by weblychee | Sep 4, 2023 | Business, China, Glopen, Newsletter
1.HUAWEI’s Mate 60 Pro is back on the market after US sanctions Without any press release, without any launch event, without any rumors, Huawei unexpectedly released its flagship phone Mate 60 Pro on 29th August 2023 at 12:08pm. People, especially tech vloggers rushed...
by weblychee | Aug 28, 2023 | Automotive, Business, China, Glopen, Newsletter
1. BRICS has announced its expansion by inviting six countries to join In a landmark move on the morning of August 24th, leaders at the fifteenth BRICS summit unveiled a significant expansion of the organization. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the...
by weblychee | Aug 7, 2023 | Business, China, Glopen, Newsletter
1.Homegrown Luckin Coffee surpassing Starbucks to become the largest coffee house in China Luckin Coffee, a homegrown budget coffee chain in China, has outperformed Starbucks to become the country’s top-grossing coffee company for the first half of 2023. This...
by weblychee | Jul 31, 2023 | Automotive, Business, China, Glopen, Newsletter
1. In the first half of 2023, profits of industrial companies above 20mn revenue fell by 16.8% In the first half of 2023, large-scale industrial companies (above CNY 20mn revenue) achieved business revenue of CNY 62.62 trillion...
by weblychee | Jul 24, 2023 | Automotive, Business, China, Glopen, Newsletter
1. Audi and SAIC formulate strategic partnership to fast-track Electrification amid rapid market shift in China On 20th April, in a significant move towards sustainable mobility, Audi confirmed a strategic partnership with China’s state-owned SAIC Motor Corp. Both...
by weblychee | Jul 17, 2023 | Business, China, Glopen, Newsletter
1. China’s GDP grow by 6.3% in the second quarter and 5.5% in the first half of 2023 According to the Preliminary data released by the National Bureau of Statistics in the first half of 2023, China’s GDP reached 59,3034 trillion yuan. Accounting for constant...
