It is expected to become the top market for the industry by 2025 and already generates about 35% of annual sales at Gucci, French group Kering’s star brand, 27% for rival LVMH’s fashion and leather…
Monthly Archives For December 2022
China to open borders, sparking hope for those locked out for years
China will relax its infamously strict coronavirus restrictions for entry into the country starting Jan. 8, according to a lengthy list of new policies issued Monday by its National Health Commission.
China’s hi-tech manufacturing hub Dongguan lifts property-buying restrictions to stimulate demand
Dongguan lifts home-buying curbs in the city’s last five remaining neighbourhoods, but maintains restrictions on resales for two years to dampen speculation.
Dollar slips as investors take heart from looser China COVID rules
The dollar fell on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travellers – a major step in reopening its borders that boosted risk-related currencies such as the …
Crypto in 2023: What is the Pig Butchering Crypto Scam that security experts want investors to look out for
Although Pig Butchering isn’t exactly a new scam, in recent months, it has grown substantially complex and is set to explode massively in 2023, targeting new crypto investors who are new, by …
Companies welcome end to China quarantines for visitors
Companies welcomed China’s decision to end quarantines for travelers from abroad as an important step to revive slumping business activity while Japan on Tuesday announced restrictions on visitors …
Taiwan extends mandatory military service period to counter China threat
Taiwan will extend the period of mandatory military service for all eligible men from four months to a year amid rising threats from China, President Tsai Ing-wen said at a news conference in Taipei on…
China adds billions to its 2021 GDP estimate, but its economy is facing a big test this year
China’s gross domestic product (GDP) for 2021 was over half a trillion yuan more than initially calculated, official data revealed Tuesday. The update comes at a time the world’s second-largest economy faces severe strain from…
China starts to open borders, sparking hope for ‘zero covid’ shutouts
The relaxation of China’s border and quarantine rules is meant to ease travel for business, study and family reunions.
‘Whistling past the graveyard’: Is the U.S. ready to counter China at sea?
The promise is a big one: “2023 is likely to stand as the most transformative year in U.S. force posture in the region in a generation,” Ely Ratner, assistant secretary of defense for Indo-Pacific security…
LIVE Updates | Covid BF.7 Variant in India, China Coronavirus Cases: Three-year-old child tests COVID positive in Bengal, admitted to hospital
In view of the rapidly increasing cases of Omicron’s BF.7 variant in China, the concern of the people in India has also increased a lot. People are afraid of increasing corona cases and getting locked…
InPics: Beijing-Guangzhou railway handles 1.69 bln passenger trips in a decade
A bullet train stops at the platform of Beijing West Railway Station in Beijing, capital of China, Dec. 26, 2022. (Xinhua/Zhang Chenlin) BEIJING, Dec. 27 (Xinhua) — A total of 1.69 billion passenger trips have…
China’s Covid horror story: 10 tweets from Beijing Epidemiologist reflect the grim picture
Beijing Dongjiao Crematory, on the eastern edge of the Chinese capital, has experienced a jump in requests for cremation and other funerary services, according to people who work at the compound
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