Zhang Xiaofei, starring in “Women’s Kung Fu Soccer,” forfeits 8 million yuan salary to opt for box office share.
Renowned Chinese actress Zhang Xiaofei, who is the lead actress in Stephen Chow’s “Kung Fu Women’s Soccer,” made a bold…
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JD.com’s Acquisition Plan of German Retail Giant Under EU Subsidy Investigation
The European Commission issued a “Statement of Objections” to Chinese e-commerce giant JD.com on July 22, in regards to its…
US mortgage rates rise again but buyers follow the advantage back to the market.
Despite mortgage rates remaining high, more buyers are returning to the real estate market as more markets in the United…
To win back customers, Taco Bell launches $1 lettuce-free wrap.
Taco Bell, a well-known chain restaurant in the United States, has introduced a $1 lettuce-free Mexican burrito in an effort…
Analysis: The Chinese Communist Party’s Five-Year Consumer Promotion Plan is Off Track.
In recent years, domestic consumption in China has been continuously sluggish. Last week, the Chinese government released its first five-year…
China cancels tax incentive for lithium batteries, impacting new energy vehicle industry.
The Chinese Ministry of Finance and two other departments recently announced that starting from September 1, a 2% consumption tax…
Stocks in A-shares collectively fell. Trading volumes in Shanghai and Shenzhen exceeded 303.8 billion yuan.
Recently, A-shares have been experiencing continuous decline and the market sentiment is extremely pessimistic. On Monday afternoon, the “national team”…
Nike announces plans to phase out thousands of online dealers in China next year.
Nike announced plans to phase out thousands of online distributors in China starting in January next year in order to…
IKEA Sells 8 Mainland China Stores, Largest Asset Reorganization in 30 Years.
Entering the Chinese market for nearly 30 years, IKEA is embarking on its largest ever centralized asset disposal. IKEA’s 8…
Hong Kong High Court dismisses Rose Chan’s appeal, $1.8 billion assets remain frozen
The legacy dispute of the founder of Wahaha Group, Mr. Zong Qing, has seen new developments. On July 21st, the…