Chinese cars are selling at record levels in Russia. Competition from European, Korean, and Japanese carmakers has vanished since Western sanctions were imposed on Russia. Chinese automakers face increasing tariffs in other regions. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking…
A man in China who went through many hardships to reunite with his family 34 years after he was abducted has announced a tragic rupture with them one year after the reunion. Yu Baobao, 37, said on his social media account, which has 326,000 followers, that he had severed ties with his birth family because…
Despite their products being known nationwide and associated with the day-to-day lives of people in China, few are aware of the rags-to-riches stories of the business people behind them. Their journeys exemplify how vision and determination can turn into success and symbolise entrepreneurial resilience in China. The Post highlights four inspiring Chinese tycoons who have…
Dressed in a pristine white knit top, Robyn Qiu cut an incongruous figure in her parents’ dusty, hangar-like metal hardware factory in eastern China as she gestured excitedly while an assistant filmed her on a smartphone. The 29-year-old is one of many second-generation factory owners fighting to elevate the country’s manufacturing sector, pitting digital native…
Luxury brands are expanding their presence in the flagship Hong Kong mall of the K11 Group, as the high-end real estate arm of billionaire Henry Cheng’s New World Development Co. bets on a rebound in the city’s premium retail sector to help ease property-market woes. The expansion at K11 Musea in Hong Kong’s prime shopping…