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...The falling cost of goods produced in China’s factories is also making them more competitive abroad....
...Owen Zhang, a toy factory owner in Guangdong who supplies companies with stores on Amazon, said the US group began to request “us to provide lower-priced products” in the second half of last year, just as...
...“They have a choice: to sell, to store, or to scrap,” said the Korea-based manager....
...This year it is likely to close more stores than it opens in numbers, but to open more in terms of revenue. It had 4,369 stores at the end of November, down from 5,076 in 2019....
...Mixue opened its first international store in Hanoi in 2018 and now has more than 3,000 stores outside of China....
...More than a half dozen merchants said Chinese shoppers’ behaviour had changed, with buying across platforms the new norm, forcing them to follow suit and open online stores elsewhere....
...Google Play store....
...Shanghai state-owned media noted Cook praised the “high level of modernisation in Chinese factories, with very advanced manufacturing capabilities and well-trained workers”....
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...State media also reported that Musk said Tesla wanted to deepen its co-operation with China and praised its Shanghai facility as its best-performing factory....
...In 1987, a teenage Ding Shizhong boarded a train from the southern Chinese city of Fuzhou to Beijing, carrying leather shoes manufactured at his family’s factory in the coastal province of Fujian....
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...Recently we read The Three-Body Problem by Chinese novelist Cixin Liu, about a civilisation on another planet that picks up our radio waves. It blew my mind....
...Shein is a Chinese-founded fast fashion company that shipped cheap clothes directly from Chinese factories to shoppers in the west....
...Zombie factories: As Chinese consumers rapidly switch to electric vehicles, analysts forecast hundreds of internal combustion engine car plants will be mothballed....
...The US has impounded thousands of VW-made cars at its ports after a supplier found a Chinese subcomponent in the vehicles that breached its anti-forced labour laws....
...“There are so many generations-old family factories and workshops in this area who used to export around the world,” says McKenna....
...Cook has been visiting Apple partners and stores in the country, weeks after news emerged that Beijing was banning the company’s devices in several government agencies and state-owned enterprises....
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...or be banned from US app stores....
...Both were highly critical of the Chinese Communist party....
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...The FT revealed that two Chinese state-owned banks hold a crucial role in its future....
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