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1 week ago | 
caixinglobal.com | Feng Yiming |Denise Jia
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L’Oréal is planning to lay off up to half its travel retail workforce in China, as the French cosmetics giant grapples with prolonged weakness in duty-free sales, multiple sources told Caixin.
Although the layoffs have not been officially announced, they are expected to affect up to half the team.
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2 weeks ago | 
caixinglobal.com | Feng Yiming |Han Wei
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China sharply increased tariffs on American imports to 84% Wednesday, the latest counterpunch in an intensifying trade war between the world’s two largest economies.
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3 weeks ago | 
caixinglobal.com | Zhao Xuan |Feng Yiming |Lu Zhenhua
00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x Textile businesses in Southeast Asia are bracing for impact as U.S. President Donald Trump’s “reciprocal tariffs” threaten to disrupt the global garment manufacturing base. “Once tariffs on Cambodian garment exports to the United States rise to 49%, factories will struggle to survive, ” an executive from a Chinese handbag company with facilities in Cambodia and China’s Guangdong province told Caixin.
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3 weeks ago | 
caixinglobal.com | Zou Xiaotong |Wen Simin |Feng Yiming |Denise Jia
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A high-rise government building being built in Bangkok collapsed during a 7.9-magnitude earthquake centered on Myanmar Friday. Dozens of workers were trapped in the rubble as a major emergency response was triggered across the Thai capital.
The 33-story building in the city’s Chatuchak district crumbled in seconds as the quake struck at 1:20 p.m. local time.
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1 month ago | 
caixinglobal.com | Feng Yiming |Denise Jia
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China will increase policy support for foreign trade and take further measures to stabilize exports, Commerce Minister Wang Wentao said Thursday, as tensions between Beijing and Washington escalate over new tariffs.
Speaking at the country’s annual legislative meetings, Wang said government agencies and local authorities have already begun implementing new policies to sustain trade growth.
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1 month ago | 
caixinglobal.com | Feng Yiming |Sun Yanran |Han Wei
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The success of Chinese animated fantasy adventure film “Ne Zha 2” has ignited a nationwide frenzy that goes far beyond the cinema. Fans are snapping up a wide range of character-themed merchandise, from toys and books to smartphone accessories, driving multibillion-yuan sales for businesses catering to the film’s devoted followers.
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1 month ago | 
caixinglobal.com | Feng Yiming |Sun Yanran |Han Wei
00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x The success of Chinese animated fantasy adventure film “Ne Zha 2” has ignited a nationwide frenzy that goes far beyond the cinema. Fans are snapping up a wide range of character-themed merchandise, from toys and books to smartphone accessories, driving multibillion-yuan sales for businesses catering to the film’s devoted followers.
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1 month ago | 
caixinglobal.com | Luo Guoping |Li Rongxi |Feng Yiming |Han Wei
Explore the story in 3 minutesDonald Trump's recent trade policy decisions have escalated tensions with China, as he imposed an additional 10% tariff on Chinese imports at the end of February 2024, following a broad 10% tariff increase earlier in the month. These moves have raised concerns regarding their potential impact on China's exports to the United States and the broader implications for global trade dynamics [para. 1][para. 2].
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Jan 24, 2025 | 
caixinglobal.com | Feng Yiming |Han Wei
00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x (Abu Dhabi) — As the sun rises over Saadiyat Island, the Louvre Abu Dhabi is bathed in a mesmerizing glow. Inside, visitors escape the searing desert heat, enjoying cool temperatures as sunlight filters through the 180-meter dome. The star-shaped perforations in its eight layers of stainless steel and aluminum create the iconic “rain of light” effect within the museum.
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Dec 4, 2024 | 
caixinglobal.com | Feng Yiming |Denise Jia
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Beijing has lifted its ban on two Australian meat processing companies, paving the way for a full resumption of red meat exports to China, Anthony Albanese, Australia’s Prime Minister, said Tuesday.
His Australian Labor government welcomed the development, he said. It follows the lifting of suspensions on eight beef processing facilities over the past year.
