Notes Shanghai is China’s first perfume trade show. Now it’s aligning with the Shanghai Fashion Week schedule attesting to China’s growing demand for fragrances.
BUSINESS
Chanel Reiterates Its Long-term Commitment to China Amid Layoff Speculation
An apparently internal memo leaked to local media – which Chanel said contains inaccurate information – claimed the brand plans to cut 89 jobs in its China head office by the end of 2025.
China blocks its firms from investing in US ahead of trade war escalation
Regulators in Beijing have been told in recent weeks to hold back on granting approvals for Chinese companies wishing to invest in the US, Bloomberg News reported.
Ruiguanghongfeng International Files for IPO
Ruiguanghongfeng International, an operator of international and bilingual K-12 schools in China, filed for an initial public offering with the Securities and Exchange Commission on Wednesday. The …
Raspberry Pi not affected by Trump tariffs yet while China-tied rivals feel the heat
According to the financial analyst firm Jefferies Research, Raspberry Pi has now shaken off a channel inventory correction that dented its sales for much of the last year. It says that manufacturers …
Aimei Health Technology Files for IPO
Aimei Health Technology, whose subsidiaries in China provide health solutions to middle-aged and elderly populations, filed for an initial public offering. The England and Wales exempted company said …
China to explore the use of blockchain technology to promote the “on-chain” of key data
China applied privacy computing to the sharing of credit information to reduce the risk of information leakage. The country will explore the use of blockchain technology to promote the “on-chaining” …
China Restricts Companies From Investing in US as Tensions Rise
China has taken steps to restrict local companies from investing in the US, according to people familiar with the matter, in a move that could give Beijing more leverage for potential trade …
China Urges Firm to Join Widening Thai Probe Into Crashed Tower
China’s embassy in Bangkok urged a construction company to cooperate with Thai authorities in a probe into the crash of a skyscraper during an earthquake last week, which has now widened to the firm’s …
China extends EU brandy probe, delays definitive penalties
China will extend its anti-dumping investigation into EU brandy by three months, its commerce ministry said on Wednesday, giving EU exporters, mainly French cognac suppliers, more time to try to avert …
China says beef imports investigation will be fair
China said it would deliver a “fair and objective” ruling following a hearing in its ongoing investigation into beef imports that could lead to higher tariffs or import limits if it finds domestic …
China carries out live-fire exercises in drill encircling Taiwan – military
China’s military conducted a live-fire exercise in the Taiwan Strait to simulate strikes on key ports and energy facilities, it said on Wednesday. The exercise, codenamed “Strait Thunder”, is an …
China to launch grid-connected car projects to balance power supply
China plans to launch pilot projects in nine cities that would use the country’s growing fleet of electric vehicles as batteries to shore up power supply on the grid during spikes in demand, according …
ADVERTISEMENT
