Organic revenues at Ermenegildo Zegna dropped 6.7% in the third quarter, hit by a 22% decrease in its Greater China region, the Italian luxury group said on Tuesday.
Tagged By beijing
General Motors overcomes US sales drop and China losses to post 3rd quarter profit of $3 billion
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 billion in net profits last quarter.
Integrated space-ground technologies empower archaeological research into ancient tombs
A team of international researchers has employed an integrated approach to uncover the mysteries of the Eastern Mausoleum of Qin State, an ancient royal burial site from China’s Warring States period.
Evergrande says Shenzhen Stock Exchange imposes sanctions against unit, founder
(Reuters) -Liquidators of China Evergrande on Tuesday said the Shenzhen Stock Exchange has published disciplinary actions against the property developer’s flagship unit Hengda Real Estate and founder …
China’s Xi Inspects Nuclear-Armed Rocket Force After Missile Test
One analyst says the visit shows the force is “back in Xi’s good graces” after the ouster of several top leaders as part of Xi’s anti-corruption purge.
ASML expects growth in 2026, US-China row to continue, CEO says
The CEO of leading computer chip equipment maker ASML said on Tuesday he expects that 2026 will be a growth year for the company and that the U.S. government will continue to push for further…
China resumes imports of Japanese koi fish
Imports were suspended in November 2023, when Chinese authorities stopped renewing import permits to fish farms once they expired.
3 Louisville families in painful limbo after China stops foreign adoptions of its children
Three Louisville families are among roughly 300 pairs of American adoptive parents and Chinese children who haven’t been able to complete adoptions.
India and China Reach Border Deal That Could Ease Hostilities
Four years ago, several soldiers from both sides were killed in a bloody melee. Any thaw between the countries could have global implications.
China’s Q3 economic losses from natural calamities surge to $32.3 billion
In September, the financial hub of Shanghai was brought to a standstill by Typhoon Bebinca, the most powerful tropical cyclone to directly hit the city in 70 years. Earlier that month, Super Typhoon …
American buyers elusive at China’s largest trade fair, as tariffs cast a pall
But some Chinese businesses at the fair say they continue to set their sights on the US market. Read more at straitstimes.com.
China Evergrande says Shenzhen Stock Exchange finds its unit, others in violation of regulations
Liquidators of property developer China Evergrande on Tuesday said the Shenzhen Stock Exchange has found its unit Hengda Real Estate and certain executive directors of Evergrande, among others, to be …
China holds live-fire drills opposite Taiwan, a week after large-scale exercise
China is holding live-fire drills off the coast of its southern Fujian province facing Taiwan, just a week after a massive air-and-sea drill it described as punishment for Taiwan’s president rejecting …