A RMB 661 million ($102.2 mm) investment loss for the Chinese footwear and apparel brand resulted in a net loss attributable to shareholders of RMB 747,949,000 ($115.6 mm) compared to income of RMB 1, …
Monthly Archives For December 2021
China-Africa Forum Sees Beijing Deepen Its Involvement in the Continent
As China this week stepped up its diplomatic and economic engagement in Africa, Senegalese President Macky Sall urged Beijing to throw its support behind the fight in the Sahel region against Islamist …
Majority of Americans see China as top threat, concerned about war breaking out: poll
Most Americans view China, not Russia or any other country, as the top threat currently facing the U.S., with the majorities of those from both parties being worried about the possibility of the two …
Putin dismisses assertion that China’s hypersonic missiles present threat
Russia’s president dismissed the idea that hypersonic weapons under development in neighbouring China posed a threat to Russia’s security, while asserting the strength of Moscow’s relationship with …
Chinese border cities limit rail imports amid COVID-19 outbreak in the north
BEIJING: A few Chinese border cities are halting some non-container commodity imports by rail to reduce the risk of COVID-19 clusters caused by the virus brought in from other countries amid a …
The idealization of the West in China
A University of Michigan student describes her own experiences hearing about the West in China, as well as the history behind such idealistic visions of the West.
China’s high-quality development offers multiple opportunities: Italian experts
China is already the world’s top market in terms of purchasing power parity and is an “essential” player for Italian companies, said Italy-China Foundation executive vice president Riccardo Monti on …
China in claim about controlling coronavirus ahead of Olympics
Chinas foreign ministry has responded to fears that the 2022 Beijing Winter Olympics could be threatened by the Omicron variant …
‘My heart is shattered’: Elise Christie poised to miss Beijing 2022 Winter Olympics due to injury
Christie took to social media to strongly hint that her chances of competing at the Olympics are in major doubt …
More Bad News For China’s Sorry Real Estate Market, UBS Says
The hits keep on coming for China’s economy. This time the news is the country’s already beleaguered real estate sector is set for more bad news. “Property activities are likely to fall further in the…
Uganda says Entebbe Airport has not been surrendered to China
A Uganda Airlines plane at Entebbe International Airport. Daily Monitor last week detailed how Ugandan officials from the ministries of Works and Finance and Attorney General’s office remain edgy …
Marking its Continued Global Expansion, Kontoor Opens first Wrangler® Retail Store in China
Kontoor Brands unveiled its first, freestanding Wrangler® retail location in China. Located in the Nanjing Deji Plaza, a top retail destination, the store brings to life the adventurous optimism of …
Chinese Government Insists Omicron Variant Will Not Derail Beijing Winter Olympics
The Chinese government has adamantly stated the Winter Olympics in Beijing will proceed on schedule despite a global flare-up in the coronavirus pandemic fueled by the …