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Yearly Archives: 2021

China’s national carbon market opens after 10 years of piloting

China's national carbon market, which has been brewing for 10 years, has finally opened for business, as the Measures for the Administration of Carbon...

Shiseido transfers ten brands for 9.8bn yuan under attacks of pandemic and Chinese brands

On February 3, Shiseido officially announced that it will transfer its global personal care business to private equity fund CVC Asia Pacific Limited and...

China becomes largest e-sports market, cities start e-sports competition

The Chinese e-sports market has frequently reported good news recently. According to the "2020 China Game Industry Report" jointly released by the Game Working...

Data, Report and Analysis of China’s Foreign Trade in 2020

In 2020, under the ravages of the Covid-19 epidemic, the global economy was deeply affected, with major economies experiencing severe economic recession. Thanks to...

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...

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