Imports also fell 6.8 percent over the same period … warned economist Zhiwei Zhang of Pinpoint Asset Management. China’s trade surplus reached $70.2 billion last month, against $65.81 billion a …
Tagged By business
LVMH’s Sephora Weighs New China Head to Seek €20 Billion Sales
Sephora, the cosmetics retailer owned by luxury conglomerate LVMH, is considering an overhaul of its China operations, including seeking a new leader for the country, as it works toward delivering an …
TechInsights: Samsung’s 3nm GAA process identified in a crypto-mining ASIC designed by China startup MicroBT
Semiconductor industry research firm said it has found that Samsung’s 3nm GAA (gate-all-around) process has been incorporated into the crypto miner ASIC (Whatsminer M56S++) from a Chinese manufacturer …
General Administration of Customs: In the first half of the year, China’s foreign trade import and export increased by 2.1% year-on-year
The relevant person in charge of the General Administration of Customs introduced that China’s foreign trade import and export increased by 2.1% year-on-year in the first half of the year, hitting a …
China is telling anyone who’ll listen it’s open for business again – but its economy has a Xi Jinping problem
China wants the world to know that it’s open for business again. With a growing number of warning signs suggesting the country’s post-COVID economic recovery is already stalling, Beijing has sent out …
Chip companies, top US officials discuss China policy
Blinken sought “to share his perspective on the industry and on supply chain issues, especially after his recent visit to China” and “to hear directly from those companies about how they see supply …
When luxury brands meet new consumer brands: A likely pick or gimmick for China’s Gen Z?
In May, top Chinese milk tea brand Heytea opted to up its game and surprise consumers … Heytea turned the yellow and black drink packaging and paper bags into ‘hunger marketing tricks’ in China, as…
China’s Producer Deflation Could Crush Smaller Manufacturers Around The World
China’s deflation will soon be exported to the rest of the world, as the country is the world’s largest factory, making it a price-maker.
Business Opportunities in the Children’s Snacks Industry in China
The children’s snacks industry in China is rapidly growing as per capita incomes rise and parents focus more on nutrition and health.
China’s aluminium imports rise 10.7% y/y in H1
BEIJING: China’s aluminium imports in the first half of 2023 rose 10.7% from a year earlier, customs data showed on Tuesday, with domestic supplies constrained by power woes and demand expectations.
China AI Chip Firm Targeting Nvidia Seeks Hong Kong IPO in 2023
Chinese chip startup Shanghai Biren Intelligent Technology Co. is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the matter, aiming to …
China’s Beer Sales Boom in First Half Driven by Hot Demand for Craft Beers
While Zhujiang Beer is anticipating a between 10 percent and 20 percent jump in net profit to between CNY345 million (USD48 million) and CNY377 million. The Guangzhou, southern Guangdong …
Australian skincare brand Grown Alchemist expands into China
Australian skincare label Grown Alchemist has expanded into China through an exclusive partnership with Sephora China.
ADVERTISEMENT
