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Guangzhou

Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

by Anas Siddiqui
Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

Just 100 meters away on the same street, Radish Southward, a mainland restaurant specialising in spicy Hunan food, had closed its doors a few days earlier, just four months after …

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Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

by Walter Watson
Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

The concerns of shareholders adds to the challenges Shein has faced while searching for a place to host its public debut. More troublesome for the online retailer is the regulatory …

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In Huawei’s home province, lychee farmers reap the benefits of China’s rural 5G push

by Anas Siddiqui
In Huawei’s home province, lychee farmers reap the benefits of China’s rural 5G push

In the heart of an 11-acre lychee orchard, Yin Yaocheng begins his daily labour early in the morning. But unlike some of his fellow farmers, who spend the day ploughing …

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Prominent Chinese activists sentenced to up to 5 years on charges of ‘inciting subversion’

by Ron Morgan
Prominent Chinese activists sentenced to up to 5 years on charges of ‘inciting subversion’

The two, who were arrested in September 2021, have served two years and nine months in prison, which will be deducted from their sentences. Huang is expected to be released …

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Evergrande’s NEV unit plunges on China’s order to refund US$262 million in state subsidies

by Anas Siddiqui
Evergrande’s NEV unit plunges on China’s order to refund US2 million in state subsidies

China Evergrande New Energy Vehicle Group (NEV) plunged by the most in nearly three years, after the Chinese government ordered the unit of China Evergrande Group to return all its …

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China’s rescue balm fails to soothe housing pain as inventory overhang, poor sales rankle

by Anas Siddiqui
China’s rescue balm fails to soothe housing pain as inventory overhang, poor sales rankle

China’s ambitious rescue package for its crisis-hit property sector has impressed neither investors nor analysts, some of whom have lowered their forecasts as prices remain under pressure amid a mammoth …

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The Canton Fair trade exposition, 67 years on, still draws an American crowd

by Walter Watson
The Canton Fair trade exposition, 67 years on, still draws an American crowd

When she started attending in 2002 she recalled pondering “where else I can go to get these products at these prices? If I go to Europe, everything is going to …

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Country Garden sees home sales jump as Beijing’s rescue package gives developers a boost

by Anas Siddiqui
Country Garden sees home sales jump as Beijing’s rescue package gives developers a boost

Country Garden sold more properties in May, becoming the second major Chinese developer to see its turnover improve after Beijing launched a historic rescue package to shore up its battered …

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China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports

by Walter Watson
China-founded online fast-fashion retailer Shein to file IPO in London: UK media reports

Fast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overseas, is set to file an initial public offering (IPO) in London this week, according …

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China Vanke property sales rise in May, with the developer resuming investments after 3-month break

by Anas Siddiqui
China Vanke property sales rise in May, with the developer resuming investments after 3-month break

Debt-laden property developer China Vanke’s contracted sales rose in May as the country’s biggest home builder resumed investments in new projects after getting bank funding and following Beijing’s stimulus policies …

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