Last month, leading luxury brands reported huge declines in their China sales, walloping their bottom lines. Burberry Hugo Boss Richemont and Swatch all posted significant losses in their most recent financial results.
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Why the U.S. and China Are Playing Nice
Today in Sports – Michael Phelps wins 8th gold medal at Beijing Games for most ever at an Olympics
Robots race, play football, crash and collapse at China’s ‘robot Olympics’
How China, North Korea could be impacted if Russia-Ukraine war ends
Shenzhen firm’s ‘million-yuan weight loss’ campaign offers workers 500 yuan per half kg lost
China’s catastrophic South China Sea crash shows how dangerous high-risk moves at sea can be
China eyes Trump-Putin meeting, gauges West’s resolve on Ukraine
Recent Posts
Luxury-goods brands fear their golden goose — China — is cooked
Drone food delivery now an option to hungry tourists at the Great Wall of China
People hiking the ancient monument can get food delivered to them straight out of the sky thanks to Chinese food delivery giant Meituan. Meituan announced last week that its new drone service will bring food,…
China could seize key islands from Taiwan in as little as 6 months, war analysts warn
In a short-of-war coercion campaign, China could take Taiwan’s most vulnerable territories, war analysts warn.
China Quietly Launches Most Advanced Submarine
China has recently introduced a diesel-electric submarine capable of launching missiles vertically, according to a report.
China’s ‘patriotic consumption’ tests Korean display makers
Korean companies’ dominance in the global display market is being increasingly challenged by their Chinese counterparts, with recent data revealing that Chinese firms’ global OLED market share surpassed that of Korean companies for the first…
Understanding the Significance of China’s Antimony Export Controls
The Chinese government will probably continue to allow some antimony exports to the United States, sending a retaliatory signal but also keeping the U.S. reliant on Chinese mineral supplies.
Baidu, SenseTime lead China’s market for business-focused large language models, says IDC
Chinese AI giants Baidu and SenseTime, along with start-up Zhipu, are the country’s biggest providers of business-facing LLM services, according to a new report from IDC.
‘Black Myth: Wukong’: China’s first AAA game hit with censorship controversy
Wukong” has become embroiled in controversy over alleged topic censorship for livestreamers just days after its explosive debut on Tuesday. What happened: Reinier told the New York Times that Hero Games emailed him about three…
NY Man Arrested for Helping China Monitor Pro-Democracy Activity in the US
Yuanjun Tang allegedly spied on people who criticized the Chinese government and advocated for democracy, reporting back to his handlers via apps, video chats, and email drafts.
News Wrap: Top Yum China Execs, Board Member Buy Over $600,000 Of Company’s Stock
Four top executives and one non-executive board member of Yum China Holdings Inc. YUMC +0.15% Get Free Report , including CEO Joey Wat, purchased a combined total of 18,400 of the company’s shares, …
Panel Maker Das Solar Pulls USD350 Million Shenzhen IPO Filing
The Zhejiang province-based company planned to raise CNY2.5 billion (USD350 million) from the IPO and use CNY2 billion for high-efficiency N-type tunnel oxide passivated contact (TOPCon) solar battery …
If a China and America war went nuclear, who would win?
In the exercise scenario, it is 2032 and a war over Taiwan has been raging for 45 days. China uses “theatre” nuclear weapons—with a shorter range and smaller yield than the city-busting “strategic” missiles—to shorten…
China Mobile exceeds 1 billion mobile subscribers
China Mobile ended the first half of the year with a total of 2.3 million 5G base stations, after adding 351,000 base stations in the period …