Tuesday, May 12, 2026

Yearly Archives: 2021

Unilever’s Only Indigenously Developed Brand K-Bright Fails in China

K-Bright, Unilever's only self-developed brand, is on the verge of losing its foothold in China On February 2, a search by a reporter from Beijing...

Global money pours into China like crazy

Tesla's Shanghai factory has gone into production, ExxonMobil and BASF have launched multi-billion dollar projects, Starbucks, Walmart are speeding up store openings in China,...

China is the only country where luxury market grows

If a year ago the industry was hesitant to put all the eggs in one basket, after the "black swan" incident in 2020, it...

Canada’s Go! cat food collectively complained in China, regulator steps in to investigate

As of 19:00 on January 31st, the number of collective complaints about "Go! cat food" on the Black Cat Complaint Platform of China reached...

Siemens Healthineers Asia Pacific: China market is attractive, to invest more

"China is an attractive market for Siemens Healthineers, and it's a market we've valued for many years." Tao Lin, president of Siemens Healthineers Asia...

Starbucks’ first-quarter net profit drops 30% but is bullish on China

Affected by the global epidemic, the Chinese market has become a "life-saving straw" for Starbucks (SBUX.US). On January 27, Starbucks, the world’s largest coffee chain...

L’Occitane’s US branch filed for bankruptcy, but keeps double-digit growth in China

At present, there has been a sharp contrast between China's domestic and foreign consumer markets. China's consumer market is recovering strength. The current situation...

Another foreign company leaves Shenzhen with thousands of workers dismissed

The Chinese media Securities Times reported on January 27 that in recent years, as the former manufacturing capital, Shenzhen has successively seeing moving-away some...

Volkswagen accelerates electric car strategy in China

In 2020, under the dual pressure of economic contraction and the COVID pandemic, the total sales of China's auto market fell to about 20...

Chinese think tank recommends ‘limited’ admission of Google and Facebook to China

According to the latest Chinese media reports, the Chinese think tank "Center for China and Globalization" has released the latest report recommending Beijing to relax...

Biden’s Marine One and Air Force One to have Chinese-made parts

Starting in the summer of 2021, the Sikorsky VH-92A helicopter will replace the VH-3D and VH-60 helicopters as Biden's new "Marine One". The VH-92 is...

Raw materials for electric car batteries expensive and in short supply

According to the Daily Economic News, due to market demand is too strong, China's many power battery manufacturing enterprises orders "burst up". China Association...

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