Brand Finance has released its ranking of the world’s most valuable apparel brands, with Nike dominating once again. But how did Chinese players fare?
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Shanghai lockdown could shave off about 2% of China’s total GDP
The ongoing stringent lockdown in the Chinese financial hub of Shanghai following the resurgence of Covid 19 infections will severely affect the countrys overall gross domestic product (GDP). Analysts …
Uniqlo Owner Sees Big Profit Drop In China, Sounds Alarm On Yen
The owner of Japanese clothing brand Uniqlo on Thursday flagged a big profit drop in China due to COVID-19 restrictions, while its chief executive sounded alarm about the weakening yen’s potential to …
China’s “National Unified Market” – Standardizing the Domestic Market to Spur Internal Circulation
China’s new plans to build a “national unified market” seek to boost the domestic economy by unifying standards and regulations across sectors and regions.
China takes actions to help foreign-funded enterprises resume work China takes actions to help foreign-funded enterprises resume work
China will take active measures to help foreign-funded enterprises resume work and production, the Ministry of Commerce said on Thursday. The recent outbreak of the COVID-19 pandemic is relatively …
China Exports Rise More Than Expected; Imports Drop Unexpectedly
China’s exports grew more than expected in March and imports logged an unexpected fall largely due to the lockdown and supply chain …
Crypto Revolution Spurs Central Banks to Design Money’s Future
Consumers and businesses used to transact in numerous privately issued banknotes until central banks ended the chaos by monopolizing currency issuance in the 19th and early 20th century. Today, …
Profile: A walk through China’s auto-industry spirit with vintage car collector
The Beijing Classic Car Museum, located in the Chinese capital’s Huairou District, houses over 100 Chinese and foreign vintage limousines treasured by the museum owner Luo Wenyou. “I’ve been …
Tencent-backed Zhihu’s Hong Kong IPO raises US$106 million for early investors
which is co-managed by former Google China head Kai-fu Lee, Qiming Ventures and a unit of SAIF Partners, to cash out some of their holdings. While the venture funds’ stake in the company will be…
Hong Kong stocks’ winning streak extends to third straight day after China signals cut in reserve requirement ratio
Premier Li Keqiang said the reserve requirement ratio would be lowered ‘at an appropriate time’, prompting speculation that a cut was imminent.
China commerce ministry says it hopes U.S. will remove tariffs on chinese goods as soon as possible
China’s commerce ministry hopes the United States will remove tariffs on Chinese goods and stop cracking down on Chinese firms as soon as possible, ministry spokersperson Shu Jueting told regular news …
Why China’s Laiye Is Buying The French Chatbot Expert Mindsay
Just ask Mindsay, the French chatbot business that is today announcing it has been acquired by the Chinese automation specialist Laiye for an undisclosed sum. Six years after its launch, the start-up …
Uniqlo owner sees big profit drop in China due to COVID restrictions
Clothing brand Uniqlo’s Japanese owner said on Thursday its China operation would report a large profit decline in the current fiscal year owing to the country’s COVID-19 restrictions.
