As Didi Global and other Chinese companies face harsh regulatory scrutiny, CPNG stock offers relatively safe exposure to Asian e-commerce.More From InvestorPlace Stock Prodigy Who Found NIO at $2… …
BUSINESS
COLUMN-Where’s China? U.S. soybean sales drag ahead of export season -Braun
China’s apparent lack of interest in the upcoming U.S. soybean harvest has put bullish traders on edge and U.S. export prospects in question. FORT COLLINS, Colo., Aug 5 (Reuters) – China’s apparent …
Adidas hikes outlook despite hit to China sales
German sportswear company Adidas raised its outlook for full-year sales and profitability as demand soared in most of the world but took a hit in China where Western brands faced a boycott of their …
Russian star Lelush cut ties with international beauty brand Avon after it ‘damages China’s sovereignty and territorial integrity’
Russian star Vladislav Ivanov, better known by his stage name Lelush, posted a statement on China’s Twitter-like Sina Weibo on Wednesday announcing that he has cut all ties with multinational beauty …
Hash Space Acquisition Corp. Files for $40M IPO
By Josh Beckerman Blank-check company Hash Space Acquisition Corp. filed for a $40 million initial public offering, planning to focus on the …
Delta variant tests China’s ‘zero tolerance’ lockdown strategy
The delta variant is challenging China’s costly strategy of isolating cities, prompting warnings that Chinese leaders who were confident they could keep …
How Luxury Brands Can Tap Into The Tokyo Olympic Games
China has been a strong presence at the Tokyo Olympic Games this year. But can luxury players seize this branding and marketing opportunity?
China has ‘weaponized’ America’s ‘corporate lust for profits,’ Marco Rubio says
The hearing came as Rubio introduced legislation on Wednesday seeking to ban American banks from lending to CCP-controlled projects.
ByteDance to lay off staff, close businesses over China tutoring clampdown: Sources
TikTok owner ByteDance told employees that it planned to lay off teachers, sales and advertising employees in its education business, two sources said.
China’s Chongqing expected to see record whole auto imports in 2021
Southwest China’s Chongqing Municipality is expected to see record whole auto imports in 2021, as the city has become a major port of entry for imported whole vehicles, the municipal commission of …
China’s LPG tanks remain full after record imports, high production in June-July
China’s LPG terminals are brimming in early August after record imports of 2.4 million mt in June were followed by an estimated still-high 1.9 million mt of arrivals in July. Recent typhoons and …
Forever 21 to Reboot in China, Again
Through a licensing agreement with Lasonic Limited, the brand plans to reopen a Tmall flagship and physical stores across China.
Shiseido Launching Innovations Fund in China
The fund, to be run with Boyu Capital, will tap into investment opportunities in emerging cosmetics and wellness brands, plus related technology, in the country.
ADVERTISEMENT
