Mercedes-Benz removed a video advertisement from a Chinese social media Web site, state media said, after the clip got swept up in a charged national debate over depictions of Asian-looking features by foreign companies.
The video was posted on Mercedes-Benz’s official Sina Weibo (微博) account on Saturday and later removed due to a public blacklash, the Chinese Communist Party’s Global Times newspaper said.
“The makeup of the female model looked like slanted eyes and once again aroused a heated discussion from netizens with many blaming that the makeup reflects Western stereotypes about Asian people,” the paper said on Tuesday.
The report included a screenshot of the video showing a woman who is apparently Chinese, although Bloomberg News has not seen the full version of the ad.
E-mails and telephone calls to Martin Sauber and Juan Zhou, the China press representatives for Daimler AG, were not immediately returned.
The episode makes Mercedes-Benz the latest target of consumer nationalism in China that in the past has dealt a blow to Dolce & Gabbana, Hennes & Mauritz and others.
Last week, Chinese social media platforms erupted over allegations that Walmart Inc had stopped selling items from Xinjiang at its Sam’s Club grocery stores in the Asian nation.
Christian Dior SE stopped using a photo of a model last month that state media said was “smearing Asian women.”
Chinese Internet users have recently been debating the way that models’ eyes are shown in advertising. The Chinese company Three Squirrels Inc (三隻松鼠) recently apologized for ads featuring model Cai Niang Niang (菜孃孃) wearing makeup that accentuated the slant of her eyes, the South China Morning Post reported.
The model hit back on Sina Weibo, saying: “With small eyes, am I not Chinese? I totally agree with patriotism. However, creating big problems out of normal matters has become a morbid obsession.”
Daimler last week said it would slash its stake in the Denza electric vehicle joint venture with China’s BYD Auto Industry Co (比亞迪汽車) following years of weak sales.
BYD would own 90 percent of the business and Daimler 10 percent after an equity transfer the companies plan to complete in the middle of next year, the Mercedes-Benz maker said.
The joint venture was started in March 2012. Its weak profitability has been a concern at Daimler for years, even as sales for its Mercedes luxury vehicles continued to surge in China.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
Hong Kong authorities ramped up sales of the local dollar as the greenback’s slide threatened the foreign-exchange peg. The Hong Kong Monetary Authority (HKMA) sold a record HK$60.5 billion (US$7.8 billion) of the city’s currency, according to an alert sent on its Bloomberg page yesterday in Asia, after it tested the upper end of its trading band. That added to the HK$56.1 billion of sales versus the greenback since Friday. The rapid intervention signals efforts from the city’s authorities to limit the local currency’s moves within its HK$7.75 to HK$7.85 per US dollar trading band. Heavy sales of the local dollar by
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to