Tag: Chinas

Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm

Image copyright Getty Images A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Kweichow Moutai is a luxury spirit favoured by Chinese politicians and businesspeople looking to impress. The company’s share price has risen dramatically this year, pushing its value to new highs. Despite producing one of China’s most prestigious brands, few people will… Read more →

Colgate reviews China’s Darlie brand amid race debate

Image copyright Getty Images Colgate-Palmolive is reviewing Chinese toothpaste brand Darlie as firms reassess race stereotypes in products. The popular Chinese brand features a caricature of a man with blackface make-up and the name translates as “black person toothpaste”. It is owned by Colgate and its joint venture partner Hawley & Hazel and sold widely across Asia. A string of… Read more →

How bad are China’s economic woes?

Image copyright Getty Images While economists say China’s economic data can’t always be trusted, they now have a new dilemma – there is no data. On Friday, China said it wouldn’t be setting a target for economic growth for this year. That’s unprecedented – the Chinese government hasn’t done this since it began publishing such goals in 1990. Abandoning the… Read more →

National People’s Congress: China’s parliament meets for post-virus show of strength

Image copyright Getty Images Image caption There will be tight security around all NPC events China’s National People’s Congress is a key date in Beijing’s choreography of politics and power. It takes place this year as the country emerges from the virus crisis – and seeks to bolster its authority both on the domestic and the global stage. It also… Read more →