Audit income dropped to only about 40 per cent of all business, down from 80 per cent in the early 1990s, Tsang told the South China Morning Post. In contrast, managing consulting and advisory services…
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Why China’s outbound investment has swung from feast to famine
China’s initiative to invest in strategic industries globally … Compared to New York, He said Hong Kong’s strength lies in its proximity to where Chinese companies are doing business, relatively lower communication cost and compliance…
Parcel delivery in China, a cutthroat business
SHANGHAI — As e-commerce explodes in China, a fierce price war has broken out among parcel delivery companies, stripping away profit margins and threatening a major industry shakeout. The more consumers prefer to shop online,…
China pollution controls hit iron ore prices
Demand for Australian iron ore is expected to fall sharply as China rolls out anti-pollution measures. The damage is compounded by risk averse investors as North Korean tensions simmer. The benchmark spot price tumbled 12…
Rise of China’s army of ‘personal shoppers’
And while it is often individuals doing the buying and selling, their collective buying force they can literally make or break a business. There is no estimate of the value of the “grey” market from…
China rust belt opens door wider to foreign investors
Elsewhere, companies are increasingly voicing frustration about investment barriers in sectors from automotive to finance, while China subsidises its own domestic businesses. The EU business chamber issued an annual report on Tuesday saying companies were…
How Chinese brands are beating Samsung, taking on Apple
What the 23-year-old bought instead was a Huawei Nova 2, a dual-camera smartphone unveiled this summer by China’s Huawei Technologies, priced at 2,899 yuan ($599) – about two-thirds that of the iPhone 6S. “I don’t…
Week In Review: Zai Lab Completes $150 Million U.S. IPO; Investors Push Valuation To $1.4 Billion
Zai Lab (Pending:ZLAB) raised $150 million in its US IPO after the company increased the size of the … Bellen, a CRO headquartered in Beijing, raised $38 million in a B funding. Founded in 2007,…
From cheap copycats to premium challengers: How Chinese brands are beating Samsung and taking on Apple
What the 23-year-old bought instead was a Huawei Nova 2, a dual-camera smartphone unveiled this summer by China’s Huawei Technologies, priced at 2,899 yuan (US$441) – about two-thirds that of the iPhone 6S. “I don’t…
3 Tips for Brands Marketing on Video-Streaming Platforms in China
Given that video-streaming has proven it has staying power, here are some best practices for brands marketing on video platforms in China. Skeptics have doubted the appeal of “old-school” video-streaming platforms to luxury brands and…
GNC China: The Next $1 Billion In Revenues
and GNC has significant brand equity already in China. GNC’s management has a renewed interest to find a local strategic partner. There appears to be plenty of options available. When performing a few basic calculations,…
With Nintendo’s help, Ubisoft grows Rabbids brand in Asia
Ubisoft’s animated TV series Rabbids Invasion, for one, recently surpassed one billion views in China alone based on aggregate views … Ubisoft Canada also recently integrated the brand into the popular interactive theme park space…
Nestle Aussie brands to be sold in China through e-commerce
Nestle is partnering with China e-commerce platforms, VIP.com, to offer its customers some of Australia’s best-known brands including Allen’s lollies and Uncle Tobys. The deal potentially opens the door to VIP.com’s customer base of more…
