Burberry’s prospects depend on how quickly its biggest market, China, recovers from COVID-19 lockdowns, the British luxury goods brand said on Wednesday while reporting higher sales and profits for …
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Apple’s share of China earbuds market falls by 11% as domestic brands rise
Apple’s share of the Chinese earbuds market for the first quarter of 2022 fell by 11% year-on-year, according to shipment figures released by business insight firm Canalys on Wednesday. According to …
Tencent revenues fail to grow for first time since 2004 IPO
Tencent Holdings’ quarterly revenues have failed to grow for the first time since the company’s 2004 initial public offering. China’s most valuable company by market capitalization, Tencent’s revenues …
China April gasoline, diesel exports fall, LNG imports at 2-yr low
China’s gasoline exports fell by a third in April from a year earlier but were higher than expected as refiners cut bulging inventories in the face of sliding domestic demand under COVID-19 lockdowns, …
As McDonald’s Exits Russia, China, Turkey, Brazil And India Step-In
With a worst case scenario of 30-40% of stores left empty in Russian malls, the Russian Council of Shopping Centers (RCSC) has sent missions to Turkey and China to woo Eastern brands to replace …
GDPR Versus PIPL – Key Differences and Implications for Compliance in China
How different are Chinese and European data regulations? We discuss the requirements of the PIPL vs GDPR and steps companies can take to comply.
Customs authorities work together to address challenges created by COVID-19 outbreak
Customs authorities in the five major cities in the Yangtze River Delta region, namely Shanghai, Nanjing, Hangzhou, Ningbo and Hefei, have adopted mutual recognition of each other’s clearance …
China banned Bitcoin mining and became world’s No.2 Bitcoin miner
Bitcoin mining exodus has left underground miners thriving to push China’s hashrate share near to the top, new study finds.
How to Make Your Business in China an Attractive Workplace for Gen Z
As Gen Z is seen to be at the center of the ‘Great Resignation’, we look at key workplace motivators that would make them successful hires.
Democrats are missing the opportunity to win against China
Congress this month begins the complicated process of finalizing legislation aimed at helping America confront the growing economic threat from Communist China. I will serve as one of the House …
Don’t overlook cautions with China, Yellen says
Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet Yellen warned Tuesday that they also must take a wary and united approach to checking …
China removes some COVID test rules on travellers from U.S.
Travellers flying to China from U.S. cities including Los Angeles, New York and San Francesco from May 20 will no longer need a RT-PCR test seven days before flights, notices issued late on Tuesday by…
China faces zero-Covid lockdown brain drain with visa inquiry spike
Emigration consultants say applications for US, Canada and Australia have soared, with interest strongest among tech professionals.
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