The likeness of billionaire Warren Buffett is to grace Cherry Coke cans in China, where the company’s largest investor enjoys a legendary reputation, the Guardian reports. Coca-Cola announced over the weekend that a grinning cartoon portrait of the American business magnate would adorn cans and bottles of his favorite flavor following its introduction in the country on 10 […]
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More Chinese consumers shun fake goods
Fueled by their rising spending power and familiarity with Western film and TV characters, Chinese shoppers are stocking up on licensed entertainment merchandise such as “Minions” school bags, Mickey Mouse sweatshirts and Bart Simpson baseball caps. The fakes haven’t gone away by any means, but there’s a growing number of Chinese consumers who are willing […]
Reuters reports China’s annual consumer rights day TV show turned its spotlight on US sports brand Nike for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation. The state-run China Central Television (CCTV) show, known as 315, said Nike had misled consumers over high-tech air […]
Household brands in China are bracing for the government’s version of public-service journalism – the annual program on state-run TV that uses hidden cameras to highlight what the network calls companies’ unfair practices against consumers. China Central Television’s March 15 broadcast for World Consumer Rights Day has targeted some of the world’s biggest companies in the past, […]
Chinese appliance giant Haier Group will open 300 “experience stores” in the country to promote its “smart” home equipment, which can automatically direct a variety of household gadgets. Caixin reports the 33-year-old home appliance maker has been focusing on the “smart home,” especially after it acquired the appliance unit of US rival General Electric last […]