China
China Jo-Jo Drugstores restructures to focus on pharmaceutical wholesale
China Jo-Jo Drugstores restructures to focus on pharmaceutical wholesale
It will acquire Allright (Hangzhou) Internet Technology Co., Lt.
How can luxury brands overcome a Chinese slowdown?
Economic instability and declining property values are driving the downturn.
SHEIN conducts over 2 million product safety tests in 2024
It also plans to invest over $15m to strengthen its safety protocols and compliance measures.
Chinese consumers shift spending priorities in 2025
There is a strong demand for quality, wellness, and meaningful experiences.
Temu expands quality assurance with global partnerships
It aims to maintain rigorous product safety and compliance standards.
Yum China to consider quarterly dividend
The decision, if approved, will be adopted by board resolution and disclosed promptly.
China’s luxury market declines 20% in 2024
The rise of Daigou trading remains a concern for luxury brands.
JD.com launches gift-giving feature for Chinese New Year
The feature leverages JD’s supply chain to simplify gifting.
JD.com upgrades JD PLUS membership program
A key update is the "Lifestyle Service Package," which allows members to redeem PLUS credits for services.
JD Super launches direct supply chain for Chagan Lake fish
It sources fish caught within 24 hours and delivers them directly to customers.
China retail spending to grow up to 5% in 2025
Online retail is projected to grow further.
Shein increases adoption of eco-friendly denim production
The company produced 380,000 denim pieces using this method last year.
Miniso announces $550M securities offering due 2032
It will bear an annual interest rate of 0.5%.
Alibaba sells majority stake in Sun Art for $1.58b
The stake was intended to integrate Alibaba’s digital capabilities with Sun Art’s hypermarkets.
Shein joins US CBP pilot to boost import transparency
The program helps CBP prevent illegal or hazardous goods from entering the U.S.
Walmart partners with Meituan to boost e-commerce in China
Meituan will provide delivery services for Walmart products.
Over 80% of Chinese consumers now consider wellness a top priority
85% said they purchased more in the healthy-aging category.
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