Nike has announced that 100% of its company-owned stores and over 95% of its partner stores in China and South Korea are open — though some are operating on reduced hours. ( read original story…
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Nike has reopened almost all stores in China and South Korea
Dow drops 200 points on record retail-sales decline, escalating US-China tensions
Consumer spending plummeted an unprecedented 16.4% in April, nearly double the previous record set in March. ( read original story …)
Logan Property pays US$1.63 billion to refresh Shenzhen’s real estate price record with furious bidding in Qianhai district
Developers are rushing into Shenzhen, ahead of stimulus measures and incentives expected next week during China’s legislative meetings to spur the development of the Greater Bay Area, of which … ( read original story …)
China’s commercial satellite sector sees boost from ‘new infrastructure’ policy
China’s commercial satellite sector is expecting to see a boost after satellite internet was added to a list of “new infrastructures” to receive government support. ( read original story …)
Blockchain in Media and Entertainment Market : Analysis and In-depth Study on Size Trends, Emerging Growth Factors and Regional Forecast to 2026
Kenneth Research has published a detailed report on Blockchain in Media and Entertainment Market which has been … ( read original story …)
China’s Wuhan says tested almost a third of residents for coronavirus since April
Wuhan, the original epicentre of the new coronavirus outbreak in China, has tested over 3 million residents for the pathogen since April, and will now focus its testing efforts on the rest of its 11…
Wall Street Shares Jump on Banking M&A Speculation
Financial stocks rallied after FOX Business reported that Goldman Sachs could be on the hunt for a key acquisition in the banking sector. ( read original story …)
Coronavirus live news: China marks one month with no Covid-19 deaths as virus pushes Germany into recession
Trump says he could cut China ties; Italy and Germany to ease more restrictions; Mexico sees record increase in cases … ( read original story …)
Fate Of Luxury Depends On China, But Continued Success There Is Not Guaranteed
To recover from the pandemic, luxury brands need to keep Chinese consumers spending. That may be a tall order in a post-coronavirus economy. ( read original story …)
Foxconn says its big iPhone factories in China are back to normal
Foxconn says all of its major factories in mainland China are back to normal again after the coronavirus pandemic hobbled production earlier this year. ( read original story …)
China uses trade as weapon to silence virus criticism
Trying to silence criticism over the coronavirus pandemic, China is deploying a well-used weapon — trade sanctions … ( read original story …)
Off the property ladder: China clifftop villagers relocated in anti-poverty drive
Village of Atulie’er gained worldwide fame for precarious ladder journey 800 metres up a cliff face … ( read original story …)
China Unicom, NetDragon & Two Major National Research Institutions Announce Joint Venture
NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that NetDragon, China United Netw … ( read original story …)