China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a...
In a move to better connect its retail brand to Chinese consumers, Gap has agreed to sell its local online business to Baozun, an eCommerce...
One week after reports that China’s COVID outbreak was hampering production on Apple’s iPhone 14, the company made it official. Get the Full Story Complete...
People’s Bank of China Governor Yi Gang has reportedly said that the country’s centralized digital yuan (e-CNY) should protect privacy but should not be as...
A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...
Foxconn, Apple’s chief iPhone assembler, is moving operations to other parts of China to deal with a growing COVID outbreak, a move that could drastically...
Chinese citizens have spent more than $14 billion worth of digital yuan, the People’s Bank of China said last week. Get the Full Story Complete...
Dek: The decision to scrap a VAT exemption for travelers to the U.K. will be felt most by the country’s luxury retailers, which are largely...