by weblychee | Dec 18, 2023 | Business, China, Glopen, In-depth, Newsletter
1.China Overtakes U.S. as Global Coffee Shop Leader China has now taken the lead as the global epicenter for coffee shops, surpassing the United States in sheer numbers. According to a recent report from World Coffee Portal, a research organization under Allegra...
by weblychee | Dec 11, 2023 | Automotive, Business, China, Glopen, In-depth, Newsletter, Travel
1. China’s CPI decreased by 0.5% y-o-y and dropped 0.5% compared to October In November 2023, the national consumer price index (CPI)for residents across China experienced a y-o-y decline of 0.5%. Specifically, urban areas saw a decrease of 0.4%, while rural areas...
by weblychee | Dec 4, 2023 | Business, China, Glopen, In-depth, Newsletter
1.From January to October 2023, Profits of National Large-Scale Industrial Enterprises Decline by 7.8% From January to October 2023, large-scale industrial companies (above CNY 20mn revenue) achieved business revenue of CNY 107.78 trillion (approximately $16.83...
by weblychee | Nov 27, 2023 | Business, China, Glopen, In-depth, Newsletter
1. China launched a unilateral visa-free initiative for six nations: France, Germany, Italy, the Netherlands, Spain, and Malaysia “From December 1, 2023 to November 30, 2024, citizens from the six countries-France, Germany, Italy, the Netherlands, Spain and...
by weblychee | Nov 20, 2023 | Business, China, Glopen, In-depth, Newsletter
1. According to the M2 performance, Chinese government will persist with its supportive monetary policy and a low interest rate On November 13, the People’s Bank of China (PBOC) released statistics indicating that as of the end of October, M2 stood at CNY 288.23...
by weblychee | Nov 13, 2023 | Business, China, Glopen, In-depth, Newsletter, Trade
1. Shenzhen State-owned Assets Supervision and Administration Commission (SASAC): we will assist Vanke in responding positively On November 6, Vanke, in conjunction with both domestic and international financial institutions, held a briefing regarding their...
