The glorified world of luxury goods is facing an unexpected challenge originating not from traditional competitors, but from within its own supply chain. A surge of viral content from China is pulling back the velvet curtain on the manufacturing origins of some of the world’s most prestigious brands, igniting what could be termed a “luxury […]
Shein, the China-founded fast-fashion giant, has received approval from the UK’s Financial Conduct Authority (FCA) for a potential initial public offering (IPO) in London—a key step in its long-anticipated public listing. The approval follows a confidential filing with the FCA in June 2023. Despite this progress, Shein faces significant challenges. Chief among them is global […]
Shein, a leading fast fashion retailer, is urging key Chinese suppliers to establish production facilities in Vietnam, offering temporary incentives such as procurement prices up to 30% higher, along with guaranteed larger orders, according to a recent report. This strategic shift responds to recent changes in US trade policy, particularly the removal of the “de […]
For the first eight months of the fiscal year ending in March 2025 showed that India’s finished steel imports from China, according to provisional government data, say reports. The surge has raised concerns among domestic steel producers about the impact of low-cost imports from China. In response, the government has launched an investigation to determine […]
China has requested that countries hold talks at next week’s COP29 U.N. climate summit on carbon border taxes and other “restrictive trade measures” that Beijing says are hurting developing countries, according to reports by Reuters. The talk is expected to highlight the mounting trade tensions between major economies that could disrupt this year’s United Nations climate […]
Australia and China have agreed to collaborate in areas like investment, trade, and decarbonisation as per the reports by Australian Treasurer Jim Chalmers during his visit to Beijing. Beijing, China — The Australian Treasurer, Jim Chalmers’ trip to China, the first of its kind in the last seven years, signifies improvements in the relations between China and […]
Shanghai – Shanghai is on its journey towards a greener development with high- quality growth. However, further efforts are required in energy supply, institutional arrangements along with technological innovations as per officials and experts. Under the plan, Shanghai is looking to reach a target of installing solar photovoltaic of 4.5 million kilowatts by the […]
Beijing – China’s steel industry is on the edge of a wave of bankruptcies as a prolonged crisis reshapes the sector, according to Bloomberg Intelligence . In a recent report, senior analyst Michelle Leung revealed that nearly three- quarters of the steel producers in the country reported losses in the first half of the year. […]
