66 h. ago Moutai, China’s premier liquor brand, may find austerity rules hard to swallow

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

66 h. ago China’s top baijiu maker faces sobering reality as austerity trims profits

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

4 d. ago GoPro rival Insta360 eyes global expansion after strong Shanghai IPO

Insta360, the Chinese action camera maker challenging GoPro, surged 285 per cent in its trading debut on Shanghai’s Star Market after raising 1.9 billion yuan (US$264.5 million) in the city’s largest initial public offering (IPO) in 17 months. Max Richter, who co-founded the company with 34-year-old Chinese entrepreneur Liu Jingkang in 2015, said Insta360 is “committed to expanding [its] global presence and elevating brand influence to boost [its] market share worldwide”. He identified China,...

Politics

1 week ago China firm cons parents out of US$51,000 with fake elite brand kids fashion show

A Chinese company has been fined 600,000 yuan (US$83,000) by the government for faking children’s fashion shows and conning 367,000 yuan (US$51,000) out of desperate parents. A Shanghai company had been promoting a series of fashion shows under the name Paris Kids Fashion Week since 2020, according to the mainland media outlet Xinmin Evening News. The company branded the shows part of the world-famous Paris Fashion Week, and used images of famous tourist spots in France, such as The Louvre, on...

Economics

2 w. ago Uyghur Workers Are Moved to Factories Across China to Supply Global Brands

Uyghur Workers Are Moved to Factories Across China to Supply Global Brands  The New York Times

Economics

2 w. ago BYD tops Tesla as the ‘top choice’ for EV brands in China, and it’s not even close

BYD tops Tesla as the ‘top choice’ for EV brands in China, and it’s not even close  Electrek

Politics

2 w. ago Boot Barn targets 5% China sourcing share for exclusive brands

Boot Barn targets 5% China sourcing share for exclusive brands  Supply Chain Dive

Events

2 w. ago Tesla’s brand is losing its shine, lagging BYD, Xiaomi, UBS poll finds

Tesla’s brand has lost the lustre in its major markets due to the political engagements of its CEO Elon Musk, creating opportunities for Chinese rivals like BYD and Xiaomi to fill the void, according to a UBS survey. The number of electric vehicle (EV) buyers who pick Tesla as their top choice fell last year to 14 per cent in mainland China, down from 18 per cent in 2023 and nearly half of the 30 per cent peak in 2020 when the US carmaker began assembling its Model 3 in Shanghai, UBS said in a...

Politics

2 w. ago Tesla’s brand is losing its shine, lagging BYD and Xiaomi: UBS poll

Tesla’s brand has lost the lustre in its major markets due to the political engagements of its CEO Elon Musk, creating opportunities for Chinese rivals like BYD and Xiaomi to fill the void, according to a UBS survey. The number of electric vehicle (EV) buyers who pick Tesla as their top choice fell last year to 14 per cent in mainland China, down from 18 per cent in 2023 and nearly half of the 30 per cent peak in 2020 when the US carmaker began assembling its Model 3 in Shanghai, UBS said in a...

Politics

2 w. ago BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS

BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS  CnEVPost

Politics

3 w. ago Scientists discovered a brand new bacteria growing on China’s space station

Scientists discovered a brand new bacteria growing on China’s space station  Boy Genius Report

Politics

3 w. ago Tariffs have accelerated a trend in China: it's no longer about buying Apple, but Chinese brands.

Tariffs have accelerated a trend in China: it's no longer about buying Apple, but Chinese brands.  Farmingdale Observer

Economics

3 w. ago Labubu, Molly toys put spotlight on Hong Kong culture in Shenzhen festival

Camel, Red A also among 12 local brands being showcased at city’s booth at the China Shenzhen International Cultural Industries Fair.

Culture

3 w. ago 'It's just musical chairs': Brands are moving manufacturing out of China — but not back to the U.S.

'It's just musical chairs': Brands are moving manufacturing out of China — but not back to the U.S.  Modern Retail

Economics

3 w. ago Lifestyle brand celebrates anniversary with Beijing stadium event

Lifestyle brand celebrates anniversary with Beijing stadium event  China Daily

Politics

3 w. ago China’s Luxury Car Brand That’s Come From Behind to Overtake BMW

China’s Luxury Car Brand That’s Come From Behind to Overtake BMW  Bloomberg.com

Politics

last month For Luxury Brands, There Are No Replacements as China and the U.S. Falter

For Luxury Brands, There Are No Replacements as China and the U.S. Falter  WSJ

Politics