Sponsored by the Ministry of Commerce of the People’s Republic of China (MOFCOM) and organized by the Foreign Trade Bureau of MOFCOM and co-organized by China National Machinery Industry International … ( read original story…
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GM Q2 deliveries reach 858,344 units in China
In the first half of 2018, GM deliveries in China grew 4.4% on an annual basis to 1,844,396 units. Out of all brands, the Cadillac and Baojun brands achieved record deliveries for the second quarter,…
China and its influence at the World Cup in Russia
The fans aren’t China’s only show of force in Russia. Chinese brands such as mobile phone manufacturer VIVO, real estate giant Wanda and dairy company Mengniu are among FIFA’s top 2018 sponsors, accou… ( read…
Op-Ed | 10 Must-Know Buyers in China’s Emerging Megacities
This is the case for many young multi-brand boutiques across the country. Chongqing is just one in a newly crowned group of cities that the Shanghai Media Group coined in China’s “15 New First Tier…
Top 10 most valuable food brands
The consultancy said due to rising affluence and improved accessibility of products in China’s lower tier cities, the country will surpass the US as the world’s largest market for dairy products by 2022. Let’s look…
Xi Faces Hurdles Bashing U.S. Brands in a Trump Trade War
As a trade war looms, one of Chinese President Xi Jinping’s biggest weapons could be boycotts of American brands by his country’s legion of consumers. But Xi would also be risking collateral damage at home:…
WeChat and supplements: Seven tips for a successful strategy to boost trade in China
With one billion users and accounting for 35% of Chinese consumers’ time spent on mobile devices, supplement brands trying to break into China can ill-afford to ignore WeChat…but how do they start to shape a…
Exclusive: China presses Europe for anti-U.S. alliance on trade
BRUSSELS/BERLIN (Reuters) – China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump’s trade policies at a summit later this month but is facing resistance, European officials…
Trump moves to block China Mobile’s U.S. entry on security concerns
The impact of the ruling on China Mobile’s business is “very tiny”, said Ramakrishna Maruvada, a Singapore-based analyst with Daiwa Securities. “This doesn’t move the needle.” China Mobile Communications Corp, a state-controlled firm … (…
Did the IPO Market Seem White-Hot Over the Last 6 Months? You’re Right, It Was
The Hong Kong IPO of the Beijing-based smartphone manufacturer was expected to be the world’s biggest debut since 2014. It was forecast to raise $10 billion and give the company a value of up to…
Retail investors shun Xiaomi IPO
[Photo/China Daily] Although subscribed by Chinese magnates such as Li Ka-shing, Jack Ma Yun, Pony Ma Huateng and Cai Wensheng, Xiaomi’s blockbuster IPO was given the cold shoulder by retail investors. The Beijing-based company managed…
China’s Xiaomi prices Hong Kong IPO at bottom of range: sources
Xiaomi did not immediately respond to a request for comment on the IPO pricing. The people declined to be identified as the information was not public. The Beijing-based, Cayman-domiciled company, which also makes internet-connected devices,…
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
Several Chinese IPO candidates preparing to float in Hong Kong and New York … casting doubt on government efforts to lure foreign-listed Chinese tech giants back home. Beijing-based, Cayman-domiciled Xiaomi is due to start trading…