Tag Archives: China

The ongoing coronavirus pandemic will not scupper plans to roll out 80 new brand stores across China, the LEGO Group has insisted, despite the impact the virus has had on supply chains, its LEGOLAND parks and global offices. Speaking with the Asia Times, the Danish toymaker has underscored its design …

Entertainment One’s hit pre-school animation, Ricky Zoom is gearing up to launch on CCTV-14 starting from March 23rd this year, following a successful kickstart to its broadcast campaign across China. The series made its debut in mainland China in June last year where it got off to a strong start …

Further delay to the reopening of the Chinese factories closed for quarantine over the coronavirus outbreak has stoked fears over the impact to be had upon the global economy. Across China, various provinces have posted different dates for an extended shutdown of operations and factories as the coronavirus outbreak continues …

Alibaba chairman, and the richest man in China, Jack Ma is to step down from his role at the e-commerce giant following a 12 month transition period as the firm appoints his successor. The news that Ma is to step away from the company he founded in 1999 and saw …

Hasbro could see its manufacturing out of China fall to 50 per cent or under by the end of next year, following what CEO Brian Goldner has called a positive shift for the firm out of the region. The firm claims to have spotted an opportunity now that has fuelled …

In yet another development for the dramatic trade war between China and the US, a delay has been placed on a second tier of tariffs caught up within Trump’s fourth tranche of taxation on Chinese goods, exempting toys until at least December 15 this year. The Office of the United …

MGA Entertainment has issued a warning to counterfeiters of the toymaker’s portfolio of products and the retailers that stock them, redoubling its efforts to bring the lawbreakers to justice. The announcement was made by the company’s CEO, Isaac Larian, following a raid on a Chinese toy factory during which a …

Almost as abruptly as it was taken off the table one month ago, US President Donald Trump has announced that the threatened next round of tariffs will come into effect on goods shipped from China by September 1. It was only a matter of weeks ago that the industry’s concerns …

The Office of the United States Trade Representative has revealed that it has been ordered to “begin the process of raising tariffs on essentially all remaining imports from China, valued at approximately $300 billion.” The details emerges just days after US president Donald Trump more than doubled tariffs on $200 …

The US has doubled tariffs tariffs on $200bn worth of Chinese products, escalating the ongoing trade war to a whole new level. Tariffs on affected Chinese goods have risen to 25 per cent from 10 per cent, while Beijing has vowed to retaliate, China has said it “deeply regrets” the …