Luxury goods group Richemont beat expectations on Friday after high demand from Chinese consumers for jewellery and watches boosted sales over the three months to March 31, sending shares to record …
Monthly Archives For May 2023
Cartier Maker Richemont Rises to Record as China Rebounds
Richemont, the Swiss luxury goods maker that owns the Cartier brand, surged to a record as sales in China rebounded following the end of Covid Zero policies.Operating profit was €5.03 billion ($5.5 …
‘You take a cup’: F-word sales slogan gaffe by milk tea brand in China lands apologetic shop in hot water and brews four-lettered online storm
Dialect difficulty turns Chinese characters sales slogan on milk tea shop cups into vulgar expression Local officials in Wenzhou City in east of country raid shop, seize hundreds of cups and force …
Astounding brand credentials call for relentless effort
Visitors check out models at the AVIC booth during the China Brand Day event in Shanghai on Wednesday. [PHOTO/CHINA NEWS SERVICE] I have long been an aficionado of simple Western-style dining, but …
Exposition on China Brand 2023 kicks off in Shanghai
People visit the Exposition on China Brand 2023 in east China’s Shanghai, May 10, 2023. The Exposition on China Brand 2023 kicked off Wednesday at the Shanghai World Expo Exhibition and Convention …
Republicans skeptical of Schumer plan on China
Senate Majority Leader Chuck Schumer (D-N.Y.) says he wants Republicans to help Democrats craft an ambitious plan to help the U.S. fight off competition from China — but so far, his calls for …
China food security: Beijing puts local cadres in cross hairs to ensure they reap what China needs to sow
Provincial governors and party secretaries are told they must ‘shoulder the responsibility of food security’, as pressure from Washington and implications of the Ukraine war are straining China’s food …
China will send an envoy to Russia and Ukraine in a quest for peace talks.
Li Hui, China’s special representative for Eurasian affairs, is expected to begin his trip on Monday. A Chinese government envoy will visit Ukraine and Russia next week in an attempt to help negotiate an end…
Professor accused of sexually assaulting teenager as China’s #metoo movement struggles forward
Victim alleges in viral social media post that assault 11 years ago resulted in her becoming pregnant and having an abortion
China Focus: High-quality development helps Chinese brands explore overseas market
“The world has entered the era of brand economy, and brand building has become a powerful driving force for a country and its economic development,” said Liu Pingjun, chairman of the China Council for …
SoftBank shares drop after its Vision Fund tech investment unit posts a $32 billion record loss
SoftBank’s Vision Fund segment lost a record 4.3 trillion Japanese yen ($32 billion) for its fiscal year ending Mar. 31.
China will send a special envoy to Ukraine, Russia and other European nations from Monday, Beijing said on Friday, to discuss a “political settlement” to the war in Ukraine.
China will send a special envoy to Ukraine, Russia and other European nations from Monday, Beijing said on Friday, to discuss a “political settlement” to the war in Ukraine. “From May 15, Ambassador Li Hui,
This Week in China: Foreign Funds Stay Well Clear of Bank Stocks
The latest hot stock trade to emerge from China has found little enthusiasm among international investors.Most Read from BloombergNBCUniversal’s Yaccarino in Talks to Run Twitter, WSJ SaysKen …
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