Grundig: Chinese electronics company takes over legacy brand
The brand of the former German electronics success story Grundig will now be carried by an electronics company from Sichuan as part of a strategic partnership.
By Manuel Liu
The brand of the former German electronics success story Grundig will now be carried by an electronics company from Sichuan as part of a strategic partnership.
By Manuel Liu
Beijing wants the plan to help address the consequences of a rapidly aging population. The aim is to strengthen the weak social safety net and indirectly boost domestic consumption.
By Manuel Liu
Chinese consumers want folk dances, lantern parades, pottery and martial arts performances. Bookings are rising rapidly. The government hopes the trend will help boost domestic consumption.
By Angela Köckritz
Demand for new cars has cooled noticeably in China since the beginning of the year. However, because exports by Chinese manufacturers are increasing, the decline is limited.
By Marcel Grzanna
JD.com’s profit was cut in half last year. To compete in China’s fiercely contested food-delivery market, the company said it absorbed sharply higher operating costs.
By Fabian Peltsch
The toy chain Pop Mart is suing the 3D printer manufacturer Bambu Lab for copyright infringement. The legal dispute could clarify the legal boundaries of 3D printing in the consumer market.
By Fabian Peltsch
The EU is tightening controls on an ingredient imported from China used in infant formula. Contamination with a bacterial toxin has led to product recalls and possible illness cases.
By Amelie Richter
Food delivery company Meituan is expecting a significant loss for the past fiscal year. Its financial situation is not expected to improve before spring.
By Ning Wang
The Chinese market supervisory authority is launching an investigation into Trip.com. The online travel company is alleged to have abused its market power with coercive clauses, among other things.
By Fabian Peltsch
Beijing is planning structural reforms to stimulate private consumption. Measures include deregulation in car and home purchases as well as improved access to public services, as policymakers seek to address weak domestic demand.
By Julia Fiedler