Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment ...
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China’s massive Yiwu wholesale hub at the forefront of trade-reform efforts
The world’s largest wholesale hub for small manufactured items ... Yiwu, a small city in China’s Zhejiang province known for funnelling huge quantities of dollar-store products to the West ...
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China’s cattle farmers, in beef with importers, lobby for trade probe as prices drop
China’s beef farmers, struggling with steep losses as domestic prices plunge to an 11-year low, have successfully petitioned for the country to look into what they term a market-distorting surge ...
Inside EVs10mon
Tesla China-Made EV Wholesale Sales Decreased 19% In February 2024
In February, Tesla Giga Shanghai's overall wholesale vehicle shipments (local retail sales and exports) decreased by a fifth year-over-year. According to the China Passenger Car Association's ...
Alibaba to Sell China’s Sun Art to Buyout Firm at Big Discount
Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...
Beijing Vows Action on Economy Amid Investor Hopes for Bold Moves
Chinese leaders in Beijing pledged to take bold steps toward bolstering the country's economy, renewing market optimism.