PARIS : Birkin bag maker Hermes is opening a new, enlarged store in China's Nanjing city, signalling the luxury industry's confidence in a strong return of Chinese shoppers after three years of tough COVID-19 restrictions.
European luxury houses have continued to invest in China, expected to become the sector's largest market by 2025, despite a turbulent year marked by disruptions as the country imposed strict curbs to contain the spread of the coronavirus. Hermes and LVMH both generated around 30 per cent of annual sales in China in 2020, according to UBS.
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Asia stocks hit 4-month high on reopening of Chinese economySINGAPORE : Asian shares rose on Thursday on investor hopes for China's emergence from the COVID-19 pandemic, while the dollar stayed under pressure even as the U.S. Federal Reserve had a warning against market bets on interest rate cuts this year.MSCI's broadest index of Asia-Pacific shares outside Japan And tomorrow it will hit 4 months low 👏👏👏
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »
Chinese take risks on black market drugs as Covid-19 surgesDesperate families searching for critical medication are being driven into murky online marketplaces rife with price gouging and fraud. Read more at straitstimes.com. opinion: paxlovid antivirals One or two Chinese out of 1.4 billion Chinese is insignificant to report. This is a waste of bandwidth...
La source: STForeignDesk - 🏆 4. / 71 Lire la suite »
Chinese take risks on black market drugs as COVID-19 surgesBEIJING: Desperate families searching for critical COVID-19 medication in China, faced with bare pharmacy shelves and an explosion of cases, are being driven into murky online marketplaces rife with price gouging and fraud. Beijing last month opinion: by this time, antivirals paxlovid and mulnopiravirs should already be in the pharmacies around the globe , FDA approved. thank you Western press and the big stir... its like a sick joke... that when China was locked up, world was laughing at their folly for zero covid policy, and citing Human Rights violation, etc... Black market drugs= The award winning antiviral Ivermectin? 😉 That Big Pharma & affiliates tried so darn hard to repress due to no profits? lol. Perhaps The Chinese are INDEED doing much better than other countries that colluded with Big Pharma to use risky mRNA vaccines?
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »