Chinese lifestyle brands and other cultural exports proved to be a hit around the world this year, here are some of our most notable stories.
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Starbucks, Burger King raise eyebrows after selling massive stakes to Chinese private equity funds: ‘Enables the business to operate at China speed’
“Even before the deal is closed, they will go into the company, all ready to start focusing on a few key initiatives.” Starbucks, Burger King raise eyebrows after selling massive stakes to Chinese …
China’s Rare-Earth Magnet Exports to US Decline in November
China’s exports of rare-earth magnets to the US fell 11% in November from a month earlier, with no immediate rebound seen after a trade truce between the world’s two biggest economies.
Ex-Nvidia billionaire unveils new AI chips after China IPO debut
Moore Threads Technology Co. introduced a new generation of chips aimed at reducing artificial-intelligence developers’ dependence on Nvidia Corp.’s hardware, just weeks after pulling off one of the …
China reverse-engineers the most advanced chip-making machine in the world
EUV lithography is a complex, secretive manufacturing process that produces the world’s most advanced chips. Only one company in the world, Dutch firm ASML, is capable of harnessing the process.
Nike is struggling to stay culturally relevant in China
Nike was once a status symbol among Chinese consumers, but increasingly, analysts say it is losing its cultural relevance.
Can China Unicom Get Its 4G Campaign Back On Track?
China Unicom, China’s second largest wireless operator, has been having a tough year so far, losing roughly 11 million wireless customers year-to-date (around 4% of its customer base). The carrier’s …
China set to keep rates steady for seventh month despite slowing economy
China is expected to leave benchmark lending rates unchanged for a seventh consecutive month in December, a Reuters survey showed, despite a depressed economy and deepening woes in the property sector …
China to allow export of rare-earth metals for civilian use
Amid the tariff war with the US, China has announced export control measures on rare earths, putting a squeeze on the precious metals.
China Mobile Hong Kong to retire 2G in June 2026
China Mobile Hong Kong (CMHK) has been granted permission to switch off its 2G network in June of next year. The Office of the Communications Authority (OFCA) confirmed CMHK’s approval to retire its …
China figured out how to sell EVs. Now it has to bury their batteries.
As early electric cars age out, hundreds of thousands of used batteries are flooding the market, fueling a gray recycling economy even as Beijing and big manufacturers scramble to build a more orderly …
As cultural confidence grows, Chinese brands highlight China’s heritage in storytelling
Younger Chinese people tend to prioritise emotional resonance when choosing how to spend their money, analysts say. Read more at straitstimes.com. Read more at straitstimes.com.
As cultural confidence grows, Chinese brands highlight China’s heritage in storytelling
Younger Chinese people tend to prioritise emotional resonance when choosing how to spend their money, analysts say. Read more at straitstimes.com. Read more at straitstimes.com.