Alongside dated preconceptions, the pandemic has hiked marketing costs in China. With the barriers to entry increasing, here’s what global HQ needs to know.
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The Logic of Livestreaming in China Is Changing
The days of the hard-sell livestreaming broadcast may be numbered in China as audiences crave lower-key content. Over the past five years, livestreaming e-commerce has emerged as one of China’s top …
Inside Didi Global’s $60 Bn Crash That Changed China Tech Forever- Blow-by-Blow Account
It was an unusually frigid December weekend when Cheng Wei summoned his inner circle to his Beijing office. The founder of Didi Global Inc., dressed entirely in black, told his lieutenants to slash …
Hong Kong’s 25 Years Under China: Business Appeal Suffers Amid Diminishing Freedoms
July 1st marks the halfway point of Beijing’s 50-year promise to maintain Hong Kong’s capitalist system and freedoms that had enabled it to become an economic powerhouse under colonial rule.
China’s Xi visits Hong Kong for first time since crackdown on pro-democracy protests
Chinese President Xi Jinping said Hong Kong had been “reborn of fire” as he arrived Thursday to mark the 25th anniversary of the city’s handover, in his first visit since the business hub’s …
China’s foreign investment for large projects up in first 5 months
In the first five months of 2022, China received 47.68 billion U.S. dollars in foreign capital for major foreign-funded projects each with a contracted investment of at least 100 million U.S. dollars, …
Top Indian firm pays for Russian coal in yuan and traders say more buyers could turn to China’s currency
“I have never heard any Indian entity paying in yuan for international trade in the last 25 years of my career,” a currency trader told Reuters.
Volkswagen CEO says German economy needs China – Spiegel
Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on Thursday.
British-based business leaders optimistic about future China-West cooperation
British-based business leaders have expressed their optimism about the future China-West cooperation despite uncertainties caused by COVID-19. Frederick Fisher, the UK managing director of French …
UK PM Johnson: Sometimes we need to challenge what China is up to
Britain and the West need to ensure it has balance in its dealings with China and is willing to stand up to Beijing where necessary, Prime Minister Boris Johnson said on Thursday.
China refunds 12.9 bln yuan of unemployment insurance in Jan.-May
China has refunded a total of 12.9 billion yuan (about 1.92 billion U.S. dollars) of unemployment insurance paid by enterprises in the first five months of 2022, in a bid to maintain employment …
China reports surplus in international goods trade in May
China reported a surplus in its international goods trade in May, data from the State Administration of Foreign Exchange showed on Thursday. Trade in goods exports came in at 1.8662 trillion yuan (278 …
Rubber groups aim to cut China reliance
As China cuts down on its purchase of rubber from Vietnam, the latter has witnessed a sharp decline in its rubber market share in China. China is the world’s largest rubber importer, Le Toan At…
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