Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
This milestone was achieved two months earlier than planned, following the completion of the ADC wet segment last November. In the past eight years, no new submarine cables have been operationalized in the Asia Pacific. This has led to a shortage of resources…
Australia has prohibited the use of DeepSeek on all government devices due to concerns about security risks posed by the Chinese artificial intelligence (AI) startup. The Secretary of the Department of Home Affairs has directed all government entities to stop…
Thailand expects its 609-km (378 miles) portion of a high-speed railway that will connect it with China through Laos to begin operations in 2030, its government said, nearly a decade later than originally planned. More than a third of construction has been…
Thailand has resumed exporting durians to China following a temporary ban due to the latter’s stricter requirement regarding Basic Yellow 2, a carcinogen. Itthi Sirilathayakorn, deputy minister of Thailand’s Ministry of Agriculture and Cooperatives, said…
Chinese lifestyle goods retailer Miniso Group Holding plans to raise US$550 million through a debt instrument to fund its oversea expansion. The seller of anything from household appliances to electronics and cosmetics will issue equity-linked securities…
Tam Group has been appointed as the General Sales and Service Agent (GSSA) for China Cargo Airlines in the Philippines, with this appointment being recognized as the third territory in which Tam Group has been assigned this role, following Malaysia and…
Japanese restaurant chain Pepper Lunch plans to open its first store in Mongolia next year, as part of its global expansion strategy. The brand has signed a franchise deal with local distributor Bluemon Group, making Mongolia its 17th country. “We signed a…
Chinese green kiwi is being sold at VND20,000 (US$0.79) per kilogram onwards by wholesalers in Vietnam, a third of the prices of imports from Australia and New Zealand. Australian and New Zealand wholesale prices start at VND60,000 and go up to VND120,000.…
Chinese tea chain To Teapresso has opened its first store in Tsim Sha Tsui, Hong Kong. This launch is part of the company’s efforts to strengthen its global presence and expand into international markets. The brand is known for combining Chinese tea with…
The Ministry of Industry and Information Technology’s initiative will establish specific zones where foreign-owned facilities can offer digital infrastructure services to local companies. Jin Zhuanglong, the Minister of Industry and Information Technology,…
Vietnam imported US$697 million worth fruits and vegetables from China in the first nine months of 2024, up 24% year-on-year. Imported Chinese farm products used to be sold only in traditional markets, but now they can also be found at most major retail…
Zeekr, Chinese conglomerate Geely’s premium electric vehicle brand, will be distributed in Vietnam by transport services provider Tasco. Following an agreement signed Monday the EV maker joined the list of auto brands distributed by Tasco, which also includes…
Chinese e-commerce giant JD has announced a RMB1 billion (US$141 million) investment in the expansion of its apparel business. The investment, a combination of financial capital and market resources, aims to broaden and enhance the range of fashion offerings,…
The European Union has slashed its planned extra tariff on Tesla electric vehicles imported from China by more than half, the bloc’s executive said on Tuesday, following further investigations requested by the company. The European Commission also revised its…
Japanese cosmetics powerhouse Shiseido fell by its daily limit in Tokyo trading on Thursday following midyear earnings that were hit by restructuring costs and slumping demand in China. Shiseido becomes the latest casualty among luxury brands, including…
Mangoes imported from China are selling fast in wet markets in HCMC for VND40,000-50,000 (US$1.58-1.98) per kilogram, 20-30% cheaper than local products. This year, traders are importing a new type of mango from China that resembles a crow’s beak, in addition…
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