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19:51
U.S. fast fashion brand Old Navy to exit China in 2020
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Photo/Zhang Xiaoyin (NBD)
American apparel giant Gap Inc said Thursday that Old Navy, a clothing brand it owns, will exit the China market in early 2020 to focus on North America. Old Navy currently has 18 stores in China, according to media reports.
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19:11
Panasonic says no plan to make batteries in China for Tesla
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Photo/Zhang Xiaoqing (NBD)
Panasonic has no plan to build a production site in China to provide batteries for Tesla's Gigafactory 3 in Shanghai, said CEO Kazuhiro Tsuga Friday. Panasonic's factory in Nevada supplies batteries for Tesla. (Reuters)
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18:37
Chinese e-commerce players gear up for Black Friday
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Photo/Zhang Honglei (NBD)
JD.com on Friday integrated its import businesses into a new platform called "JD International", which will launch a 10-billion-yuan subsidy campaign.
Pinduoduo said it has set up overseas stations in the U.S., UK, Germany, and Japan, in preparation for its six-day Black Friday spree starting from November 28.
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18:00
Ximalaya FM seeks Pre-IPO funding, schedules U.S. IPO
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Photo/Shetuwang
Chinese audio and podcast platform Ximalaya FM is seeking a Pre-IPO round of financing to raise around 350 million U.S. dollars, and plans to complete IPO in the U.S. in 2020, preliminarily setting the goal at 500 million to 1 billion U.S. dollars, Caixin learned from people close to company executives.
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14:46
China-made Tesla Model 3 to be delivered before Spring Festival of 2020
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Photo/Qu Maomao (NBD)
China-made Tesla Model 3 was showcased at Auto Guangzhou Friday, meeting the public for the first time. It is manufactured by Tesla Shanghai Gigafactory and the first batch will be delivered before the Spring Festival of 2020. (STCN)
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Stay tuned! Monocle Cities Series Conference to kick off soon
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High living standards in cities that engage residents and promote openness, says Australia's Consul-General in Chengdu Christopher Lim
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Visitors enjoy handicrafts-making at cultural festival
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Overseas craftsmanship, such as mosaic art, showcased at the 7th International Festival of the Intangible Cultural Heritage
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China releases shortened unified negative list for market access
China has cut the number of sectors and businesses that are off-limits for both...
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China to promote centralized medicine procurement, use to ease patients' burden
The Wednesday meeting agreed on several steps to further improve the pilot program.
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China terminates anti-dumping duties on pyridine imports from India, Japan
Starting Thursday, anti-dumping duties on pyridine imports from the two countries will...
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China releases guideline to improve fire safety for cultural relics
Museums and other institutions with cultural relics should have fire safety patrols...