Starbucks isn’t strictly a luxury brand, but it holds a position as ‘New Luxury’ in China, where consumers are searching for prestige and self-identity.
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China to clamp down on tech firms’ overseas IPOs: Report
Officials from the China Securities Regulatory Commission said that even Chinese firms in less sensitive sectors would need regulatory approval to list abroad.
Current COVID-19 outbreak in China controlled: health official
The latest COVID-19 outbreak in China has been controlled, a health official said Friday. The number of locally-transmitted cases has been declining for 11 consecutive days across the country, Mi Feng …
Beijing named demonstration city for hydrogen FCVs
Beijing was picked as one of the first batch of demonstration cities for hydrogen fuel cell vehicles (FCVs) in China. The city has developed a financial support system for FCVs and planned to provide …
Pushing the Limits Paid Off for Didi, Until China Cracked Down
The ride-hailing giant learned to thrive in legal gray areas while Beijing mostly looked the other way. Now the government is paying attention.
China’s Covid-19 vaccination drive is about to exceed the 2 billion mark. But the public is increasingly frustrated by coercive measures
China is on course to administer more than 2 billion coronavirus vaccine doses by Friday, after authorities ramped up the country’s inoculation drive — at times triggering backlash through the use of …
Why Covid-19 didn’t hurt tech brands’ appetite for Asian investment
Companies have reason to be sceptical about investment in Asia in general and in China in particular. In China, Beijing is tightening its grip on its thriving tech industry, forcing companies like …
Chinese tech investors are hungry for emerging consumer brands | China Venture Roundup Volume 49
Find out what moves China tech with us. We round up what you need to know about the local venture scene every Thursday at 8:00 a.m. (GMT +8), covering major investment stories, MNC partnerships, …
APAC acceleration: Luxury brand Rituals outlines plans to expand footprint with strong focus on China
Rituals Cosmetics is working to grow its presence in Asia Pacific, especially in China, after being delayed by the COVID-19 pandemic.
China’s Economic Recovery Wobbles as Risks Accumulate in August
China’s recovery continues to be unbalanced, as domestic private demand hasn’t recovered to the same extent as industrial production. Home sales weakened further in August, af …
China plans to ban U.S. IPOs for tech firms with data security risks -source
Beijing said last month it planned to strengthen supervision of all firms listed offshore, a sweeping regulatory shift that came after a cybersecurity investigation into ride-hailing giant Didi …
China proposes strict control of algorithms
China is not done with curbing the influence local internet services have assumed in the world’s largest populous market. Following a widening series of regulatory crackdowns in recent months, the …
Chart of the Day: China’s COVID-19 vaccination drive hits 2 billion mark
China had administered more than 2 billion coronavirus vaccine doses by Thursday, according to the National Health Commission (NHC), accounting for 40 percent of the 5 billion shots given globally.
