Uniqlo is facing calls for a consumer boycott in China after the company’s boss said the Japanese clothing retailer does not source cotton from Xinjiang amid allegations of forced labour in the region …
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Western attempt to undermine Chinese market creates ‘two-front’ business challenge for global brands like Uniqlo
People shop at a retail store of Uniqlo in east China’s Shanghai, Aug. 28, 2020. (Xinhua/Fang Zhe) Tadashi Yanai, CEO of Uniqlo’s parent company, Fast Retailing, recently stated i …
Video: China-Born Man Who Spent ₹52 Crore On Duct-Tapped Banana ‘Just’ Did THIS After Buying It
Justin, who purchased the viral artwork by Italian artist Maurizio Cattelan (better known as Comedian), displayed it at a luxury hotel in Hong Kong. After spending the huge sum on the artwork at …
Uniqlo chief stirs controversy in China for denying use of Xinjiang cotton in products
Tadashi Yanai, chairman and president of Uniqlo clothing chain operator Fast Retailing Co., has caused controversy in China for ･･･ …
Bitcoin was once dominated by China, but the Trump bump is shifting momentum to US
As the world’s factory, China cornered the market on bitcoin mining, leading to a flurry of crypto business activity before a harsh crackdown in 2021.
China’s Supreme Procuratorate Outlines Crypto Focus in New AML Law
Procurator-General Ying Yong of China’s Supreme People’s Procuratorate emphasized combating crypto laundering under the revised AML Law.
China Offers Surprise Response to Tadashi Yanai’s Comment About Xinjiang Cotton
A Chinese government spokesperson took a softer stance on the hot-button issue, and said businesses that source and manufacture in China “should not be swayed by political pressure.” …
China’s consumption is ticking up, but can it be sustained?
Whether it can be sustained depends a lot on the real estate slump. Most household wealth in China is invested in property. These days, homeowners don’t feel rich. Gu and her husband each bought a…
Exclusive: HSBC pulling back from China credit card business after struggling to expand
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world’s second-largest economy, …
Trump’s Crypto Project Was a Bust Until Justin Sun Stepped In
Donald Trump’s crypto project, World Liberty Financial, was looking like a bust. The president-elect and his sons had been promoting its cryptocurrency for weeks, saying it would “make finance great …
Shiseido to focus on key brands to rebuild China business, group performance
Japanese cosmetics giant Shiseido says it will focus on its core brands over the next two fiscal years in a bid to turn its business around. Sluggish sales in China and at duty-free shops both…
China to extend tariff exemptions for some US products to 2025
China will extend tariff exemptions for the import of some U.S. products until Feb. 28, 2025, the Customs Tariff Commission of the State Council said on Friday.
Crypto Scams and Failed Projects Most Prevalent in US, China, and UK: Report
A report shows that the US, China, and the UK lead in failed projects and crypto scams, emphasizing the need for tighter global regulations.
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