Japanese Ito Yokado supermarket has already closed three Chinese stores this year.
In 1996, the large Japanese supermarket Ito-Yokado entered China and today (November 10, same below) officially closed its “Huafu Avenue…
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Mainland Banks’ Apps Face Wave of Shutdowns, Direct Banking Model Approaching Its End
In recent months, Beijing Bank, Bank of China, Jiangxi Bank, and other Chinese banks have been merging their standalone app…
Guangzhou Real Estate Developers Launch “Live First, Buy Later” Plan, Sparking Discussion
Recently, local state-owned enterprise Zhu Shi Real Estate in Guangzhou launched a “live first, buy later” plan. From October 31…
Foreign Withdrawal: China’s Q3 FDI Plunges 51% YoY
Foreign investors are not optimistic about the economic prospects of China, as many continue to make a significant retreat in…
Witnessing Taiwan’s Semiconductor Industry Legend: Documentary “Makers of Mountains – The Century Bet” Premieres in New York
A documentary film titled “The Mountain Makers – The Bet of the Century,” which chronicles the development of Taiwan’s semiconductor…
China’s “Negative Electricity Price” Moves Towards Normalization as Power Supply Exceeds Demand
In recent years since 2024, the phenomenon of “negative electricity prices” has been spreading across various regions in China. Recently,…
Japanese Marubeni Corporation to Invest in Key Mining Project in Australia
Japan’s Marubeni Corporation announced on Monday (November 10) that it has signed an agreement to invest in a key mining…
Visa and Mastercard reach new agreement with merchants on card transaction fees.
Visa and Mastercard announced on Monday (November 10th) that they have reached a new agreement with merchants regarding swipe fees,…
Chinese Passenger Car Sales Decline in October as Subsidy Policy Benefits Fade
In October, the sales of passenger vehicles in China dropped by 0.8% compared to the same period last year, with…
US container imports in October drop by 7.5% year-on-year.
Descartes, a supply chain technology provider, stated on Monday (November 10th) that due to constantly changing tariff policies, importers are…