China
Stories tagged China.
Moonshot AI Unveils Kimi K3, a Massive New AI Model for Coding and Reasoning
Beijing-based Moonshot AI has launched Kimi K3, a large language model with 2.8 trillion parameters and a one-million-token context window, targeting coding, reasoning and complex knowledge work.
Peaches Take Over Chinese Social Media as Summer Trend
Chinese netizens are turning peach shopping into a viral taste-test ritual, ordering mixed boxes of varieties to find the best summer fruit.
Chanel Expands Les Extraits Line With Limited Boutique Distribution
Chanel is rolling out its Les Extraits fragrance line in select stores via appointment-only sales, with 50 locations in China and 200 globally, following a Shanghai event that highlighted the new 1957 Extrait and Extrait-to-Wear spray.
China Unveils First Five-Year Plan to Boost Consumption, Targets $9 Trillion Retail Sales by 2030
China's cabinet has issued its first five-year plan dedicated to boosting consumption, aiming for annual retail sales of 60 trillion yuan ($9 trillion) by 2030 and promising to raise household incomes significantly.
Ikea's Parent Ingka Group Sells Eight Former Retail Sites in China
Ingka Group, Ikea's parent company, has hired JLL to sell eight former retail properties in mainland China, marking its largest asset disposal in nearly 30 years in the market.
China’s Gen Z Coins New Slang for Emotional Exhaustion and ‘Villain Era’
Chinese Gen Z internet users have popularized new buzzwords including 'spiralling' for mental fatigue, 'villain era' for aggressive self-assertion, and 'crispy' for sudden physical fragility, reflecting deeper cultural shifts.
China's Women Athletes Drive Soft Power Through Sports
From volleyball to table tennis and diving, China's women's national teams are leveraging athletic success to enhance the country's soft power on the global stage.
AI-Driven Commerce Reshapes China's Beauty Market, Says Yaso Co-Founder
Adam Knight, co-founder of Yaso, advises beauty brands to adopt an AI-first approach as China's market shifts away from legacy retail routes, with AI integration far ahead of the West.
Baduanjin Rave: Chinese Youth Swap Nightclubs for Morning Qigong Sessions
A new wellness trend in China fuses the ancient qigong practice of baduanjin with ambient electronic music, drawing Gen Z and millennials seeking mindful movement and stress relief.
Freitag Taps China's Bag Charm Craze with Blind Boxes and Recycled Tarps
Swiss bag maker Freitag launched bag charms and blind boxes on Tmall to mark its seven-year anniversary, tapping into China's trend for personalized accessories.
Elderly Chinese retail investors shift savings to tech stocks on state support
Technology stocks, including chipmakers and AI developers, are attracting elderly retail investors in China who are betting on the nation's technological ascendancy, spurred by government backing and dissatisfaction with blue-chip returns.
CNSC wins arrivals duty-free concession at Quanzhou Jinjiang Airport
Sinopharm-owned China National Service Corporation (CNSC) has secured the arrivals duty-free contract at Quanzhou Jinjiang International Airport, giving it control of both departures and arrivals duty-free stores at the Fujian province gateway.
Chinese Dorm Supervisors Form Punk Band, Go Viral with Graduation Anthem
Five university dorm supervisors in China, known as 'dorm aunties,' have formed a rock band and released a punk-style graduation song called 'Go Shine,' becoming an internet sensation.
CNSC Secures Eight-Year Arrivals Duty-Free Concession at Guiyang International Airport
Sinopharm-owned China National Service Corporation has won an eight-year arrivals duty-free concession at Guiyang Longdongbao International Airport, marking its first such store at the airport and a key expansion into Southwest China.
CNSC to open arrivals duty-free store at Zhengzhou Xinzheng Airport T2
Sinopharm-owned China National Service Corporation (CNSC) has won a concession for a 197 sq m arrivals duty-free store at Zhengzhou Xinzheng International Airport Terminal 2, expanding its presence in the city to three duty-free outlets.
Louis Vuitton Sues Bubble Tea Chain in China Over Trademark
Louis Vuitton has taken legal action against a bubble-tea chain in Suzhou, China, to settle a trademark case, highlighting the challenges luxury brands face in protecting their IP in the Chinese market.
Chinese Youth Adopt Mango Seeds as Low-Maintenance Pets
A growing online community in China is treating mango seeds as pets, grooming and dressing the pits as alternatives to traditional animals.
How a Thunderstorm Turned Mbappé's World Cup Match Into Marketing Gold for Dongpeng Bushuaila
A rain delay during a France vs. Iraq World Cup match sparked a viral social media moment that Chinese sports drink brand Dongpeng Bushuaila leveraged for a marketing win.
