Local designers have talent but don’t yet have much experience When evaporating profit margins prompted China’s Zhejiang Willing Foreign Trading Co. to launch its own brand for yoga wear last year, it spurned homegrown talent…
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China’s economy loses momentum amid clamp down on debt risks
China’s growth took a step back in April after a surprisingly strong start to the year, as factory output to investment to retail sales all tapered off as authorities clamped down on debt risks in…
China's industrial production slows down
Both fixed asset investment and retail sales were down 0.2% from the previous month, adding weight to the argument that growth in China has reached a peak as authorities take substantive measures to tighten lending…
China pledges more than $100 billion in Belt and Road projects
“China will endeavor to build a win-win business partnership with other countries participating in the Belt and Road Initiative,” President Xi Jinping said in his opening speech at a two-day forum on the plan. “These…
China growth slows amid lower demand globally
A host of fresh business figures from China have all confirmed one trend – the world’s second-largest economy is losing steam, although growth figures are still impressive by Western standards. China’s National Bureau of Statistics…
China's Xi appeals to foreign leaders for freer trade
China is promoting itself as a champion of free trade in response to pressure in the United States and Europe for restrictions on imports. That is despite complaints by its trading partners that China is…
China's Xi outlines plans for wide cooperation in trade plan
Xi spoke Monday as leaders of 30 nations wrapped up a two-day meeting to promote China’s “Belt and Road” initiative. It calls for expanding trade across Asia, Africa and Europe by investing in ports, railways…
PBOC sets up new committee to oversee China’s burgeoning fintech industry
China’s peer-to-peer lending industry once enjoyed breakneck growth and was touted as a financial innovation to quench the thirst for credit of individuals or small business. It helped them borrow from online investors as traditional…
Russia-China trade to hit $80bn by 2018
Chinese Premier Li Keqiang meets Russian President Vladimir Putin at the Great Hall of the People on in Beijing, China, May 14, 2017 © Etienne Oliveau / Reuters Trade between China and Russia is growing…
Will the “China dream” lift Chinese brands?
Chinese Brands Day, to be held on 10 May each year starting this year, approved by China’s state council, is a commercial rallying cry inspired by President Xi Jinping’s “China Dream.” It may presage a…
Chinese bloggers bridge the gap between brands and buyers
Surrounded by shelves heaving with Prada handbags and two dozen young female fans dressed head to toe in luxury brands, the man known in China as Mr Bags is in his element. “My first thought…
Nike’s Jordan Brand Welcomes First Chinese Brand Ambassador With an Ad he’s Not Actually in
China loves basketball. Since Yao Ming the country has become a prime target for the business and Nike, in a move to more firmly secure their two-decade long presence there, has welcomed Guo Ailun as…
Jordan Brand signs first Chinese basketball star for US$1.4mn a year
It is an honour to be the first Jordan Brand athlete in China and I am thrilled to bring my love of the game to the brand.” Back to Top. ( read original story …)
