The expansion comes as China’s coffee consumption shows robust growth. Statistics from 2023 reveal that the country’s annual per capita coffee consumption stood at 16.74 cups, with coffee-related …
Monthly Archives For September 2024
China’s economic situation ‘incredibly important’ to Australian companies
Woodside Chief Executive Meg O’Neill discusses the role of China’s economy and the various geopolitical conflicts on the business.
(FOCAC) Explainer: Why Africans won’t buy the “Debt Trap” narrative against China
For instance, in an Associated Press article last year, reporter Bernard Condon alleged that China’s “debt trap” has pushed some developing countries, for example Kenya and Zambia, to the brink of …
African leaders in Beijing eyeing big loans and investment
African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent. – …
IBM Will Fire 1000 Employees In China, Scale Down Business: Find Out Why?
IBM, a global tech giant, is cutting over 1,000 jobs in China as part of a broader strategy to downsize its operations in the country. This move is largely influenced by the increasing geopolitical …
China’s rising luxury brands, a new playbook for global success
Opinion: Chinese luxury brands are rapidly emerging as global contenders by leveraging cultural heritage and client-centric storytelling to create transformative experiences.
China’s state-owned banks face thinner margins amid Beijing’s call to support economy
At a time when the country faces unprecedented challenges, these state-owned banking giants show their importance as the economy’s lifeline.
China’s embattled restaurants, embroiled in price war, struggle to stay afloat
Restaurant owners and operators in China’s biggest cities are facing challenges to remain profitable, with some lowering prices to tempt consumers …
Beijing’s imperial palace bustles with throngs of visitors in Qing dynasty costumes
In Beijing’s Forbidden City, once the sprawling palace to China’s Ming and Qing emperors and their legions of guards and servants, steady streams of visitors wearing historical costumes pose for …
China new home prices rise more slowly in August, survey shows
Prices of new homes in China rose at slower pace in August, a private survey showed on Sunday, as the crisis-hit property sector struggles to find its bottom after a slew of supportive policies.
Alibaba’s antitrust review comes to a close after 3 years of government scrutiny
The State Administration for Market Regulation praised Alibaba for its compliance with the antitrust authority, giving the firm full recognition.
Beijing accuses Philippines of deliberate collision between coast guard ships in latest flareup
China has accused a Philippines coast guard ship of deliberately colliding with a Chinese vessel in the latest flareup of tensions over disputed waters and maritime features in the South China Sea …
China’s baby product brands gain traction at home
SHANGHAI — As China’s economy slows, support for domestic baby product brands is growing, especially in price-sensitive local cities. With cross-border e-commerce expanding, some Chinese baby product …
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