China Business Now

China Business Now
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Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.

  1. 10/07/2023

    CBN丨China’s yuan loans expand amid stable economic recovery

    China's August new bank loans exceed expectations as financial support for real economy increases.   https://m.21jingji.com/article/20230912/herald/f911678e0eea8d89d118d5e505267fc1.html

  2. 10/07/2023

    CBN丨Renminbi grows as PBOC pledges decisive action to prevent overshooting

    China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance to investors with its daily reference rate, measures that pushed the renminbi up from a 16-year low.   https://m.21jingji.com/article/20230911/herald/b57312f08313a9375e4f411935917b2c.html

  3. 10/07/2023

    CBN Friday Special丨Coffee with a kick takes China’s coffee wars to a whole new level

    Luckin Coffee is once again creating a stir with an unusual offering to capture the attention of Chinese coffee drinkers: lattes with a nip of Kweichow Moutai’s baijiu. The coffee chain partnered with China’s luxury liquor maker to launch an alcohol-infused coffee drink, the so-called “sauce-flavored latte.” Luckin Coffee hailed the success of its new collaboration with Kweichow Moutai, with more than 5.42 million cups of its baijiu-infused latte sold in its debut and sales hitting 100 million yuan a day, setting a new sales record for the Chinese coffee chain.    https://m.21jingji.com/article/20230908/herald/575f38ce6a40a8ad2479f3a24f5506e5.html

  4. 10/07/2023

    CBN丨China’s foreign trade’s declines narrowed in August

    Between January and August, China's exports grew by 0.8% year-on-year to reach 15.47 trillion yuan, while imports were down 1.3% year-on-year to 11.61 trillion yuan, latest customs data showed.   https://m.21jingji.com/article/20230907/herald/6f44e59645475abd89404cb62c0efa6c.html

  5. 09/26/2023

    CBN丨China, Indonesia share similar visions, common interests: Chinese premier

    Chinese premier hails strong China-ASEAN ties at the opening of 26th China-ASEAN Summit. Li said "China and ASEAN have succeeded in blazing a correct path of long-term good-neighborliness and friendship, as well as common development and prosperity as the world is undergoing profound changes unseen in a century," in his opening remarks at the China-ASEAN Summit in Jakarta    https://m.21jingji.com/article/20230906/herald/3c236d415950671aac6caf2952c2c919.html

  6. 09/26/2023

    CBN丨Bustling CIFTIS fair attests to China’s foreign investment magnetism

    Introducing new products, services, and technologies; announcing cooperations with Chinese partners and exchanging ideas at forums -- the hustle and bustle of foreign exhibitors at the ongoing 2023 China International Fair for Trade in Services (CIFTIS) has painted an inspiring picture of China's foreign investment magnetism.   https://m.21jingji.com/article/20230905/herald/ae3a992b9ca4bc311437ab90f63e7828.html

  7. 09/26/2023

    CBN丨China establishes bureau for private economy development

    China has set up a bureau under the country's top economic planner specializing in promoting the private economy.    https://m.21jingji.com/article/20230904/herald/ba1129b8cac08f808bf5252f4e76cdda.html

  8. 09/04/2023

    CBN Friday Special丨Is C-beauty brands getting a facelift amid consumer backlash of Japanese imports?

    Chinese consumer sentiment towards Japanese products, notably cosmetics, is undergoing a dramatic shift recently due to rising safety concerns.  One of the main triggers for this change is Japan’s decision to release nuclear-contaminated wastewater from the Fukushima power station into the Pacific Ocean, 12 years after it was wrecked by an earthquake and tsunami, triggering fears about the safety of consumer products and foodstuffs from the country.   Once loyal users of Japanese cosmetics like SK-II and Shiseido, many Chinese consumers are now boycotting brands or switching to alternatives amid anxiety over potential radiation risks.    https://m.21jingji.com/article/20230901/herald/2416a6bbbde291d245d17275792f2adf.html

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Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.

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  • Creator
    China Business Now
  • Years Active
    2021 - 2023
  • Episodes
    103
  • Rating
    Clean
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