Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.
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Daguan · Keweiwei) The 9th China Brand Value Top 100” and “The World Brand Value Top 900” Rankings Officially Released at the CIFTIS
BEIJING, CHINA – Media OutReach Newswire – 13 September 2024 – At the invitation of China International Fair for Trade in Services (CIFTIS) in Beijing, “(Daguan · Keweiwei) The 9th China Brand Value …
U.S. firms say confidence in China has hit an all-time low
American companies in China are experiencing historically low optimism and poor profits amid geopolitical tensions and a slowing Chinese economy, surveys show.
Do we need more Chinese car brands to make EV ownership affordable – and are they REALLY that cheap?
Are cheap Chinese EVs only down to subsidies or is there more too it? And do we actually need cheap Chinese EVs to switch to electric? This is Money finds out.
China’s carrot-and-stick tactics on EU nations start to pay off
“China is still important, but business with China is hard and not growing as well as expected.” Ireland is the fifth most exposed EU producer in China’s dairy investigation and sixth worst off in its…
Senior US official praises China’s cooperation on export controls for technology transfers
End-use checks’ have improved since the pandemic, but pending congressional legislation is keeping mainland firms in limbo.
China’s Midea to Raise Nearly $4.0 Billion via Hong Kong Listing
Chinese appliance maker Midea has priced its initial public offering at the top end of the guided range in what could be Hong Kong’s biggest listing this year.
Sam’s Club, Lululemon Among Brands Defying China Consumption Dip
Amid anemic consumer demand in China, some brands are still seeing double-digit sales growth in signs that it’s not all gloom and doom in the world’s no. 2 economy.
Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation
Nvidia’s China-based rival Biren hires an investment bank to prep for an IPO at a $2.19 billion valuation while being blacklisted by the U.S. government.
China’s business climate floundering, India a key de-risking alternate for USA Inc, says this report
It is increasingly getting riskier to do business in China, according to a report by American Chamber of Commerce in Shanghai.
Kantar ranks China’s most valuable brands
The total value of the 2024 Kantar BrandZ Top 100 Most Valuable Chinese Brands Ranking falls by 4 percent this year, a welcome leveling-off since the previous two years saw double-digit percentage …
China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
A new type of cryptocurrency scam is rising in China, with locals losing money to a scheme known … The term “point running” refers to the practice of moving crypto through various accounts. Often …
China Will ‘Crush’ Foreign Incursions in Its Territory, Says Military Official – TaiwanPlus News
A Chinese military official says China will “crush” any foreign incursions into its territory, including in the South China Sea. Lieutenant General He Lei was speaking on the sidelines of the annual …
