China already has the largest automotive sector in the world … Earlier this year, Geely agreed to buy 49.9pc of Malaysian car business Proton and 51pc of Lotus, which was owned by Proton. In 2013…
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China bourses behind Asia’s lead in global IPO boom
Louis Lau, partner at KPMG China, said Beijing’s drive to defuse financial risk will continue to support the mainland IPO market. “Deleveraging and supply-side reforms will cause [bank] lending to decline,” Lau said. “That will…
Yum! Brands, Inc. Stock Will Continue to Deliver as India Stores Double
The last time I checked on with Yum! Brands, Inc. (NYSE:YUM), the company had cashed out its China investments through a spin-off called Yum! China Holdings Inc (NYSE:YUMC), and presumably focusing more on the U.S.…
China urges cooperation after US brands it a competitor
Cooperation between China and the United States will lead to a win-win outcome for both sides, but confrontation will result in mutual losses, China said on Tuesday, after the United States branded it a competitor…
What China is doing to create a tech edge over the US
Nor does it just assemble devices for Apple, or make clothes for Nike. China manufactures over 70 percent of all smartphones. Chinese brands accounting for half of the world’s market share. China also produces 80…
Volkswagen’s Spanish Unit to Sell Electric Cars in China Under New Name
Seat SA, the Spanish subsidiary of Volkswagen AG, will sell its China-made electric cars (EVs) under a different brand name in the country, sources familiar with the matter told Caixin. The official establishment of Volkswagen’s…
Apple is Morgan Stanley’s top tech pick for 2018 because iPhone X is a hit in China
Apple’s iPhone X is not only pushing existing customers in China to adopt the new luxury phone, but is even causing people to switch away from different brands, according to Morgan Stanley. The combination of…
5 exciting brands opening stores in Toronto next year
This popular, China-based, self-described “Japanese lifestyle brand” will expand into Toronto this year after a successful October launch in Pickering. Often described as a competitor to Dollarama, you’ll find everything from cosmetics to electronics ……
China to forge international consumption hubs
Large-scale e-commerce platforms will be encouraged to cooperate with international brands, and premium commodities and services will be introduced to satisfy mid- to high-end consumer demands. This is part of China’s consumption upgrading program to…
ANTA Unveils PyeongChang 2018 Award Ceremony Outfit for the China Winter Olympic Team
Zheng Jie, Executive Director of ANTA Sports and ANTA Brand President, said, “China’s winter sports are still in the preliminary stage, so ANTA Sports wants to leverage its own strength to encourage more people to…
China steering economy through mountain of debt
China’s leadership has made “preventing financial risk an economic priority” for the next three years as President Xi Jinping tries to steer the economy through perilous territory, with a “mountain of debt” and an increasingly…
China’s Shanghai to battle ‘big city disease’ by limiting population to 25m
China’s financial hub of Shanghai will limit its population to 25 million people by 2035 as part of a quest to manage “big city disease”, the cabinet has said. The State Council said on its…
China to overtake US economy by 2032 as Asian might builds: report
The report by the Centre for Economics and Business Research in London sees India leapfrogging … In 2032, three of the four largest economies will be Asian – China, India and Japan – and, by…
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