In this edition of China Focus, we feature coconut yoghurt brand Yeyo’s expansion plans, new packaging rules for tea, ensuring authenticity of cage-free eggs, incentivising the baijiu and dairy …
Monthly Archives For June 2024
Adidas shares fall on investigation into China corruption allegation
Adidas shares dropped 4% on Monday after the German sportswear brand said it was investigating allegations of corruption in China after receiving an anonymous letter.
China economic planner says consumer NEV demand likely to maintain fast growth
Chinese consumer demand for new energy vehicles (NEVs) is likely to maintain its fast growth, which will increase the need for electric vehicle charging infrastructure, the country’s top economic …
Travel & Tourism in China set to surpass pre-pandemic levels this year
The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has revealed today that China’s Travel & Tourism sector is set to inject a record-breaking ¥12.62TN into the national economy by the end…
China slams US misinformation on vaccines
Sinovac Biotech expressed concern over misinformation and rumors circulating online during the COVID-19 pandemic, suspecting organized and intentional campaigns aimed at attacking the company. In a …
All Roads in the Muslim World Lead to Beijing. Israel Will Have to Engage China | Opinion
China provides the Gulf monarchies with AI-controlled solar energy, Cloud computing, 5G broadband, and transportation infrastructure.
South China Sea: Philippines slams Beijing for ‘dangerous manoeuvres’, raising tensions
The Philippine government condemns “dangerous manoeuvres, including ramming and towing” by China’s navy, coastguard and militia.
Top 11 most valuable Chinese brands in 2024
Tencent, ranking 10th in the 2024 Most Valuable Global Brands list, has become the most valuable Chinese brand, followed by Kweichow Moutai, Alibaba and Douyin/TikTok. Let’s take a look at the top 11 …
Major Chinese semiconductor company goes bankrupt — 23 others recently withdrew IPO applications
China’s semiconductor industry is facing a resurgence of unfinished projects as smaller companies go bankrupt, reports the China Times. Recent insolvencies, such as that of Shanghai Wusheng …
U.S. State Department condemns China’s sentencing of 2 activists
The State Department on Monday condemned the sentencing by China of two activists — Sophia Huang Xuequin and Wang Jianbing — for “inciting subversion of state powwr.” …
U.S. reasserts support of Philippines in dispute with China over ocean territory
The United States on Monday said it stood by its ally the Philippines after a Chinese vessel allegedly rammed into a Philippine supply ship near the Spartly Islands in the South China Sea around the…
China keeps lending rate unchanged as housing market still struggles to recover
BANGKOK — China’s central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world’s No. 2 economy’s …
KE Holdings: A Decent Business In China’s Most Hated Sector
KE Holdings’ new businesses, including home renovation and furnishing, have experienced rapid growth. Learn why I am giving BEKE stock a buy rating.
