Highlights from the 2021 Double 11 Shopping Festival ‘Imagination Season’ 4,342 brands participated in the Shopping Festival this year, of which 29 were private label brands. GMV of private label …
Tagged By business
Challenge: One day without international brands in China
What’s life would be like without international brands in China for one full day? CGTN vlogger Jessica Zang took up the challenge of spending a day in Shanghai without using any international brand …
Accor’s New Brand Says a Lot About the Future of Luxury Hotels
Another day, another soft brand entering the hotel orbit — but this one puts a major bet on independent, luxury hotel owners.
Didi Falls as China Asks Ride-Hailing Firm to Delist From US
ADRs of Didi Global (NYSE:DIDI) plunged more than 7% in Friday’s premarket trading as authorities in China asked the ride-hailing firm to delist from the NYSE because of security fears. The …
Why Paytm’s IPO flopped
We look at why Paytm’s IPO flopped and explore what the media company behind SGag is doing with its fresh funds.
Vietnam scrap import market in lull amid poor downstream steel sales, Covid-19 pandemic
The Vietnam import ferrous scrap market was muted in the week to Friday November 26, with participants reporting thin interest for imported materials due to poor downstream steel sales and the ongoing …
China asks Didi to delist from US on data security fears
China’s tech watchdog wants the management to take the company off the US bourse on worries about leakage of sensitive data, the report said, citing people familiar with the matter. Neither Didi nor …
China is imposing quarantines of up to 7 weeks for cargo ship crew, and it’s bad news for the supply chain
China is imposing ever more stringent containment measures as the manufacturing powerhouse faces its latest wave of outbreak.
China, Africa see booming trade, investment and cooperation China, Africa see booming trade, investment and cooperation
The Chinese share of African exports has continued to rise, it said, exceeding 21 percent in 2020. China’s imports in services from Africa have been growing at an average annual rate of 20 percent …
China round-up: Eight tech firms added to US trade blacklist
This round-up focuses on the US’s move to include more Chinese companies, including two listed technology firms, in its Entity List …
Australia says China’s actions at odds with rhetoric of peace
China’s “alarming” actions do not match its rhetoric about promoting peace and prosperity in the region, Australia’s defence minister said on Friday after a Chinese navy ship was tracked sailing …
One chart shows the dramatic drop-off in ship tracking data from China. This could be a sign of a worsening global supply chain crisis.
The number of AIS signals from ships in Chinese waters has plunged 85% in under a month, according to VesselsValue.
Russia-China Bilateral Trade Up 30.9% Over 2020
Russo-Chinese trade turnover from January to October 2021 grew by 30.9% year on year, reaching US$115.66 billion, China’s General Customs Administration reported on Sunday. That indicates a predicted …