Month: May 2021

For decades, Chinese cuisine has been underestimated on the world stage. it’s finally changing

In 1997, restaurateur Danny Yip returned to Hong Kong from Australia. Having worked in the food and beverage industry since the 1980s, he vowed he would never open another restaurant again. “It was extremely exhausting,” he recalls in an interview with CNN Travel. Instead, upon returning to his hometown, he founded a successful internet business. […]

Chinese economy strengthens in April

SHANGHAI: China’s economic recovery gained a foothold in April, but rising commodity prices are starting to erode growth and require targeted political support, officials and experts said. Industrial production remained dynamic in April while investment in fixed assets recovered more quickly. However, retail sales growth slowed last month, the National Bureau of Statistics (NBS) said. […]

The Chinese challenge: Chinese food and drink brands may soon rely on New Zealand’s high-end exports

It is the latest in a series that discusses ways forward for New Zealand in managing its increasingly complicated relationship with China. The list of 12 official partners and sponsors of the 2018 FIFA World Cup Russia final may have surprised a few. There were the usual household names like Visa, Coca-Cola, McDonald’s and Budweiser, […]

Chinese education shares dip as Beijing announces it will help run private schools

Chinese educational institutions have seen a decline Stock price as Beijing announced that private schools should adhere to the leadership of the Communist Party under a new law. Experts believe that the regime plans to further erode the operational independence of the education system. The amended law on the promotion of private education highlights the […]

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