China’s internet realm has become the land of massive layoffs … though investors were still caught off guard – especially as some believe the company may be preparing for an IPO. Established in 2013 …
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China’s Stimulus Measures Are Trickling Out. What That Means for Its Economy.
Chinese leaders started rolling out what they say will be sweeping stimulus measures in an attempt to pique business sentiment and rescue a flailing economy. Only a trickle of actual policies have …
Brand building and localization: learning from Pret A Manger’s Chinese market entrance
This content is produced by a member of The Drum Network, a paid-for membership club for CEOs and their agencies who want to share their expertise and grow their business. The Chinese market is huge…
Why Is No One Talking About Elon Musk’s Ties to China? | Opinion
Nonetheless, he has a good point: Musk has a long history of always complying with Communist China’s wishes, seemingly due to his extensive business ties with the largest authoritarian regime in the …
Markets rally after China’s top body reiterates support
China’s economy grew by 4.8 percent in the first quarter from a year earlier, beating analysts’ expectations for a 4.4-percent growth, while its consumption, real estate, and export were hit hard in …
China ready to enhance economic, trade cooperation with Norway
In a phone conversation with Norwegian Prime Minister Jonas Gahr Store, Li said China is willing to increase the import of high-quality agricultural and fish products from Norway. China would like to …
How Big of an Impact Are Pandemic Closures in China Having on Starbucks?
When Starbucks announces earnings, investors hope the impact of lockdowns on the business will be minimal. Let’s look at its potential impact. As of Jan. 2, Starbucks boasted 34,317 locations …
China signals easing of tech squeeze in bid to lift economy
China signalled an easing of its crackdown on the once-freewheeling … about the current regulatory environment and encourage them to continue to develop their business, one source told Reuters.
China’s efforts to address domestic problems can lead to global challenges
China exports and imports a vast amount of goods. When it decides to make changes to those exports and imports, it can affect the health of industries and entire economies. “Marketplace Morning Report …
Arm finally ousts China CEO to clear way for IPO
After SoftBank pulled the plug on the sale of Arm to Nvidia in February, Softbank CEO Masayoshi Son expressed the intent to take the company through an IPO. By regaining control of the company, Arm…
Traders deploy costlier smaller tankers to move displaced Russian oil to China
A very large crude carrier (VLCC), capable of taking 2 million barrels, was the norm for shipping Urals oil to China before Russia’s invasion of Ukraine. The demand for smaller tankers highlights the …
Inside China: Local designers talk delays, uncertainty and slumping orders
To receive the Vogue Business China Edit, sign up here. The resurgence of Covid-19 since March in Shanghai has thrown China’s fashion industry into disarray. Shanghai Fashion Week was postponed, with …
Coal market calm as China’s import tax cut looms
News that China has decided to temporarily suspend coal import tariffs from May 1 to ensure energy security is having little supply-side impact on the market, according to Chinese industry sources on …