China 

They’re not like your dad’s trainers. How Adidas captured the hearts of Chinese millennials with the Yeezy shoe

China is the running-shoe factory of the world and the second largest sportswear market globally.In the past, the big international sports brands like Nike and Adidas were the dominant forces, able to charge top whack for their constantly evolving trainers while copycat local brands played catch-up.But nowadays, the small domestic firms are snapping at the heels of their bigger rivals, managing to emulate their latest technologies and designs more quickly and efficiently, and gaining in… Source link

Read More
Home 

Why these two Russian metal stocks are forging their way back into Hong Kong investors’ hearts

Shares in Rusal, the world’s second-largest aluminium producer, have surged by 71 per cent since the United States signalled its intention seven weeks ago to lift sanctions against the company. But can the Hong Kong-listed stock rise further? It is possible, according to some analysts who said they considered the stock to be undervalued. The Moscow-based company has been beaten down by a geopolitical spat between the US and Russia, which led last April to US sanctions against 23 Russian heavyweights and the firms they control, including Rusal. US sanctions-hit…

Read More
China 

Beijing must win the hearts of US businesspeople amid trade war, China policy adviser says

Beijing must not launch retaliatory attacks against American firms or US business operations in China, despite US President Donald Trump’s threat to slap further punitive tariffs on Chinese goods and restrict Chinese investment in the US, a Chinese economist and government adviser has warned. “Trump would love to see [China] make trouble for US firms,” Fan Gang, a former member of the monetary policy committee of the People’s Bank of China, said in a speech at Tsinghua University in Beijing on Wednesday. “The business community is now the only voice…

Read More