As Chinese fashion labels shift from scale-driven growth to a focus on product excellence and brand building, a wave of new players is setting fresh benchmarks for design, retail innovation and global …
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Move over LVMH – Chinese shoppers want homegrown luxury brands
Consumers are losing interest in high-end products from Europe and the US, opting instead for domestically produced jewellery, handbags, clothing and cosmetics.
‘The next China is China’: Estée Lauder chief doubles down in the east
Estée Lauder’s new chief executive said he was “doubling down” on China as part of a new approach to doing business in the country that was the principal cause of the beauty group’s weak post-pandemic…
Why Chinese luxury brands outpace Louis Vuitton, Gucci at home
Chinese luxury labels are quickly catching up on home turf, beating global names like Louis Vuitton and Gucci as more shoppers turn to domestic brands with better prices.
Why German companies can’t quit China
For decades, China has been a critical economic partner for German business. That remains the case and German industry is reluctant to pivot away despite a changing economic and political relationship …
China’s Innovative Move: Electricity as the Future Global Currency
In a world constantly evolving with digital advancements and environmental consciousness, the concept of currency is undergoing a remarkable transformation.
Electricity is about to become the new base currency and China figured it out
As we accelerate into an all-electric, all-digital age, the ultimate representation of productive capacity becomes the kilowatt-hour (kWh).
AUDI E SUV Concept Is The Second Vehicle From Audi’s China Brand
The Audi E SUV is officially called the AUDI E SUV concept. The upper-case letters replace the Four Rings on the nose, thus separating these Chinese models from the German automak …
Tech company CTO and others indicted for exporting Nvidia chips to China
The indictment alleges a scheme to send Nvidia “GPUs to China by falsifying paperwork, creating fake contracts, and misleading US authorities,” John Eisenberg, assistant attorney general for the …
4 charged in scheme to export Nvidia AI chips to China
Justice Department officials allege that the four conspired to illegally export advanced Nvidia graphics processing units to China through Malaysia and Thailand.
China’s Moonshot AI Raising Fresh Funds That Could Value It at About $4 Billion
The Beijing-based AI startup is in talks with global investors, including investment firm IDG Capital, for the fundraise, which could total several hundred million dollars, some of the people said …
2 Americans, 2 Chinese arrested for illegally exporting Nvidia GPUs to China
Federal authorities have arrested four people, including two Chinese nationals, on accusations of scheming to illegally export cutting-edge Nvidia technology with artificial intelligence uses to …
China’s aerospace giants seek to boost arms sales abroad at global air shows
Fighter jets, drones and a performance by L-15 training jets among the Chinese tech displayed at this year’s Dubai Airshow.
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