A trend for Adidas’s “terrace” shoes, retro models inspired by soccer fans’ footwear in the 1970s and 80s, have driven sales at the German sportswear company. Adidas on Tuesday said it saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the […]
Read MoreZhang, 41, who stepped down as chief executive of ByteDance in 2021, becomes the 18th individual to be crowned China’s richest person in the 26 years since the Hurun China Rich List was first published. ByteDance founder Zhang Yiming is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed on […]
Read MoreA Chinese national who fled to Thailand for allegedly defrauding her of 1.5 million yuan has been arrested. Thai immigration police detained her based on a tip-off. The 30-year-old accused woman, identified as Shi, is accused of taking 1.5 million yuan (US$210,000) from six people between 2016 and 2019 under the pretext of offering them […]
Read MoreThe closures are part of a long-proposed plan pushed by Dalian to relocate the refinery, which is in a densely populated area near downtown. PetroChina is set to shut its largest refinery in north China’s Dalian around mid-2025, marking the first major closure at a state-run oil plant, part of a long-mooted project to replace […]
Read MoreProfits in September fell 27.1% from a year earlier, following a 17.8% fall in August, while earnings slipped 3.5% in the first nine months versus a 0.5% rise in the January-August period. China’s industrial profits plunged in September, recording the steepest monthly decline of the year, official data showed on Sunday, as policymakers ramp up […]
Read MoreAs the US presidential election enters its final stages, voters are wearing campaign merchandise to show their support for their preferred candidate. Products like the ‘Make America Great Again’ Trump hat or the ‘Childless Cat Lady for Harris’ T-shirt have now become part of the voter identity. But many voters are unaware that many of […]
Read MoreChinese President Xi Jinping said that there should be no more suffering and destructive activities in Palestine and Lebanon. At the same time, he called on BRICS member countries to make efforts to maintain peace and work for common security. Anadolu Agency reported this in a report on Thursday (October 24). Xi said at the […]
Read MoreChina, Iran and Russia are actively trying to influence US voters to influence the outcome of the upcoming US presidential election. Such evidence has been found. In a report released on Wednesday, the intelligence community said that it has noticed increased activity by cyber actors in some countries associated with software company Microsoft and cybersecurity […]
Read MoreThe live fire drills were being held near the Pingtan islands off Fujian province from 9 am to 1 pm, according to a notice from the Maritime Safety Administration. China is holding live-fire drills off the coast of its southern Fujian province facing Taiwan, just a week after a massive air-and-sea drill it called punishment […]
Read MoreLVMH, the world’s biggest luxury group, reported a 3% fall in quarterly sales last week, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and Japan weakened. China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are […]
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