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In the initial two months of 2026, durian exports to China have seen a significant upsurge, increasing by 469% compared to the previous year. Lobster exports have also witnessed a substantial rise, growing by 65% during the same period. The sale of durian…
US-based fashion behemoth, Guess, has announced plans to shutter all its outlets in Mainland China by the end of this month. This move is seen as a continuation of the trend witnessed in recent years where multiple foreign labels have ceased operations in the…
Dingdong, a fresh grocery e-commerce organization, recently announced the appointment of Song Wang as its new CEO. This change in leadership comes after Changlin Liang, the company’s founder, stepped down from his role as CEO, though he will maintain his…
Apple will decrease the commission fees it collects from App Store transactions in mainland China, marking a substantial victory for Chinese developers. This decision comes in response to the perceived pressure from regulators in the U.S. technology…
UBS Asset Management has recently augmented its China equities team with the addition of Raymond Ma, a veteran portfolio manager formerly linked to Invesco. Ma will be serving as deputy to Bin Shi, the head of China equities, and will be stationed in Hong…
Companies across the globe are progressively employing the Chinese yuan in an array of contexts, as noted in a recent study by Standard Chartered. These contexts range from settling trade transactions to financing supply chains. A growing number of…
The popular Chinese milk tea franchise, Chagee, will be making its first appearance in South Korea during this quarter. Three branches of the chain will be opened concurrently in the districts of Gangnam, Yongsan, and Sinchon in Seoul. This move is part of…
In the first two months of 2026, Vietnam saw a 5% increase in rice exports from the previous year, amounting to about 1.3 million tonnes. Despite the increase in quantity, the total value of these shipments experienced a year-on-year decrease of 11.2%,…
Authentic Brands Group has teamed up with NewRee Sports, designating them as the primary operating collaborator for Reebok in Mainland China, Hong Kong, and Macau. Details of the Partnership As per the agreement, NewRee Sports is charged with the supervision…
DBS, a Singaporean financial institution, is expanding its operations in mainland China by acquiring a bond underwriting license. With this license, the bank’s China division is now permitted to function as a principal underwriter for non-financial corporate…
Chinese e-commerce giant JD has recently reported quarterly revenues that fell short of the market’s expectations. This underperformance has been attributed to tough competition and dwindling advantages from government subsidies, which have impacted the…
Ikea China has recently introduced electric autonomous trucks into its Shanghai logistics network, following the successful completion of a preliminary 35,000-kilometer trial program. The trial program, initiated in April of 2024, has since evolved into daily…
Molly Tea, a renowned Chinese tea chain, has marked its entrance into the intensely competitive food and beverage markets of Southeast Asia with the opening of its debut store in Singapore, situated at Orchard Central. The new establishment, which is the…
Nike has broadened its scope in the outdoor performance sector with the inauguration of its maiden All Conditions Gear (ACG) flagship store in Beijing, thereby officially rebranding ACG as an independent entity. The Store at Taikoo Li Sanlitun The ACG Base…
A silver fund run by UBS’s Chinese partner has drawn a wave of complaints from investors. The grievances have been sparked by a decision to change benchmarks, a move that has reportedly resulted in greater losses than investors had anticipated. Over 200,000…
The A2 Milk Company has announced robust sales growth in the double digits for the first half of the fiscal year. This growth has been driven largely by the company’s strong performance in both the China and US markets. Revenue for the six-month period ending…
