C-pop stars have taken over luxury campaigns thanks to young China’s surging purchasing power. But how can brands avoid the pitfalls of these fan economies?
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H&M: Fashion giant sees China sales slump after Xinjiang boycott
Swedish fashion giant H&M saw its sales slump in China, months after it became the target of a Chinese boycott. H&M was among several brands that raised concerns over alleged human rights abuses …
China’s economy may grow 7% this year, professor says
Despite the market predicting that China’s economic growth may reach 8.5% this year, Michael Pettis, a finance professor at Peking University explains why he thinks “they’re wrong.” …
U.S. toymaker doubles down in China despite rising costs, political tensions
But Ryan Gunnigle, the chief executive of Kids2, is swimming against that tide. The Atlanta-based maker of toys and infant products recently opened the first phase of a factory on the banks of the …
Asia crypto sector stays confident despite China regulatory curbs
And in late June the U.K. barred Binance, the world’s largest cryptocurrency exchange by trading volume, from offering regulated services, including trading crypto derivatives. Meanwhile, in South …
China’s Crypto Mining Ban Is Great News for Marathon Digital
MARA stock has risen in price while Bitcoin has plummeted, because Marathon Digital can still make tons of money even at its reduced price.More From InvestorPlace Stock Prodigy Who Found NIO at $2… …
America is losing out to China in the development of blockchain technology
OUTSIDE THE BOX The casual observer of the world of bitcoin could be forgiven for thinking that China is hostile to the development of blockchain. Just last month there were headlines …
Why the timing of China’s crypto crackdown may not be an accident
CNBC’s “Power Lunch” team discusses China’s cryptocurrency crackdown with Emily Parker of Coindesk. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more …
Exclusive-ChemChina seeking $10 billion in Syngenta IPO, likely world’s biggest float of 2021
ZURICH/HONG KONG (Reuters) -ChemChina is aiming to raise around $10 billion from a Shanghai IPO for Swiss agrichemical giant Syngenta Group, in what is set to be the world’s largest flotation this …
China’s 1-cent masks giving tough challenge to US manufacturers
Washington: Cheap import of masks from China is blamed by US manufacturers of Premium-PPE as the reason behind the plunge of mask production.
Exclusive | Electronics imports from China again rise in FY21despite govt efforts
Import of Chinese electronics items including mobile phones have risen in 2020-21 despite higher duties and incentives for local manufacture, but they are still lower than imports in 2018-19 and the p …
Investor Kyle Bass blasts U.S. companies for cozying up to China in the name of profits
“They are social justice warriors where they see fit until it affects their wallet,” hedge fund manager Kyle Bass told CNBC.
US ban on Xinjiang solar products over forced labour claims is baseless, China solar association says
The China Photovoltaic Industry Association says it has recently inspected Xinjiang solar production facilities and US assertions about forced labour have no factual basis.
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