Soft power by nature is difficult to measure. In the case of the ambitious OBOR initiative, China’s neighbors and partners have so far responded by taking a cautious approach [PDF]. Many business and government leaders…
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Audi says resolves dispute with dealers in China
BEIJING Audi (NSUG.DE), a unit of Volkswagen (VOWG_p.DE), said on Saturday it had struck a deal with its dealers in China, effectively resolving a dispute that could have disrupted the luxury carmaker’s business in the…
China ended its one-child policy and became a 'demographic time bomb' anyway
tells Business Insider. “It’s not like you wake up one day and suddenly the world’s full of old people dependent on workers having to work harder and harder.” That especially makes sense in a country…
China's Xi says he's ready to bury the hatchet with South Korea over US missile defenses
China “is committed to resolving any issues through dialogue and coordination, which is in the fundamental interests of both countries and the region,” Xi was quoted as saying by China’s official Xinhua News Agency. Earlier…
Brands Day offers a chance to shine
Transitional economies such as China, tackling the challenges of moving from a producer of commodity products to an environment of investment in high-quality, premium branded goods and services, need to produce competitive domestic brands, but…
The Aussie brands conquering the wallets of Chinese millennials
China became Australia’s biggest wine export market in 2016 … Penfolds, Rawsons Retreat and Wolf Blass don’t compete on price and are positioned as premium brands, he says. The FTA was the “icing on the…
Wexner: L Brands does not envision mass store closings, China increasingly important
Many big-name retailers have closed stores en masse. Columbus-based L Brands is not averse to pruning, its leaders say, but no large-scale closings are envisioned. The company’s founder, chairman and CEO, Leslie H. Wexner, and…
China's Norinco and Saudi Aramco line up $10 billion refinery plan
BEIJING Chinese defense conglomerate China North Industries Group Corp (Norinco) has signed a framework agreement with state-run oil company Saudi Aramco [IPO-ARMO.SE] to build a refinery and chemicals complex in northeast China, industry and government…
China Rapid Finance’s U.S. IPO Has Been Less Than Stellar
Chinese marketplace lenders do not enjoy a stellar reputation in the world market, but the sheer size of the market renders it virtually impossible to ignore them. According to one report, there are 2,000 active…
China’s Strength and Its Shopping Lift Alibaba’s Results
But there are challenges. The results show Alibaba has a long way to go before it can diversify its business amid expectations that even China’s online sales boom has its limits. And Alibaba is increasingly…
China’s COMAC eyes investment in Bombardier
Bombardier Inc. has held talks with Chinese state-owned aerospace manufacturer Comac about a deal that could inject new life into its passenger jet business, according to … by Boeing Co. In a bid to cut…
China's Lenovo announces restructuring to focus on consumer
HONG KONG Lenovo Group Ltd announced a plan to restructure its China business to cope with the changing personal computer (PC) industry. Lenovo will be reorganized into two divisions, a consumer-focused division of PC and…
IPO Looks Bright For Chinese Education Company Bright Scholar
Growing education sector in China and improving revenue makes us bullish on this IPO. We recommend a modest allocation. Overview Bright Scholar Education (Pending:BEDU) has filed for a $200 million IPO in the U.S. The…