress margins worldwide through 2024 as weak …
Packages From China Are Surging Into US; Some Say $800 Duty-Free Limit Was Mistake
Currently, most imports valued at less than $800 enter duty-free into the United States as long as they’re packaged and addressed to individual buyers …
Shiseido plans comeback in China after double-edged online push
The company is now focused on rebuilding its brand in China, with help from an army of in-house beauty consultants. But the company faces an uphill battle as a slowing Chinese economy chills consumer …
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