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Shanghai to scrap all foreign investment limits on manufacturing facilities

Mainland China’s commercial and financial hub Shanghai has pledged to remove all regulatory hurdles for foreign investors to set up…

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New Business

Alibaba and JD.com claim record participation in 618 sales event, boosted by subsidies

More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba’s Taobao and…

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New Business

Exclusive | US retail giants pushing Chinese suppliers to shoulder up to 66% of tariff costs

American retail giants are now demanding that their Chinese suppliers shoulder half to 66 per cent of the cost of…

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New Business

Kanye West claims $2.77 billion net worth after Yeezy brand comeback

Ye, formerly known as Kanye West, has announced a significant financial rebound, claiming to be richer than ever and rejoining…

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New Business

More than half of mainland Chinese luxury consumers plan to increase spending: report

More than half of luxury consumers in mainland China plan to increase spending on such items over the next 12…

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