UK-based Aquascutum acquired by a Hong Kong firm
Tweet One of the top British luxury apparel brands, Aquascutum, has finally been fully acquired for GBP15 million by YGM Trading Limited, a Hong Kong-based apparel retail and wholesale business…
Chinese annual auto sales decline
Tweet Although vehicle sales in China rose in April, slower economic growth and tighter credit has seen them decline for year. On Wednesday, the China Association of Automobile Manufacturers said…
Chinese textile producers aim to double output by 2020
Tweet A 10-year development plan released by China’s textile industrial association Tuesday shows the country’s textile producers are aiming to double their output by 2020 from the 2010 level. According…
China accuses Japan and EU of steel dumping
Tweet Japan and European Union (EU) have been accused of dumping seamless tubes into China by the country’s Ministry of Commerce (MOC) A preliminary report released on the ministry’s website…
Unilever pushing for five-fold growth in China
Tweet Unilever has said its is confident of growing its China business by a factor of five between now and 2020. The global consumer goods producer believes it has the…
Ford set to build a multi-million USD assembly plant in Hangzhou
Tweet The fight for China’s bustling auto market has been taken a notch higher after US car maker Ford Motor Co. said it is planning to set up a USD…
Cheers! Its Carlsberg’s Tuborg for Chinese beer drinkers
Tweet Carlsberg, the Danish beer maker said on Wednesday that it has launched its Tuborg beer in China, a move that is aimed at boosting the brand’s international profile. Earlier…
US-China trade friction shows little sign of abating
Tweet The US-China trade wars are not likely to end soon if comments made by Chinese officials yesterday are anything to go by. US manufacturers of have been crying foul…
Thin and light laptops may turn Acer’s fortunes around:Analyst
Tweet Taiwan-based Acer Inc is aiming to reclaim its spot as one among the top three PC makers in the world this year by aggressively promoting light and thin laptops,…
German-based Dialog in a partnership with Taiwan’s BCD Technology
Tweet The world’s largest contract chip-maker , Taiwan Semiconductor Manufacturing Co. (TSMC) said yesterday it has formed a partnership with Dialog on BCD technology. TSMC said already, it is able…
