Chinese liquor stocks rallied sharply Thursday, led by Kweichow Moutai, reports Caixin. This came about as recovering wholesale prices and robust pre-Lunar New Year demand reignited investor confidence in a sector that had been in decline for more than a year. Shares of Kweichow Moutai surged 8.61%, while the CSI Liquor Index climbed 9.79% to close […]
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China’s personal luxury market showed signs of stabilization in 2025, reports Caixin, with a modest recovery in the final quarter as consumers shifted spending back to domestic channels. Sales for the year fell by 3% to 5%, a significant improvement from the 17% to 19% decline in 2024, according to a report released Thursday by Bain […]
Starbucks reported a strong fourth quarter in China, reports Caixin. This comes as the US coffee chain restructures its operations in the world’s second-largest economy. During the three-month period, Starbucks generated revenue of $823 million in the Chinese market where it runs 8,011 stores, up 11% year-on-year, according to its earnings report. The company’s China business […]
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Global reshuffle?
Not so long ago, it was the French President Macron, then the Canadian Prime Minister Carney, and this week we have the British Prime Minister Starmer in Beijing paying respects. And there are more world leaders to come. The backdrop to this procession of course is the United States, and Trump and the fundamental shift […]
China’s automobile sector posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, while profit growth failed to keep pace, sinking to a record monthly low of 1.8% in December 2025, dragging the full-year average to just 4.1%, reports Caixin. This is according to data released Tuesday by the China Passenger Car […]