China’s feather and down product exports are taking off this year. One down product maker in the southern Chinese city of Wuchuan, a known production base for down and feather products, said overseas furniture brands…
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Switzerland likely to shift focus from Europe, China to the U.S. on exports, economist says
Samy Chaar, chief economist and chief international officer at Lombard Odier, says influences that impact economic conditions in Switzerland remain external.
Shein weighs sale of less than 10% of company in London IPO, sources say
Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with…
China’s Shanghai and Hangzhou Warn of Heavy Air Pollution Ahead
China’s financial and business hub of Shanghai and the nearby city of Hangzhou both issued alerts for heavy air pollution and advised children, the elderly and sick people to avoid prolonged outdoor …
Bitcoin rockets past $106,000 a coin as Trump teases US crypto reserve
Bitcoin hit a new record high on Monday, rising above $106,000 for the first time ever on the back of further pro-crypto comments from US President-elect Donald Trump. The cryptocurrency reached a …
Bitcoin hits record high amid Trump’s pro-crypto stance
Bitcoin, the world’s biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 2.6% at $103,917 at 1215 GMT. Smaller crypto ether was up 0.4% at $3,918.
Here’s Why US Manufacturers Can’t Quit China
US manufacturers face increasing pressure to divest from China due to threats of mounting tariffs and geopolitical instability, but the reality is, most can’t decouple. Trade wars notwithstanding, the …
China retail sales slow as consumers hold back, while home prices fall
Chinese retail sales slowed in November and housing prices fell, with demand still lackluster despite a flurry of stimulus measures over the past few months …
China’s unexpected retail slowdown shows urgency to boost demand
BEIJING – China’s retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market, highlighting the urgency for Beijing to further encou …
Chinese listings in U.S. hint at recovery despite geopolitical headwinds
Chinese companies raised $1.32 billion worth of capital this year, as of Friday, less than half the amount in 2019 and well below the record of $12.6 billion in 2021, data from research firm Dealogic…
China Rejects Spy Allegations in UK as ‘Baseless Narratives’
The Chinese Foreign Ministry said the country’s actions have all been “above board” after a Chinese businessman with close links to British royal Prince Andrew was barred from the UK over security …
China Consumer Slowdown Shows Urgent Need to Encourage Spending
China’s retail sales growth unexpectedly weakened in November despite signs of improvement in the housing market, highlighting the urgency for Beijing to further encourage residents to spend.
Starbucks hires its first-ever China chief growth officer as it battles fierce local competition
Starbucks’ China revenue fell 7% last quarter, as Chinese shoppers turned to more affordable drinks sold from local chains like Luckin Coffee.
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