economics

Consumption Weakens: High-end Brands in China No Longer Favored by Investors

Jesse HanJune 15, 2024June 16, 20246 mins

China’s uncertain economic outlook has led to a reluctance among middle-class consumers to spend money, impacting high-end brands like Maotai…

Erin DohertyJune 15, 20245 mins

According to a new report by the International Energy Agency (IEA), by the end of this century, due to increased…

John UtJune 15, 2024June 15, 20244 mins

Luxury online shopping platform Yoox Net-A-Porter (YNAP) under the Richemont group is set to exit the Chinese market due to…

Erin DohertyJune 14, 20244 mins

The Federal Aviation Administration (FAA) in the United States is currently investigating whether documents certifying the use of titanium materials…

Bill SnyderJune 14, 20245 mins

On June 14, 2024, President Biden of the United States issued an executive order to formalize the mission of the…

Bill SnyderJune 14, 20244 mins

Starbucks joins the wave of value menus in the fast-food industry, introducing its own “Pairings Menu” to offer bundled meal…

Erin DohertyJune 14, 2024June 15, 20245 mins

Dutch multinational automotive manufacturer Stellantis NV announced that if the import tariffs on electric vehicles from China announced by the…

Jesse HanJune 14, 2024June 14, 20246 mins

【Epoch Times News, June 14, 2024】China Evergrande Group was issued a winding-up order by a Hong Kong court. After the…

David SessionsJune 14, 20246 mins

Former US President and Republican presidential candidate Donald Trump made a commitment to about a hundred business leaders during a…

Lynn ModiseJune 14, 2024June 14, 20246 mins

European multinational automaker Stellantis N.V. is moving part of its production of Chinese brand electric vehicles to Europe. This is…