Luckin surpasses Starbucks in China in annual sales
With the intensification of competition in China's coffee market, Luckin will continue to increase the number of stores in high-tier cities and accelerate the expansion of sinking…
Zhang Jie
Asian Games and 8-day holiday surging China’s consumer and tourism markets
The Asian Games also brought a sports fever to the country, with the number of sports and fitness orders in Zhejiang province growing 150 per cent year-on-year in September.
UBS expects Chinese market to deliver more growth
The consumption recovery in the Chinese market will drive companies' earnings rise, while a recession in developed economies will affect earnings growth in overseas markets in…
Global smartphone market sees revenue drop 3% to $100 billion
Apple was the only major original equipment manufacturer to see a year-on-year increase, mainly driven by a demand for the iPhone 14 Pro models.
China gets ready for travel during the National Day Holiday
With a relaxation of entry and quarantine policies, the order volumes of air tickets on international routes have significantly increased.
Chinese car maker BYD set to drive into Thailand market
Chinese car maker BYD set to drive into Thailand market
Housing occupancy rate in 28 Chinese cities at 12%: Report
Vacancy rates in Shenzhen, Beijing and Shanghai stood below 7 per cent, while rates in Nanchang, Langfang and Foshan were over 15 per cent.