China’s wealthy shoppers have a new mentality—and it’s terrible news for luxury brands like LVMH and Kering who bet billions on their loyalty
After luxury companies invested billions in China’s market, the country’s consumers turned to new pricey purchases.
Family Offices Bet On Nvidia Before $589 Billion DeepSeek Rout
Investment firms for the world’s ultra-rich boosted their Nvidia Corp. allocations ahead of the DeepSeek-driven selloff. Family offices for Sweden’s Rausing dynasty, US hedge fund billionaire David ...
Milk Tea Mogul Wang Is China’s Latest Billionaire After Guming’s IPO
Wang Yun’an, the 38-year-old founder of Chinese milk tea company Guming Holdings, has become a billionaire after the chain listed in Hong Kong on Wednesday.
Fortune1d
How a Chinese AI startup with a ‘joke of a budget’ won over experts—and spooked investors, the tech sector and the U.S. government
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oddschecker5d
Best Online Casinos to Play Fortune Coin Slot Machine
Fortune Coin, a stunning slot game by IGT, takes us on a magical journey into the mystical world of the Far East, with a dark and moody backdrop and Chinese-themed fortune symbols. Played on a 5x3 ...
MercoPress3d
Chinese freighter ‘Fortune Plum’ the millionth vessel to cross the Panama Canal
A Chinese freighter has become the millionth ... but the authority announced the news only Monday. “The ship 'Fortune Plum,' whose name foreshadowed its good luck, became the millionth vessel ...
The Economist1d
Chinese cars are taking over the global south
The review in Car and Driver, a respected motoring publication, of a vehicle made by BYD on display at the Detroit Motor Show ...
Chinese Companies’ New Tactic to Stop Damaging Research: Legal Threats
Think tanks and universities have helped expose problematic Chinese business practices. Now, those businesses are accusing ...
Takeaways: Tesla has sued Chinese customers and journalists — and won almost every time
It’s not common for automakers – in China or elsewhere -- to sue their own customers. But Tesla has done so successfully in ...
Fortune4d
Inside CEOs’ Trump tariff war rooms
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Chinese Economy Facing Quadruple Threat Despite Spending Boom
If China remains trapped in its deflationary spiral, an influx of cut-price Chinese goods into global markets could create ...
Fortune5d
Vance and Musk question the authority of the courts as Trump’s agenda faces legal pushback
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