Jiangsu province

New Business

Foreign brands in China are losing market share to domestic rivals, year after year

The world’s largest jewellery company by volume is facing a wave of store closures across China – a move that…

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New Business

China expands regulatory arsenal in fight against solar industry price wars

Beijing has signalled stronger action against price wars, convening a high-level symposium of enterprises and regulators – including many left…

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New Business

Would you like a handbag with that latte? Luxury brands in China think so

International fashion and luxury groups are opening coffee shops in major Chinese cities, entering an intensely competitive space in a…

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New Business

China’s luxury hotels sell street food to survive tough business climate

Catering at luxury hotels typically involves high-end banquets and formal entertainment, with exquisite decor and masterfully crafted dishes often seen…

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New Business

Is China’s massive trade-in programme running out of steam?

For months, consumers across China buying everything from iPhones to cars and washing machines have enjoyed steep discounts – courtesy…

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New Business

Local governments halt some subsidies on purchases ahead of China’s 618 shopping festival

With e-commerce platforms gearing up for one of China’s biggest shopping festivals of the year, some local governments have suddenly…

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New Business

Jiangsu Hengrui makes solid Hong Kong trading debut as shares jump 29%

Jiangsu Hengrui Pharmaceuticals, one of China’s largest drug makers, began trading on the Hong Kong stock exchange on Friday, marking…

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New Business

China directs state bodies to buy more home-made EVs for official use

China’s central government has directed state institutions and ministries to purchase more domestic electric vehicles (EVs), in the latest effort…

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New Business

Trump tariffs: Chinese chip firms shrug off trade war, as US already cut them off

A number of listed Chinese semiconductor companies have reassured investors that they are largely unaffected by China’s increased import tariffs,…

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New Business

Wary of ‘vicious’ events, China makes migrant worker arrears a priority

As the year winds down, Beijing is stepping up efforts to tackle delayed payments for migrant workers and protect the…

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