British luxury brand Burberry BRBY.L on Friday said its first-quarter comparable store sales rose by 1%, limited by COVID-19 lockdowns in China, its biggest market. Outside mainland China, the company …
Monthly Archives For July 2022
Coronavirus: China economy shrinks on zero-Covid policy
China’s economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers …
Asian shares mixed after China says growth weakened in 2Q
Share prices were mixed in Asia on Friday after China reported its economy contracted by 2.6% in the last quarter as virus shutdowns kept businesses closed and people at home. U.S. futures and oil …
China’s Interventionist Approach to Managing Financial Risks
While Beijing has studied the mistakes of past financial cleanups, its current approach risks making new ones.
Fruit and vegetable exports to China slump by 34%
VOV.VN – Vietnam’s fruit and vegetable exports to the Chinese market during the first half of the year dropped by 34% to US$799.7 million on-year, according to figures given by the General Department …
Explained | Who is Ruja Ignatova and what is the OneCoin crypto fraud?
Ruja Ignatova is the latest entrant to the FBI’s Ten Most Wanted Fugitive List. She is alleged to have devised a crypto-based fraud that siphoned $4 billion out of victims based in Europe, North …
China’s top carmakers start to challenge Japan’s strongholds
After steadily improving engineering, design, quality, while adding scale, at home, more recently with electrified vehicles, China’s major automakers are targeting two key segments long dominated by …
China to further stabilize foreign trade in H2
China will take a raft of measures to stabilize and improve the quality of foreign trade in the second half of the year (H2) to consolidate its resilience, a commerce official said Thursday. In the…
Lululemon set to expand presence in China
Lululemon Athletica Inc, a Canada-based athleisure apparel company, is expecting China to become its second-largest market worldwide by 2026 through new store openings, an expanding product portfolio …
China’s economic growth falls to 0.4% amid COVID shutdowns
China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities were shut down to fight coronavirus outbreaks, but the government said …
China’s economy shrinks during Coronavirus shutdown in last three months
The economy shrank by 2.6 per cent, compared with the January-March period’s already weak quarter-on-quarter rate of 1.4 per cent, official data showed Friday …
US and Japanese warplanes put on show of force as tensions spike with China and Russia
More than 50 US and Japanese warplanes flew over waters near Japan this week as the two allies put on a show of force amid rising tensions in the region with China and Russia.
China Property Crisis Is Spiraling With Homebuyers’ Boycott
Former UBS Group AG economist Jonathan Anderson once called it “the most important sector in the universe.”Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese …
