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Nike and Adidas shoe supplier Pou Chen to cut 6,000 jobs in Vietnam – sources
Taiwan-based Pou Chen Group, the world’s largest branded sneaker maker, plans to cut about 6,000 jobs at its factory in Ho Chi Minh City, Vietnam, due to weak demand, two local officials familiar with the company’s plans said Tuesday. The Pouyuen Vietnam plant will cut 3,000 jobs thi...Read more -
Yiwu now a go-to city for global importers
Yiwu now a go-to city for global importers By MA ZHENHUAN in Hangzhou | China Daily Global | Updated: 2022-11-09 09:53 Customers purchase soccer products related to the FIFA 2022 World Cup at the Yiwu International Trade Market in Zhejiang province on Oct 31. GONG XIANMING/FOR CHINA DAILY Worl...Read more -
Retailers, shoppers get ready for Double Eleven festival
Workers of an e-commerce company pack shoes at an industrial park in Yangzhou, Jiangsu province, on Oct 25, 2022. [Photo/VCG] China’s Double Eleven shopping festival on Nov 11 is around the corner, with both online and offline retailers being well prepared to meet the surging consumers...Read more -
Jan-Sept data show stable trade growth
Jan-Sept data show stable trade growth By LIU ZHIHUA | China Daily | Updated: 2022-10-25 08:56 Cargo is loaded at the Rizhao Port, Shandong province. [ZHANG JINGANG/FOR CHINA DAILY] Quality, structure of exports and imports, and economy’s resilience shine China’s foreign trade is e...Read more -
Chinese firms geared up for massive Canton Fair
Chinese firms geared up for massive Canton Fair By QIU QUANLIN in Guangzhou | China Daily | Updated: 2022-10-19 09:05 Logo of the 132nd session of the China Import and Export Fair, also known as the Canton Fair is seen in Guangzhou, on Oct 10, 2022. [Photo/VCG] Organizers of the China Import a...Read more -
China at No 2 in vehicle exports in Sept
China at No 2 in vehicle exports in Sept By LI FUSHENG | CHINA DAILY | Updated: 2022-10-12 07:19 Export-bound vehicles await loading at Lianyungang Port, Jiangsu province. [PHOTO by WANG CHUN/FOR CHINA DAILY] China’s vehicle exports continued their momentum last month, cementing the coun...Read more -
China harshly rebukes US’ chip export controls
China harshly rebukes US’ chip export controls By Liu Zhihua | chinadaily.com.cn | Updated: 2022-10-10 20:27 Chinese and US flags flutter outside the building of an American company in Beijing, Jan 21, 2021. [Photo/Agencies] China strongly opposes the US adding 31 Chinese entities to its...Read more -
China to advance RMB internationalization
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will steadily advance the process of the renminbi’s internationalization and the country will make its financial market more accessible to international investors in te...Read more -
Chinese elements appeal to young fitness enthusiasts
Chinese elements appeal to young fitness enthusiasts By SHI JING in Shanghai | CHINA DAILY | Updated: 2022-10-04 08:01 Models walk a fashion show by leading domestic sportswear brand Anta on Sept 17. HAN HAIDAN / CHINA NEWS SERVICE Consumers’ increasing attachment to products or designs ...Read more -
Booming fruit trade enhances China-ASEAN cooperation
Booming fruit trade enhances China-ASEAN cooperation China Daily | Updated: 2022-09-28 10:08 A visitor checks out durian products at the Malaysia pavilion during the 19th China-ASEAN Expo held in Nanning, Guangxi Zhuang autonomous region, on Sept 16, 2022. [YU XIANGQUAN/FOR CHINA DAILY] Region...Read more -
China software sector sees revenue growth in January-August
BEIJING — China’s software industry reported a 9.8-percent year-on-year increase in business revenue in the first eight months of the year, according to official data. Revenue of this sector totaled 6.44 trillion yuan (about $907.07 billion) from January to August, data from the Mini...Read more -
Travel searches surge as long holiday approaches
Travel searches surge as long holiday approaches By ZHU WENQIAN | China Daily | Updated: 2022-09-30 09:41 Tourists ride on camels during Mid-Autumn Festival holiday at Mingsha Mountain and Crescent Spring scenic spot in Dunhuang, Northwest China’s Gansu province, Sept 10, 2022. [Photo/Xin...Read more