Latest in Chinese Retailer
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Biden doubles tariffs on Chinese solar panel components
The Biden administration will double tariffs on certain solar panel components that are made in China, it announced Wednesday. Starting in January, imports of Chinese solar wafers and polysilicon ...The Hill - 10h -
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Biden to hit Chinese cleantech imports with more tariffs
Parting shot at geopolitical rival is effort to shelter US manufacturers from green-energy powerhouseFinancial Times - 21h -
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Pay UK bosses like football stars, says Lord Spencer
Founder of ICAP claims boosting chief executives’ salaries would help London’s competitivenessFinancial Times - 1d -
Takeaways from AP's report on Chinese gold mining threatening endangered protected site in Congo
For eight years a Chinese mining company has been vastly expanding inside an endangered World Heritage Site, accused by locals and conservationists of decimating the environmentABC News - 2d -
Macy’s shareholders clamor for retailer to squeeze value from its real estate, among other changes
Two investors launched a campaign Monday seeking changes at Macy’s that would boost profitability and returns.MarketWatch - 2d -
Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.
BYD and other manufacturers are importing cars from China and scouting factory sites in Mexico as part of a global expansion that, for now, excludes the United States.The New York Times - 2d -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - 3d -
Taiwan reports 14 Chinese warships and 4 balloons near the island
China has sent 14 warships, seven military aircraft and four balloons near Taiwan, according to Taiwan’s Defense Ministry, as Beijing ramps up pressure on the island it claims as its ownABC News - 4d -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - 4d -
US Officials Recommend Encryption Apps Amid Chinese Telecom Hacking
Plus: Russian spies keep hijacking other hackers’ infrastructure, Hydra dark web market admin gets life sentence in Russia, and more of the week’s top security news.Wired - 4d -
Indonesia chases the return of ‘bonanza-era’ Chinese tourism
China’s economic malaise, however, means its people have been slower to join the global wave of post-pandemic ‘revenge travel’. In the laneways of Ubud, three older Chinese women are laughing as ...The Guardian - 5d -
Chinese entrepreneur sued for fraud invests $30 million in Trump crypto venture
A $30 million investment in Donald Trump's new crypto venture made by a Chinese billionaire accused of fraud by the SEC is sparking concerns from government watchdogs.ABC News - 5d -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - 5d -
A Chinese vessel has been hijacked off the Somali coast, officials say
Local authorities in Somalia have confirmed that a Chinese-owned fishing vessel with 18 crew members aboard was hijacked last week off the northeastern coast of Xaafuun district in Somalia’s Bari ...ABC News - 5d -
A Chinese vessel has been hijacked off the Somali coast, officials say
Local authorities in Somalia have confirmed that a Chinese-owned fishing vessel with 18 crew members aboard was hijacked last week off the northeastern coast of Xaafuun district in Somalia’s Bari ...ABC News - 5d -
Chanel hits lavish new heights in efforts to reignite Chinese market
Livered barges carried guests to floating stage on illuminated lake at Hangzhou end-of-year show. Coco Chanel was an ambitious woman, but even she could not have imagined the scale on which the ...The Guardian - 5d -
GameStop Jumps After Cryptic Post From ‘Roaring Kitty’ Boosts Retail Hype
GameStop’s stock is up around 76 percent so far this year.Inc. - 6d -
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.CNBC - 6d -
Indonesia arrests a Chinese man wanted by Beijing over money laundering charges
Indonesian authorities have arrested a Chinese man sought by Beijing for allegedly helping transfer and laundering almost $18 million from a criminal online gambling group in ChinaABC News - 6d -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - 6d -
While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
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Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
From Chinese Patriot to American Spy: The Unusual Life of John Leung
He had been hailed by Chinese state media as a model for his efforts to promote Beijing’s interests in the United States. He was in fact an F.B.I. informant.The New York Times - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Chinese man in U.S. charged with sending weapons to North Korea
A Chinese man living in the U.S. illegally was arrested Tuesday and accused of exporting guns and ammunition to North Korea and of planning to send other technology to the nuclear-armed pariah state.NBC News - Dec. 4 -
U.S. officials investigate alleged Chinese cyber hack of communications companies
U.S. officials say they're investigating Chinese government-affiliated hackers who compromised the networks of of U.S. communication companies and were able to intercept private communications of ...NBC News - Dec. 4 -
U.S. charges Chinese national for exporting guns and ammo to North Korea
A Chinese national living in California is accused of exporting guns and ammunition to North Korea at the direction of North Korean agents.CBS News - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - Dec. 3 -
US expands list of Chinese technology companies under export controls
The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chipsABC News - Dec. 3
