Tag: Handover of Hong Kong

BusinessInternational Business and Trade

Global Brands Face Mounting Pressure in China as Domestic Competitors Gain Market Share

Major global corporations are rethinking their China strategies amid economic challenges and shifting consumer preferences. Reports indicate domestic brands are gaining significant market share across multiple sectors, forcing international players to adapt their approaches.

Economic Shifts Reshape China Business Landscape

Global companies operating in China are reportedly facing sustained challenges as economic conditions and consumer behavior shifts create what analysts suggest is a “new normal” for foreign businesses. According to Reuters reporting, executives from multiple sectors are reconsidering their strategies in the world’s second-largest economy as China experiences deflationary pressures and subdued consumer demand.

by Daniel R.Collins
International Business and TradePolicy

Taiwan Restricts Officials from Chinese Retrocession Events Citing Historical Distortion Concerns

Taiwanese officials have been prohibited from participating in Chinese events commemorating the 80th anniversary of Taiwan’s retrocession. The government alleges Beijing is using the occasion to advance false historical narratives about Taiwan’s status, escalating ongoing tensions between the two governments.

Taiwan Implements Ban on Chinese Retrocession Events

Taiwanese officials have been formally banned from attending events organized by China to mark the 80th anniversary of what Beijing terms Taiwan’s “retrocession” to Chinese rule, according to reports from the island’s government. Sources indicate the prohibition extends to students and teachers, with authorities calling on all citizens to prioritize national interests by avoiding participation in the commemorations.

by Ortega Rafael