You Searched For "japanese companies leave china" and got 20 results
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3 mins read
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitiv…
Tom Carter
1 min read
Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen
Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a sur…
Lian Kit Wee
2 mins read
Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more
Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…
1 min read
Toyota and BMW are the latest casualties in China's evolving EV market
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face gro…
Tom Carter
4 mins read
China lost 36% of its billionaires to years of economic troubles and crackdowns
China has lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by t…
Hannah Abraham
5 mins read
The US-China tech race is moving from chips to the raw materials they're made of
The US is considering expanding its export limits on AI chips to China and its allies. Experts say …
Huileng Tan,Katherine Tangala…
3 mins read
Budget brands are winning in China as people turn to cheap food and fashion
Companies with wallet-friendly offerings are reporting strong sales in China.
Huileng Tan
1 min read
Microsoft is reportedly telling hundreds of AI and cloud staff to consider leaving China
Microsoft is offering workers the chance to relocate to countries like the US, Ireland, and Austral…
Beatrice Nolan
2 mins read
Scandals in China and Australia hit Big 4 giant PwC, but global revenues reached a record high
Big Four consulting firm PwC shrugged off reputation-damaging scandals in China and Australia this …
Polly Thompson
2 mins read
Jane Lauder is departing Estée Lauder, taking her out of the race to lead the company her grandmother founded
Jane Lauder, whose grandmother founded Estée Lauder, is set to depart the beauty company.
Katie Balevic,Maria Noyen
4 mins read
I worked in China's brutal 996 tech culture. I'm relieved they laid me off.
Jack Forsdike, a 28-year-old from the UK, was on a 996 team for several months at a video game deve…
Matthew Loh
4 mins read
China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.
China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…
Huileng Tan
9 mins read
We're losing the one thing that's keeping the peace between America and China
American businesses hoped China would be a gold mine. That dream is dying and it could make it hard…
Linette Lopez
5 mins read
China's worsening relationship with US businesses could put AI's chip supply on shaky ground
China burning bridges with US giants and a potential invasion of Taiwan leaves the AI industry vuln…
Dan DeFrancesco
2 mins read
LVMH is waiting for China's consumers to shop at home
LVMH is continuing to spend big on marketing in China, even amid the country's economic gloom.
Huileng Tan
1 min read
Elon Musk got special favors and access from China that could leave him exposed, report says
The Tesla chief's relationship with China, where the EV company has a massive plant, is under incre…
Tom Porter
3 mins read
It looks like the party's over for luxury goods in China
Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…
Grace Dean
3 mins read
Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules
Dalio, whose company runs the biggest foreign hedge fund in China, says the country needs to start …
Matthew Loh
2 mins read
Western companies have exited Russia in droves. New companies with owners from China and former Soviet republics are stepping in.
Nearly 10,000 foreign companies have exited Russia since it invaded Ukraine, per Vedomostic citing …
Huileng Tan
4 mins read
Eyeing China, the Philippines wants to buy its first attack submarine
The Philippines is making a shift to counter China's rising might, but the hefty cost of buying a s…