Web sales will account for 13% of total luxury sales in China in 2021, up from 7% in 2016, according to Chinese consultancy CBN data. Luxury brands like Burberry and TAG Heuer have increased their…
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Huawei pips Apple to become top smartphone brand in China: Survey
BEIJING: In a setback for Apple that is trying to make deeper inroads into China, smartphone buyers in the country have chosen domestic brands over the iPhone maker with Huawei being their first choice, a…
Huawei beats Apple to become top smartphone brand in China
In a setback for Apple that is trying to make deeper inroads into China, smartphone buyers in the country have chosen domestic brands over the iPhone maker with Huawei being their first choice, a survey…
Why they love the Warriors in China — and it’s more than just Klay’s dancing
China has shown the most foreign NBA interest in terms of exhibition … Now that I’m doing it and my brand is growing rapidly, it’s a dream come true.” Many on the Warriors thought they…
More fintech firms seen to launch Hong Kong IPOs
The head of JP Morgan’s global investment banking division in China said more Chinese financial technology firms may follow Zhong An Online Property and Casualty Insurance’s lead in launching initial public offering (IPO) in Hong…
New force behind China’s shifting economic landscape
The success of Youon’s IPO was an epitome of quiet but ubiquitous changes to … At the exit of Anheqiao North subway station in the remote northwestern corner of Beijing, a bicycle jungle forms in…
China Steers Credit to Small Business With Targeted Reserve Cut
China took action to ensure credit reaches small business, rural borrowers and startups, a move tailored to shore up the economy as a vital political transition approaches. The People’s Bank of China announced late Saturday…
China oil giant enters Singapore petrol station business
Chinese oil giant Sinopec is muscling into the Singapore petrol station business, having outbid the incumbents for two sites recently. Observers said this could lead to more competitive petrol prices for consumers. It is the…
PT Expo China 2017 closes with 59,600 unique attendees recorded
Embassies and trading organizations passionately participated in “The Belt and Road Initiative” Trading Fair, a new series activity during the event that connects entities from outside China with Chinese companies for international business promoting. (…
Why China needs Asean and you
During the past decade, China has made studied and steady steps to enlarge its economic influence around the globe. We think of that in terms of issues, such as its military expansion in the South…
Thousands in Hong Kong participate in ‘anti-authoritarian rule’ march against China
Pro-democracy activists carry a banner reading “anti-authority, against suppression”, during a protest on China’s National Day in Hong Kong Thomson Reuters HONG KONG (Reuters) – Tens of thousands marched in China-ruled Hong Kong on Sunday…
U.S. IPO Weekly Recap: Roku Streams Ahead In Week Of 6 IPOs
In another strong week for IPOs, six companies combined to raise $1.2 billion … RYB Education, a provider of early childhood education in China, priced above the range at $18.50 and raised $144 million. It…
Western luxury brands angle for Asian exposure
Swarovski Eternal bracelet Entering China is only the first step, however. “Working in China can be a mystery for many brands,” says Lisa Tse, chief executive of her eponymous luxury branding agency, whose clients include…
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