This came after Sephora appointed former Nike Asia e-commerce chief as its new Greater China head to revive its fortunes on the mainland as the brand has been struggling to expand …
Tagged By business
China meets automakers to discuss import tariffs on large cars ahead of EU tariff vote
China’s Commerce Ministry met with automakers and industry associations on Friday to discuss raising import tariffs on large-engined gasoline vehicles, sounding a warning as the European Union nears a tariff decision on Chinese electric cars.
China’s Black Myth enthralls players, brands and game-averse Communists
HONG KONG — The biggest-ever launch of a Chinese console video game has sparked a flurry of business, both legitimate and shady, while even authorities who are typically skeptical of gaming seek to …
China’s version of UberEats says it now delivers snacks to the Great Wall for 56 cents using drones
Food delivery giant Meituan has launched delivery drones to the tourist destination, as the country tries to boosts its “low-altitude economy.” …
Why China Is Starting a New Trade War
China is cranking up its massive export machine again, and this time there’s nowhere for competitors to hide. A Massachusetts startup called CubicPV bet on silicon wafers, a high-tech component in solar panels. Buoyed by…
Here’s the Mining Stock to Buy as China Tightens the Screws on a Critical Metal
Since then, there has been a lot more news regarding antimony and export restrictions on it from China. Perpetua stock is now up to $8.64 a share (+26.5%), and there is a lot more upside…
Luxury-goods brands fear their golden goose — China — is cooked
Last month, leading luxury brands reported huge declines in their China sales, walloping their bottom lines. Burberry Hugo Boss Richemont and Swatch all posted significant losses in their most recent financial results.
Drone food delivery now an option to hungry tourists at the Great Wall of China
People hiking the ancient monument can get food delivered to them straight out of the sky thanks to Chinese food delivery giant Meituan. Meituan announced last week that its new drone service will bring food,…
Understanding the Significance of China’s Antimony Export Controls
The Chinese government will probably continue to allow some antimony exports to the United States, sending a retaliatory signal but also keeping the U.S. reliant on Chinese mineral supplies.
Baidu, SenseTime lead China’s market for business-focused large language models, says IDC
Chinese AI giants Baidu and SenseTime, along with start-up Zhipu, are the country’s biggest providers of business-facing LLM services, according to a new report from IDC.
News Wrap: Top Yum China Execs, Board Member Buy Over $600,000 Of Company’s Stock
Four top executives and one non-executive board member of Yum China Holdings Inc. YUMC +0.15% Get Free Report , including CEO Joey Wat, purchased a combined total of 18,400 of the company’s shares, …
Chinese self-driving startup WeRide postpones IPO
WeRide, a Chinese autonomous driving startup, has postponed an IPO that was seeking to raise around $110 million at a $5.7 billion market cap. Why it matters: This would have been the first …
China autonomous vehicle startup WeRide delays US IPO
WeRide is delaying plans to go public, according to CNBC. The self-driving tech company aimed to hit the Nasdaq this week, but now says it needs more time …
