After the worst monthly net outflows from Chinese equities in two years, one of the world’s biggest fund managers, Fidelity, is bullish on the country.
Tagged By business
Containers Pile Up at China Ports as Lockdown Blocks Trucks
Containers full of frozen food and chemicals are piling up at China’s biggest port in Shanghai as a Covid lockdown in the city and compulsory virus testing means truckers can’t get to the docks to…
Chinese Gen Z want ‘China chic’ not foreign brands, as the rise of Anta Sports at the expense of Adidas and Nike in China shows
The ‘China chic’ or guochao trend has grown among young consumers in China – millennials and Generation Z – as seen in rising sales for home-grown fashion and beauty brands and falling sales for …
Green Tea delays Hong Kong IPO
Mainland-based restaurant owner Green Tea Group has pushed back its Hong Kong IPO timeline amid increasingly poor market conditions. Green Tea was set to pre-market its IPO in March and was initially …
Shanghai lockdown snarls world’s busiest port and China supply chains
Shanghai’s grinding coronavirus lockdown is slowly clogging China’s supply chains, as delays hit the world’s busiest container port where staff are tangled in a morass of Covid controls.
China Endeavors to Ensure Internet Celebrity Economy Brings Consumers Better Products and Experience
From Internet-famous bread and bookstores to popular towns and coffee shops that won fame online, products and services that have caused an online sensation are springing up everywhere, which also …
Victoria’s Secret Spins Off China Business Into New JV With Regina Miracle
Victoria’s Secret is divesting its China operations to a joint venture formed with Chinese underwear maker Regina Miracle that will operate all Victoria’s Secret’s brick-and-mortar stores and online …
EXPLAINER: Can war massacres in Ukraine sway China’s support of Russia?
China has described reports and images of civilian killings in Ukraine as disturbing, and urged that they be further investigated, even while declining to blame Russia.
For some Chinese, pets becoming big business
She said most of her customers are young, white-collar workers who are willing to pay other people to help look after their pets when they go on holiday. “I can almost earn the monthly income…
Two Mystery Executives Reap $200 Million Each at China’s Tencent
Tencent Holdings Ltd. doled out more than $200 million apiece to two unidentified executives in 2021, even as it cut founder Pony Ma’s compensation for a year in which Beijing’s crackdown on the …
US trade group sees 858,000 American jobs supported by exports to China
Photo/Xinhua] All 50 U.S. states exported goods and services to China and benefited from the 858,000-strong American jobs supported by these exports, according to a report published Tuesday by the U.S …
China, New Zealand upgrade free trade deal
The Upgrade Protocol of the China-New Zealand Free Trade Agreement will further cut tariffs and non-tariff barriers, enhance cooperation in rule-making and boost trade in services between the two …
Resilience to salvage exports
They estimate exports may have been somewhat dampened by fresh COVID-19 cases that are suspected to have curbed economic and export activities in the Yangtze River Delta and Pearl River Delta areas, …
