The world’s second largest beauty market – China – is burgeoning, but many brands are pulling out. Who is taking over that market share and how?
Monthly Archives For January 2023
In China’s third most populous province, 90% people Covid positive: Official
China’s third most populous province Henan is battling a surge in Covid cases as around 90 percent of people have now been infected with Covid-19, a top official said as per new agency AFP. “As…
China c.bank to support private firms, ease tech crackdown – CCTV
China’s central bank will step up support for private firms as part of steps to shore up the economy, while easing a crackdown on tech companies, Guo Shuqing, Communist party chief of the People’s Bank…
Live updates: China’s spring festival to prompt 2bn trips amid Covid wave
As China battles an unprecedented wave of Covid-19 infections, many of its citizens are already making festive travel plans. A new forecast from China’s Ministry of Transport predicts about 2bn trips for this year’s peak…
Jack Ma’s Ant is China tech’s tiniest bellwether
Jack Ma is leading China’s consumer internet out of the sin bin. After his fintech champion Ant said its founder will cede control, shares in affiliate Alibaba , rose 7% in Hong Kong on Monday…
Policies that were a ‘drag’ on China’s economy in 2022 will now support growth, says Morgan Stanley
Chetan Ahya of the financial services firm says China is likely to do well in 2023. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more…
China tightens listing guidelines to funnel funding to strategic sectors – FT
China’s stock regulator is set to stop local companies in certain sectors from listing on the country’s main stock exchanges, the Financial Times reported on Monday, citing two capital markets bankers …
Asia stocks rally on China optimism, Fed rate bets: markets wrap
Asian stocks are set to enter a bull market after US equities had their best day in more than a month on Friday, driven by China’s reopening trade and expectations of slower rate hikes. The…
ETH Target $1,350 on Sentiment Toward Fed Policy and the China Economy
Following a bullish Sunday session, BTC and ETH were on the rise this morning. China’s reopening and Fed policy paint a less gloomy economic outlook.
China tightens listing guidelines to funnel funding to strategic sectors
Securities regulator identifies some industries as off-limits to equity financing on Shanghai and Shenzhen exchanges …
‘Life is moving forward’: China declares new COVID-19 phase
China braced for a “new phase” in its battle against COVID-19 on Monday and financial markets strengthened after Beijing dropped pandemic border controls in the latest
Fitch unit: Philippine exports to soften in 2023 despite China reopening
Philippine exports are forecast to soften this year despite China, a major trading partner, emerging from strict pandemic restrictions as demand is likely to remain subdued because of a looming global …
Hong Kong Stresses Pro-Crypto Stance as Industry Reels
Hong Kong will be a great place for crypto, fintech and other startups to set up shop in the new year, the city’s financial secretary said on Monday, looking past the current upheaval in the…
