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International brand acquisition by Chinese companies

International brand acquisition by Chinese companies
In recent years, Chinese investors have significantly increased their foreign investment activities especially in the form of cross-border mergers and acquisitions (M&As). Chinese companies now own part or all of a number of international companies that might not be immediately apparent. Whether you’re going to the movies, washing your clothes or going for a drive there’s a good chance you're trading with a Chinese company.    For many Chinese firms, ...

Case Study: Uniqlo’s Success in China

Case Study: Uniqlo’s Success in China
Uniqlo can teach luxury brands a thing or two. Not only did the Japanese casualwear company overcome strong headwinds from the closing of operations in Russia and the weakening of Japan’s currency, but it also outclassed more established rivals and local players.    The reactive risk management approach embraced by most retailers has forced many of them out of business during the pandemic. But in a market that has brought Everlane, Selected, and Urban Outfitters to the ...

Inflationary trends in the shipbuilding sector push newbuild cost up, whils orders are down.

Inflationary trends in the shipbuilding sector push newbuild cost up, whils orders are down.
Affected by the covid-pandemic domestically, the major shipbuilding indexes of Chinese shipyards showed clear decline during January-April 2022.   According to the statistics released by China Association of the National Shipbuilding Industry (CANSI), the newly received shipbuilding order volume for Chinese yards was 15.39m dwt, down 44.8% year-on-year. Shipbuilding output was down 8.6% at 11.71m dwt. Orders on hand were 102.47m dwt as the end of April, an ...

Chinese LGBTQ Apps

Chinese LGBTQ Apps
With one of the world’s largest LGBTQ populations, China has many social apps to meet the varying needs of the community. Homosexuality is legal in the country, but LGBTQ people have no access to many legal rights such as marriage and discrimination protection. However, those social apps often provide a much-needed space for the community.     Blued Launched in 2012, Blued is a dating app primarily for gay users. The app is available in 13 languages with o ...

Shanghai Faces Long Road to Recovery as Lockdown Lifts

Shanghai Faces Long Road to Recovery as Lockdown Lifts
Shanghai faces weeks, if not months, of slow recovery until economic activity can fully bounce back from the crippling Covid lockdown that began in March. Based on the experiences of other Chinese cities like Wuhan in 2020 and Jilin earlier this year, it will take time for shops to reopen or factories to secure supplies and ramp up production. Labor shortages could emerge and the knock to business and consumer confidence will likely linger. Even though the majority of Shanghai’s 25 mill ...

China’s latest mega hydro-engineering project: Red Flag River.

China’s latest mega hydro-engineering project: Red Flag River.
The Red Flag River is a means to expand China’s domestic water security networks. In recent months, China’s Red Flag River Water Diversion Project Proposal (Red Flag River), an astonishing new inter-basin water diversion proposal, has gained much attention on social media in China and also in the downstream countries, especially in India. Named after the famous Red Flag Canal, the proposal aims to annually divert 60 billion cubic meters of water from t ...

Future Global Policeman? The Growing Extraterritorial Reach of PRC Law Enforcement

Future Global Policeman? The Growing Extraterritorial Reach of PRC Law Enforcement
The recently signed security agreement between the Solomon Islands and the People’s Republic of China (PRC), along with the support of Chinese police to the Solomon Islands government to suppress social unrest in November 2021, highlight the increasing international deployment of PRC law enforcement (China Daily, April 2). This deployment follows several decades of expanding PRC international law enforcement activity, which is intended for extraterritorial enforcement action, seeking th ...

The rise of C-beauty: How Chinese consumers are driving beauty innovation

The rise of C-beauty: How Chinese consumers are driving beauty innovation
China’s beauty industry has undergone years of rapid growth and even managed to rebound strongly from the pandemic. It’s now the second largest beauty market in the world – after the US – and the fastest growing. Younger and savvier Chinese consumers are pushing beauty brands to innovate and show a willingness to embrace domestic brands over foreign competitors. C-beauty has attracted increasing buzz over social media – but what is it, and what do marketers need  ...

28 Most Innovative Robotics Startups in Asia

28 Most Innovative Robotics Startups in Asia
Asia is the world’s fastest-growing market for robotics solutions, and for good reason. As the region’s quickly-growing countries industrialize and begin making more goods than ever, robots help them do so at a comparatively lower cost than doing so with human capital. The region has long been seen as an innovator in the consumer robots space as well. China is now arguably the global leader in the industrial robotics space, while Japan has long been the perennial home of consumer- ...

