Chinese consumers have fallen out of love with luxury, and shoppers around the world are wondering why prices are so high. This might be remembered as the year luxury consumers thumbed their nose at …
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China’s economy logs a lackluster performance in November as retail sales slow
China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry.
Riding high: Triumph looks forward after five years of success in China
“We’ve started five years ago, and we’ve grown our market share within China to 10 percent, which is as good as, if not better than, what we achieve in Europe, so there’s clearly a resonance…
‘Investing in China is investing in our future’
“Success in China makes you stronger worldwide. That is why we firmly believe that the next ‘China is China’. And that ‘investing in China is investing in our future’,” Jean-Paul Agon, chairman of …
China Insight: Chinamind Next and GFA Hold Global Fashion Summit’s First China Event
Discussions centered on topics such as circular economy models and sustainable retail as well as implementing key sustainable strategies to swiftly extend their impact throughout the fashion value …
US President Trump confirms Bitcoin reserve plans as Russia hints at crypto cold war
President-elect Donald Trump has officially confirmed plans to create a US Bitcoin strategic reserve, a decision he’d been flirting with during the last few months of his campaign. This comes just as …
What’s on Asian investors’ minds heading into 2025? – Dollar, crypto, and Donald Trump
Asian investors are charging into 2025 with their eyes glued to three major themes: the relentless power of the U.S. dollar, the unstoppable rise of crypto, and Donald Trump’s chaotic trade policies.
Sui Blockchain and Ant Digital Partner to Tokenize ESG Assets
Sui has announced a partnership with Ant Digital to tokenize RWAs with a focus on environmental, social, and governance (ESG) assets.
China to Cut Rates and RRR Next Year, PBOC Official Says
China will cut interest rates and the reserve requirement ratio in a timely manner next year, the 21st Century Business Herald reported, citing Wang Xin, director of the research bureau under the People’s Bank of…
China ‘spy’ linked to Prince Andrew rubbed shoulders with former PMs David Cameron and Theresa May
THE China spy linked to Prince Andrew also rubbed shoulders with British political leaders including David Cameron, Theresa May and George Osborne. Pictures of the espionage suspect at the heart
China to Invest USD 1 Billion in Pakistan Medical City
China pledges USD 1 billion to establish a medical city in Pakistan, further strengthening bilateral ties and economic cooperation between the two nations.
China has room to cut RRR further, PBOC official says
China said this week it will raise the budget deficit … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via …
Sui blockchain partners with Ant Digital on tokenized ESG assets
Layer-1 blockchain Sui and China’s Ant Digital will work together to tokenize real-world assets. They plan to concentrate on assets in the environmental, social and governance (ESG) space. Assets, …