“We don’t know if they’ll grow up to be successful but we do know that they are already a significant spending force that consumer brands must pivot towards.” China’s Generation Z landed in an unusual……
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Hyundai Is the Latest Car Manufacturer to Scale Back in China
South Korean Hyundai and affiliated Kia together were the third largest selling car brands in China in 2016. But sales were so low in 2018 that the companies’ joint ventures used only half their ……
Manny Pacquiao’s Anta apparel proves there’s money to be made for Chinese brands in the West despite trade war concerns
in addition to a major economic slowdown in China. Li-Ning, perhaps the biggest of the Chinese sportswear manufacturers, were reported to be preaching caution about this year when asked. “Our market i… ( read original…
Mastercard says plans to apply for China license to clear card payments
SHANGHAI (Reuters) – U.S. payments card company Mastercard Inc said on Friday it still plans to apply for a bankcard clearing license in China and was in “active discussions” to explore solutions. ( read original…
China confident of keeping 2019 growth within ‘appropriate range’
SHANGHAI (Reuters) – China is fully confident that it is capable of keeping its economic growth rate within an appropriate range in 2019 in spite of challenges, state news agency Xinhua reported … ( read…
With trade wars and slowing global economies, it may be a bad time to be an international brand
Amid a lack of tangible progress in trade talks between the U.S. and China, growing tensions around the world, as well as slowing economies, some on Wall Street are sounding the alarm that major inter……
China to step up economic stimulus in slowdown fight
BEIJING (Reuters) – China will take steps to spur growth amid a trade war with the United States, but there is limited room for aggressive stimulus in an economy already laden with massive debts and…
China May Change IPO Pricing After Scrapping Debut Trading Cap
China’s securities regulator may consider changes to the current pricing mechanism of initial public offerings after removing the first-day trading cap, according to a senior official. “I think the di… ( read original story …)
China Hard Landing Unlikely, May Consider IPO Changes, CSRC Vice Chair Says
“Bloomberg Markets” is focused on bringing you the most important global business and breaking markets news and information as it happens. The David Rubenstein Show: Peer-to-Peer Conversations” explor… ( read original story …)
Shanghai’s hotly anticipated tech board vital to China’s global financial ambitions, says top official
He did not reveal the names of the IPO candidates. The new board is a key pillar of a new action plan, unveiled at the briefing, to build the city into one of the world’s…
China Bloodbath Leaves Didi Chuxing In Pole Position But It Should Not Rush To IPO
The Mobike brand is about to disappear in yet another sign that while the sharing economy offers great deals to its users, earning a return from it is fiendishly difficult. This is a major global…
Hong Kong exchange head clarifies listing rules as IPO hopes dim for cryptocurrency giant Bitmain
Li did not comment specifically on the three IPO applications, but spoke broadly about the Hong … said Chun Yin Cheung, a partner in PwC China’s risk assurance practise. “Investors share some concer… ( read…
American Brands Shudder as China’s Consumers Tighten Their Belts
China has long been a magnet for U.S. brands eager to tap its massive population. Even as the heady days of double-digit economic growth ended this decade, the consumer story rolled on as tens of…
