73% of Chinese enterprise employees believe that blockchain is a top-five strategic priority, Big Four audit firm Deloitte found. China is the biggest believer globally that blockchain is a top … ( read original story…
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China June factory activity unexpectedly shrinks as trade war weighs: Caixin PMI
BEIJING, July 1 (Reuters) – China’s factory activity unexpectedly shrank in June as domestic and export demand faltered, a private sector business survey showed on Monday, pointing to further strains … ( read original story…
Canton Fair Highlights Chinese R&D Capability with Self-owned Brands
GUANGZHOU, China, July 1, 2019 /CNW/ — The China Import and Export Fair (Canton Fair or “the Fair”) has seen a significant trade opportunity for self-owned brands. The Fair’s Brand Zone has achieved … (…
Why Many in China Oppose Hong Kong’s Protests
Independent polling isn’t allowed in China, so judging public attitudes toward Hong Kong … “Over the past 40 years we’ve only talked about business in the mainland, nothing else,” Zhao Jianfei, a … ( read…
XCMG Ranks 65th in World Brand Lab’s 2019 China’s 500 Most Valuable Brands with 71.365 Billion Value
BEIJING, July 1, 2019 /CNW/ — XCMG, a leading Chinese construction machinery manufacturer with a brand value of 71.365 billion yuan (USD 10.3775 billion), has ranked 65th in the 2019 edition of China … (…
Nigeria-China currency swap: Manufacturers groan over Renminbi access
Almost 70 per cent of Nigeria’s imports come from China and other Asian countries, while a paltry 12 per cent comes from the United States of America. This must have, no doubt, influenced the decision…
Brewers move upmarket in China as thirst for beer wanes
China Resources Beer has formed an alliance with Netherlands-based Heineken, the world’s second-biggest brewer, and has started selling Heineken brand products exclusively. Tsingtao Brewery has … ( read original story …)
Apple is reportedly working on a special version of iPhone for China
Apple has been one of the leading smartphone brands in China when it comes to premium segment but it has been losing users in China from quite some time. Now, as per the reports, the…
Japan big manufacturers’ mood hits near 3-year low as trade war bites
Japanese big manufacturers’ business confidence worsened to a nearly three-year low in the quarter to June, a central bank survey showed, in yet another sign of the growing economic toll exerted by … ( read…
Asian shares rise on hopes for US-China trade negotiations
with the main index for major manufacturers fell to 7 in June from 12 in the previous quarterly survey in March. Meanwhile, another indicator, the purchasing managers’ index (PMI) for China’s … ( read original…
Japanese manufacturers show weakening confidence in economy
TOKYO — A closely watched quarterly survey by Japan’s central bank released Monday showed declining confidence in the economic outlook among major manufacturers as trade tensions between the U.S. and … ( read original story…
Lincoln sharpens brand image by launching first nationwide test journey
Mao Jingbo, president of Lincoln China, said: “The journey will provide an unprecedented customer experience. It is a strategic move to build Lincoln into a modern American luxury brand that is unique … ( read…
Japan big manufacturers’ mood hits near three-year low – BOJ tankan
in yet another sign of the growing economic toll exerted by slowing global demand and the bitter U.S.-China trade war. Big non-manufacturers’ business sentiment improved slightly from three months ago … ( read original story…