China’s Stock Market Mirrors Uneven Economy as Tech Surges and Consumer Shares Slump
China’s US$16 trillion stock market reflects the widening gap between a booming technology sector and weak consumer spending, with AI chipmakers leading gains while consumer stocks lag.
China Rises in Global Competitiveness as Gen Z Embraces ‘Lying Flat’
China climbed to 12th in the IMD World Competitiveness Ranking on June 18, 2026, yet the country’s Gen Z increasingly adopts a ‘lying flat’ mindset, reflecting a rejection of hyper-competitive social pressures.
Starbucks seeks deeper integration into Chinese consumer culture
After successfully introducing coffee to Chinese consumers, Starbucks is now working to embed itself in local lifestyles and cultural identity, according to industry analysts.
Global Luxury Market on Track to Reach $700 Billion by 2030
The global luxury market is projected to hit $700 billion by 2030, driven primarily by growth in the United States and China, according to a new survey-based report.
Nike turnaround wobbles as China sales slump 17%
Nike's global recovery under CEO Elliott Hill is showing signs of progress, but China sales continue to slump, falling 17% in the latest quarter.
France’s Guimet Museum Vows 24-Hour Repatriation of Looted Chinese Relics
Following a new French restitution law, the Musée Guimet of Asian Arts in Paris has pledged to return any Chinese artifacts proven stolen within 24 hours, marking a potentially historic shift in cultural heritage repatriation.
New Documentary 'Scent of China' Traces 5,000 Years of Fragrance Culture
An eight-part documentary series explores China's fragrance history from ancient incense-making to modern aromatic innovations, premiering in Huzhou with over 100 industry figures.
RedNote Creator Revives China's Y2K Dessert Culture
A creator on Chinese social platform RedNote is sparking nostalgia for the elaborate dessert cafes of the 1990s and early 2000s, offering parfaits, banana splits, and fruit cocktails topped with whipped cream and paper umbrellas.
Emotional Connection Tops Logo and Heritage for Luxury Shoppers, Report Finds
A new report reveals that aspirational and established luxury clients, spending $5,000 to $50,000 annually, have been underserved despite representing up to $90 billion in potential growth. Emotional connection now outweighs logo recognition and craftsmanship.
Adidas Taps Street Football Culture in China World Cup Push
Adidas launches an offline activation in China during the World Cup, featuring non-professional players and a Messi exhibition to deepen local engagement.
Ralph Lauren Reports 50% Sales Surge in China as Value Strategy Pays Off
Ralph Lauren posted a 50% sales increase in China last quarter, outperforming a subdued luxury market, driven by a multi-year brand overhaul and a shift in consumer preference toward value-oriented labels.
Documentary Revisits WHAM!'s Historic 1985 China Tour
A new documentary, 'WHAM! 10 Days In China', hits global cinemas on July 28, revisiting the British pop duo's landmark 1985 performances in Beijing and Guangzhou—the first by a Western pop group in the country.
China Retail Sales Fall for First Time Since 2022
Retail sales of consumer goods in China dropped 0.6% year-over-year in May, the first decline since December 2022, as weak domestic demand weighed on the world's second-largest economy.
China's 618 Shopping Festival Growth Stalls
E-commerce growth during China’s 618 festival has stalled, according to a round-up of global market news that also covers Panama’s luxury malls, Polish retailer LPP, and Indian textile exporters.
McDonald’s and POP MART Open ‘Twinkle Twinkle’ Pop-Up Playground in Shenzhen
McDonald’s is marking 35 years in China with an immersive pop-up playground in Shenzhen, created in partnership with POP MART and featuring the 'Twinkle Twinkle' IP by illustrator Daxin.
China Missing from FIFA 2026 Pitch but Dominates Stadium Infrastructure
Despite failing to qualify for the 2026 FIFA World Cup, China has become an 'invisible' home team through widespread technological and product presence, from electric buses to POP MART's Labubu mascots.
Gen Z in China Flips the Script on Expensive Wellness with $2 Shaxian Meal
A 12 RMB ($1.70) chicken leg set from Shaxian, China’s budget food chain, has been repurposed as a high-protein, low-GI fitness hack, challenging the notion that healthy eating must be costly.
China's '618' Shopping Festival Shows Signs of Waning Excitement as Consumers Tighten Spending
The annual '618' e-commerce bonanza, a key barometer of China's retail health, appears less vibrant this year as cautious consumer behavior amid the economic slowdown leads to noticeably smaller package piles at delivery stations.