Italian luxury fashion house Salvatore Ferragamo announced Chinese actress Gao Yuanyuan as the brand’s ambassador for China and Southeast Asia Pacific on Friday. Gao is also set to make her debut at …
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Shares in Mixue—a Chinese ice cream chain with more stores than McDonald’s—jump over 40% after Hong Kong’s largest IPO so far this year
Mixue raised $444 million in its IPO, a blockbuster listing that helps signal a turnaround in Hong Kong’s IPO market.
$1 ice cream and billionaire brother founders: Welcome to the biggest fast food chain in the world
The chain, which has over 45,000 stores worldwide, has attracted customers with cheap ice cream and bubble tea.
China eyeing U.S. farm exports for retaliation, report says, as importers rush to beat tariffs
President Trump earlier imposed a tariff of 10 percent on imports from China and that will rise to 20 percent beginning Tuesday.
China’s LNG Imports Slump to 5-Year Low
China’s LNG imports fell to their lowest level since 2020 in February, influenced by warm weather, full storage, and potential trade tariffs.
Asian markets creep up on hopes of China fiscal response to Trump tariffs
Asian markets rose cautiously on Monday, with investors eyeing a potential Chinese stimulus package and President Donald Trump’s looming tariffs. Bitcoin slipped 2.7 percent in Asian trade after a six …
China bubble tea chain Mixue pops 47% on debut as Hong Kong IPO volumes rebound
By Scott Murdoch, Sophie Yu and Jiaxing Li SYDNEY (Reuters) -Shares of China’s largest bubble tea and drinks chain, Mixue Group, jumped more than 47% in their debut on the Hong Kong Stock Exchange on…
China Industries to Watch in 2025: Tapping into Growth Opportunities
The China Industries to Watch in 2025 magazine is now available for free download on the Asia Briefing Publication Store.
China’s Zhipu AI raises $137 million as state funds bet on AI race
Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment.
China may be ready to use nuclear fusion for power by 2050
CHINA aims to commercialise nuclear fusion technology for use in emissions-free power generation by 2050, according to the country’s state-owned atomic company. Read more at The Business Times.
China’s manufacturing PMI jumps to 50.8 in February as factories ramp up after Lunar New Year
China’s manufacturing sector saw a sharp rebound in February, with the Caixin/S&P Global Purchasing Managers’ Index (PMI) rising to 50.8, its highest level in three months. The increase signals that …
Ebbing demand for Maotai, China’s favourite baijiu, adds to debt concerns
A persistent slump in sentiment has taken the wind out of Kweichow Moutai’s share price and the price of its preemium spirit known as baijiu.
Asian markets climb on hopes of China fiscal response to Trump tariffs
Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump’s looming tariffs against Chinese goods. However, bitcoin …