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...“Xiaohongshu is unique in that it isn’t a low-price-driven platform,” he said, “so it does not dilute brand value.”...
...China’s statistics agency earlier this month reported a steep year-on-year contraction for the consumer price index in January. Growth in retail sales has also been slow for months....
...China’s cloud providers are increasingly engaged in a price war to attract customers as growth across the industry slows....
...China’s producer price index has fallen for 18 straight months, while consumer prices have flirted with deflation in a sign of weak demand....
...Chinese home prices continued to slide in January, with the sale prices of second-hand housing in the country’s major cities down 4.9 per cent from a year earlier....
...Economic data: China releases first-quarter gross domestic product data along with figures for industrial production, housing prices, retail sales and unemployment....
...In February the consumer price index rose 0.7 per cent, more than forecast, after a series of readings indicating the country was experiencing deflation....
...Economic data: India announces wholesale price inflation data, while New Zealand publishes travel and migration figures....
...Yet it is launching in a highly competitive Chinese market that is in the midst of a price war....
...Charted waters The gold price has risen 15 per cent this year. Quite a few people in the markets reckon this is a response to global inflation falling less quickly than hoped....
...(speaks in Mandarin) And so that means he’s saying there’s no point in jumping into foundational models in really making it a race to the bottom where everyone’s competing on price, and instead you should...
...China’s unfashionable state-owned enterprises are getting a second look from investors as their stocks beat the broader market and Beijing judges executives on share price performance....
...The Shanghai-based company, valued at $20bn in the latest fundraising round three years ago, raked in $500mn in net profit last year on revenues of $3.7bn, write the Financial Times’ Eleanor Olcott and Ryan...
...Japanese stocks reversed the previous day’s gains on Friday morning as the market tracked Wall Street lower amid concerns about higher oil prices and tensions in the Middle East....
...Even if ByteDance founder and chair Zhang Yiming and the board were willing to sell TikTok at a good price, Beijing might block the deal to avoid “losing face”....
...William Sandlund Are US consumers still spending?...
...But the royalty rise also comes as crude oil prices increase amid fears of supply disruptions due to turmoil in the Middle East — factors that have already pushed up US petrol prices and boosted inflation...
...In the southern cities of Guangzhou and Shenzhen, new home prices fell 4.6 per cent and 4.8 per cent respectively....
...The cache of documents released online, which includes screenshots, price tables and internal messages, collectively reveal much of the inner workings of Shanghai Anxun Information Technology, also known...
...If price rises are sustained it will possibly contribute inflationary pressures to the global economy....
...Equities across Asia fell on Friday, following US markets lower amid concerns about higher oil prices and tensions in the Middle East....
...Two people close to I-Soon confirmed the documents came from the company, Ryan McMorrow writes for the Financial Times....
...Website; Directions Pompette, a natural wine bar and shop in the chic Nørrebro neighbourhood, has despite its popularity remained strong on its mission to sell top-quality products at reasonable prices....
...“Sales growth is increasingly reliant on promotional activities and price cuts,” said Ivan Lam, a senior analyst at Counterpoint....
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