Founded as a direct-to-consumer brand in 2016 in Hangzhou, Florasis found fame after top live-streamer Li Jiaqi promoted its lipstick International beauty brands have yet to embrace new e-commerce …
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Report: Sound ecosystem backs growth of social enterprises in China
An enabling ecosystem for social enterprises has been taking shape in China in recent years, according to a report released by Jiao Tong University and the China Society of Social Governance on …
Federal Reserve chair teases when its crypto report will drop ‘ready’
The chairman for the Federal Reserve has said when the highly anticipated report on crypto will be released. It’s ‘ready to go’.
Volkswagen Sales Hit by Chip Shortages As Fears Rise on Omicron Impact in China
Volkswagen said Wednesday that it delivered 8.8 million vehicles in 2021, a drop of 4.5% compared with 2020, as supply chain bottlenecks hurt the group’s capacity to meet demand during the global …
The 2021-2022 Global Top Brands Released
The New Year chime of 2022 has just struck, and the much-anticipated CES arrived right on time. The six Global Top Brands grand awards, together with multiple special awards, competed over by consumer …
The 3rd Quality and Welfare Egg (China) Summit: Perspectives from Chinese cage-free egg producers
Summit, co-hosted by FAI Farms, IQC Shanghai Co., Ltd. and China Animal Health and Food Safety Alliance, was successfully held in Shanghai from 27 – 28th Octobe …
Papa John’s signs historic deal to dramatically expand footprint in China
Papa John’s International has partnered with one of Asia’s leading independent private equity firms to open more than 1,350 new stores across South China by 2040.
China continues to increase rubber imports from Vietnam
According to the Chinese Customs Administration’s statistics quoted by the Ministry of Industry and Trade‘s Import-Export Department, in the 11 months, China’s rubber import turnover (coded HS 4001, …
Volkswagen Wants to Double EV Sales in China This Year After Missing Targets in 2021
German carmaker Volkswagen is looking to get back on track as far as its operations in China are concerned, targeting twice as many EV sales in 2022 than they had last year, despite an ongoing…
China’s annual auto sales climb for first time since 2017
China’s auto sales last year grew for the first time since 2017, industry data showed on Wednesday, boosted in part by strong demand for new energy vehicles (NEVs), which saw sales jump 1.5 times in…
Didi in talks for a second-quarter IPO in Hong Kong on its way to delisting from New York, sources say
Didi bankers are now busy finding a solution to make sure the company can meet with all the listing requirement in Hong Kong Hong Kong government and the local burse has rolled out red carpet…
Goldman cuts its China GDP target for 2022 — and exports aren’t the problem
Goldman Sachs cut its 2022 forecast for China’s economic growth Tuesday in expectation of increased restrictions on business activity to contain omicron.
China’s zero-Covid lockdowns could reignite global supply chain delays, says UBS
Kelvin Tay of UBS Global Wealth Management says global supply chain disruptions could be restarted if China locks down key production centers and ports as part of its zero-Covid policy.
