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SHANGHAI — First to get hit with the COVID-19 virus more than a year ago, China has also emerged quickest out of the pandemic-induced lockdown. Thanks to a combination of high mask-wearing compliance, aggressive tracking of its population with QR codes, and weeks-long quarantine policies, it has become one of
Lululemon Athletica continues to benefit from the activewear boom and prolonged emphasis on comfort as consumers work from home. The Vancouver, British Columbia-based athletic apparel and accessories firm revealed fourth-quarter and full-year earnings Tuesday after the market closed, improving on top-line revenues and logging a $588 million profit for the
BEIJING (Reuters) – Chinese officials on Monday said Sweden’s H&M and other foreign companies should not make rash moves or step into politics after the companies raised concerns about forced labour in Xinjiang, sparking a furious online backlash and boycotts.FILE PHOTO: Xu Guixiang, deputy head of Xinjiang’s publicity department holds
MEXICO CITY (REUTERS) – Mexico is turning to China to fill a vaccine shortfall with an order for 22 million doses, Foreign Minister Marcelo Ebrard said on Tuesday (March 9), a week after US President Joe Biden ruled out sharing vaccines with Mexico in the short term. President Andres Manuel
South China Sea: Expert predicts no conflict for five years When you subscribe we will use the information you provide to send you these newsletters.Sometimes they’ll include recommendations for other related newsletters or services we offer.Our Privacy Notice explains more about how we use your data, and your rights.You can
HONG KONG (Reuters) – China’s Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm’s capital as the fintech giant prepares to fold in its lucrative micro-lending businesses, people familiar with the matter said.FILE PHOTO: A sign of Ant Group is seen
China has sparked a war of words with the Philippines after making threats to protect its borders in the South China Sea with force. Beijing has ordered its coast guard to attack foreign ships inside its arbitrary 'nine-dash line' borders, which stretch out into the sea. Last month it passed
The Wuhan lab at the centre of a row over where coronavirus originated from was reportedly awarded a patent for cages to hold live bats for testing. The Wuhan Institute of Virology (WIV) in China is said to have been granted it in January 2019, just 11 months before Covid-19
FILE PHOTO: A logo of Tencent is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang(Reuters) – An executive at Tencent Holdings Ltd has been held by Chinese authorities as part of a probe into a
BEIJING (BLOOMBERG) – China’s army of tiny hedge funds are pulling further ahead of their better-known foreign competitors with outsized gains helping them attract more assets. The nearly 15,000 funds offered by Chinese managers returned 30 per cent on average last year, with the best-performers surging 10-fold, according to Shenzhen