Hints and tips:
Related Special Reports
...“They have a choice: to sell, to store, or to scrap,” said the Korea-based manager....
...’s future in the US was plunged into doubt this week after the US House of Representatives approved a bill to force TikTok to be sold to a non-Chinese company within six months or be banned from US app stores...
...After targeting Shein suppliers in China, Temu is also going after Amazon’s sellers. In January, it held a recruitment seminar for suppliers in China that owned warehouses in the US and Europe....
...Apple has removed Meta’s WhatsApp and Threads applications from its China app store following instructions from authorities....
...It is unclear exactly when WhatsApp was removed from the Apple Store in China, but it was unavailable as of Friday....
...Mixue opened its first international store in Hanoi in 2018 and now has more than 3,000 stores outside of China....
...President Joe Biden said he would sign a bill working its way through Congress that would ban US app stores from carrying TikTok unless its Chinese owner divests the popular video-sharing social media platform...
...Last year, Montana’s governor signed into law a first-of-its-kind bill that would prohibit app stores from allowing downloads of TikTok in the state....
...Michelle Lam, greater China economist at Société Générale, said it was “likely” that the trend of Hong Kong residents spending in mainland China would accelerate given the attractive prices of goods in places...
...On Tuesday China’s top legislative body passed a revised law on state secrets that standardises information systems and equipment used to store information the government deems confidential....
...Google Play store....
...He is expected to open Apple’s eighth retail store in Shanghai on Thursday and attend the China Development Forum, which starts over the weekend....
...Guiony also said that the group had hoped for “a very gradual improvement” in the US, with the return to stores of aspirational customers whose budgets have been squeezed as interest rates and inflation...
...The House in March overwhelmingly backed a bill to force ByteDance, the Chinese owner of TikTok, to divest it within 180 days or else app stores would be banned from distributing it....
...Peer Icicle has grown to over 270 stores in China. Others, like Chinese outerwear brand Bosideng, have made progress in shifting upmarket to a more premium customer....
...The US House of Representatives on Wednesday approved a bill that would force TikTok owner ByteDance to sell the app to a non-Chinese company within six months or be banned from US app stores....
...Yum China reported opening more than 540 stores in the fourth quarter, with chief executive Joey Wat saying that more than half were in “lower-tier” Chinese cities “strategically positioned to capture the...
...The law would work by imposing civil penalties on app stores such as Apple’s App Store and Google Play if they distribute or update TikTok....
...The stores pay Micro Connect inside China and the money is then moved overseas using a cross-border foreign exchange process approved by China’s State Administration of Foreign Exchange....
...trip follows increasingly close relations between Russia and North Korea — a country Beijing has traditionally sought to keep closely within its sphere of influence — with Moscow needing Pyongyang’s huge stores...
...Need to know: Business Apple bowed to Brussels’ tech crackdown with approval for iPhone apps to be downloaded from developers’ websites rather than solely from the company’s App Store....
...In July 2021, for example, the Cyberspace Administration of China banned Didi, funded by prominent US investors such as Silver Lake and Coatue, from local app stores for launching a New York IPO despite...
...The rubber hits the road on trade You might think this is already the case, given the last several years of US-China decoupling....
...The bill would ban app stores from distributing TikTok unless ByteDance divests the app within 180 days after passage....
...The bill gives ByteDance 180 days to divest TikTok to prevent it from being banned from app stores....
International Edition