All the best China Podcasts for 2022

All the best China Podcasts for 2022
Simply a list of the best China related podcast's currently running: topics include: tech, internal politics, engagements with other Asian neighbors, foreign policy in general, the Belt and Road Initiative, culture, economics, current trending affairs on social media, society, history and food:     ChinaTalk A weekly conversation exploring China's economy and tech scene. Guests include a wide range of policy analysts, business professionals, journa ...

Development of China’s logistics industry

Development of China’s logistics industry
The COVID-19 pandemic has only accelerated development of China’s logistics industry, which was already moving at breakneck speed. For decades, the country has been a crucial node in the supply chain of companies around the globe. And while many customers in other countries only awakened to the convenience of online shopping and delivery during the pandemic, millions of drivers have long been zipping through Chinese cities to deliver parcels of all sizes.   How has the Chin ...

Can the yuan be a key world reserve currency?

Can the yuan be a key world reserve currency?
The yuan, or renminbi, China’s currency unit, has been touted as a contender to become a key world reserve currency on par with the greenback and surpassing the euro, yen and British pound. But is this feasible?   Given that China is the biggest trading nation, with around 125 countries counting it as their biggest trade partner, the answer is probably yes.     China’s trade was valued at around US$6 trillion in 2021, according to the countr ...

Development of the semiconductor industry 2022

Development of the semiconductor industry 2022
The Fifth Session of the 13th National People’s Congress and the Fifth Session of the 13th National Committee of the Chinese People’s Political Consultative Conference (the “Two Sessions”) were held in Beijing as scheduled. From the “Government Work Report” to the proposals of representatives from all walks of life, the semiconductor industry is one of the most important technology topics.     To keep you updated on the key developmen ...

Why have Chinese foreign listed shares performed poorly in 2022?

Why have Chinese foreign listed shares performed poorly in 2022?
Shares in Alibaba  (NYSE:BABA), NIO (NYSE:NIO), and XPeng (NYSE:XPENG) were surging yesterday. The jump at the market open was the largest that shares in these Chinese companies have seen since 2008. The catalyst for the move is an announcement from the Chinese government that it intends to do four things:    Support overseas stock listings Stabilise capital markets Resolve risks around property developers Speed up the process of reg ...

Crisis in China’s Property Industry Deepens.

Crisis in China’s Property Industry Deepens.
Almost exactly a year after China’s property-market debt squeeze sparked the first in a wave of defaults by developers, the industry is fighting for survival. Home sales continue to plunge and elevated borrowing costs mean offshore refinancing is off the table for many developers. Global agencies are pulling their ratings on property bonds, while a string of auditor resignations is adding to doubts over financial transparency only weeks before earnings season. An 81% stock plunge in Zhe ...

Pakistan becoming increasingly reliant on Chinese cash.

Pakistan becoming increasingly reliant on Chinese cash.
Pakistani Prime Minister Imran Khan is visiting China this week to attend the opening ceremony of the Winter Olympics and meet with Chinese leaders.   A spokesman for Pakistan's Foreign Ministry told media last Friday that Khan's visit would reinforce the all-weather strategic cooperative partnership between the two countries, in addition to advancing the objective of building a closer China-Pakistan bond with a shared future. Khan's trip is his first in nea ...

China Nears Fully Cashless Economy

China Nears Fully Cashless Economy
China has taken two steps closer to a fully cashless economy after two small private Chinese banks announced last month that they would end services related to bank notes and coins, according to a South China Morning Post report Friday (Feb. 4). Beijing-based Zhongguancun Bank will end cash services, including over-the-counter deposits and withdrawals and cash services on ATM machines, in April, while NewUp Bank of Liaoning will end its cash services in March, the report says.    ...

China business outlook 2022: towards domestic consumption for sustainable economic growth.

China business outlook 2022: towards domestic consumption for sustainable economic growth.
Exports will continue to drive China’s economy for the rest of the year as the domestic market remains sluggish, according to analysts.   Chinese leaders have indicated for many years that they want to move away from exports as the main source of growth and toward domestic consumption for sustainable economic growth, said Mattie Bekink, China director at the Economist Intelligence Corporate Network.    “But that’s certainly not what’s hap ...

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