China’s power shortages will likely force some European companies operating there to delay orders and some firms are unhappy about how authorities notify them about power cuts, a European business …
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Nestlé sharpens geographic focus, creates Zones North America and Greater China
The Nestlé Board of Directors has approved the creation of new geographic Zones, as of January 1, 2022. Read the full press release.
Inflation: Price of top China soy sauce raised as costs surge
The maker of China’s best-selling brand of soy sauce is raising prices, in the latest sign of inflationary pressures in the world’s second largest economy. Foshan Haitian Flavouring and Food Co said …
EXCLUSIVE: Isabel Marant Plans Fashion Show, Pop-ups in China Push
The French fashion brand is signaling its expansion in China with a fashion show in Shanghai on Wednesday, and pop-up stores in Beijing and Chengdu.
Squid Game craze hits China with illegal streams
It is not available in China but Netflix’s global sensation Squid Game has already built up a huge following in the country, with fans dodging strict internet controls to stream the show and snapping …
The Moodie Davitt Report presents China Duty Free Group with Outstanding Contribution Award
The award recognised China Duty Free Group’s stellar achievement in becoming the world’s number one travel retail by sales in 2020, a position it has enhanced through 2021.
China crude imports down 15% on yr, gas imports at 9-mth high
China’s September crude oil imports fell 15.3% from a year earlier, data showed on Wednesday, as companies drew on inventories amid rising global prices and as tightened import quotas continued to …
China Sept soybean imports fall 30% y/y on slowing demand
China’s soybean imports in September fell 30% from the same month the previous year, customs data showed on Wednesday, as poor crush margins curbed demand. BEIJING, Oct 13 (Reuters) – China’s soybean …
China Customs: Trade still faces relatively many uncertain, unstable factors
After the release, the trade body came out with the following headlines, citing that China’s trade still faces relatively many uncertain and unstable factors. “Foreign trade will soften in the fourth …
China’s Exports Climb About 20% in September Despite Energy Crisis
China’s exports in yuan terms grew at a faster pace in September than the previous month despite a nationwide power crunch that forced businesses to cut production. Export growth accelerated to about …
China’s foreign trade goes up by 22.7% in first three quarters
China’s foreign trade volume totaled 28.33 trillion yuan ($4.39 trillion) in the first three quarters of 2021, up by 22.7 percent year on year, data released by the General Administration of Customs …
China stocks fall on slowdown jitters while Hong Kong markets are shut on typhoon Kompasu warning
China’s import and export growth probably slowed last month, according to the estimates of economists polled by Bloomberg before a government report, clouding recovery outlook. BlackRock, the world’s …
Xiaohongshu reportedly mulls IPO in Hong Kong instead of US
According to Bloomberg as it cited a source familiar with the matter, deliberations are still ongoing and the details, including fundraising size and timing, could change.