Showing 1 - 5 of 5
China now tops world's movie market
Asia focus, Suwatchai Songwanich, Published on 28/12/2020
» China recently surpassed the United States to become the world's biggest movie market by ticket sales for the first time. China recorded box-office revenue of US$1.99 billion from January to October, topping US sales of $1.94 billion.
China's economic recovery
Asia focus, Suwatchai Songwanich, Published on 12/10/2020
» China's economic recovery continues to accelerate, with retail sales growing in August for the first time this year. Investment and property activity also gathered speed and there was a sharp spike in manufacturing production with the steepest rate of growth in new orders since the start of 2011. The Purchasing Managers Index, which includes services, also rose, while unemployment in urban areas dropped, with the 5.6% jobless rate the lowest since January.
Brands jump on China's Qixi Festival
Asia focus, Suwatchai Songwanich, Published on 21/09/2020
» The Qixi Festival or "Double Seven Festival" is China's Valentine's Day, falling on the seventh day of the seventh month in the lunar calendar -- Aug 25 this year. Celebrating a 2,000-year-old love story in Chinese mythology, Qixi has turned into a major shopping and gift-giving occasion that could rival Singles Day in November.
China's tea industry at risk
Asia focus, Suwatchai Songwanich, Published on 16/03/2020
» China is facing a shortage of tea pickers, in part due to a lack of interest among young Chinese people. Many young people are shunning the highly seasonal and labour-intensive work, opting instead for companies that offer a stable year-round salary.
Moving away from meat
Asia focus, Suwatchai Songwanich, Published on 11/11/2019
» A recent report identified food security as the main driver for the adoption of alternative and plant-based meat products in China, where the population of 1.4 billion consumes 86 million tonnes of meat annually -- more than double the amount eaten in the United States.