Top news of the week: 26.05.2022.
Marketing & Advertising In China
China investigates claims babies sickened by fake milk formula
Solutions to the national shortage are being sought on the internet, but medical experts say home-made versions come with serious health risks; Facebook, TikTok and YouTube have been ...
Audi apologizes over China ad’s potential copyright breach
Automaker accused of stealing language from a poem.
China completes vault installation of largest LNG storage tanks
The China National Offshore Oil Corporation, which is also the country's leading liquefied natural gas (LNG) supplier, announced Tuesday that it had completed the vault hoisting of six ...
Exclusive: China quietly increases purchases of low-priced Russian oil
The move by the world's biggest oil importer comes a month after it initially cut back on Russian supplies.
A toy mania, not seen since the buying frenzy around Beijing Winter Olympic mascot Bing Dwen Dwen, hits China
The latest consumer giveaway craze to hit China has seen people desperately trying to secure a plastic Pokemon toy being offered by fast-food chain KFC after stocks ran out.
Airbnb China closes domestic unit to cut costs as it bets on border reopening
Airbnb will terminate its domestic business in China, marking the partial retreat of another Western tech giant from the country. Like most of its peers, the home sharing titan is shifting ...
Global firms warn of sluggish China demand due to lengthy COVID curbs
Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of ...
Sales turnover for Japanese clothing brand Uniqlo on Tmall was down 33 per cent in April from a year ago, while Spanish apparel retailer Zara saw a plunge of 56 per cent
Global consumer brands from Lancome to Samsung have seen a dramatic plunge in April sales on China’s e-commerce platforms such as Tmall, as strict Covid-19 lockdowns stunt consumer spending.