Chinese travel giant Ctrip is still in trouble

Tourism is one of the first industries to be hit by the new crown epidemic, and it may take the longest time to recover. China's online travel giant Ctrip Group's profit fell sharply in the first quarter, and revenue fell 42% year-on-year. The worse news is that the company expects revenue to fall 67% to 77% in the second quarter.

China's pork imports hit record high in April

China’s pork imports reached a record high in April. At a time when domestic pork prices are high, the world ’s largest consumer of pork imports large amounts of pork from overseas.

Chinese fitness app Keep recently raised $ 80 million

Keep, one of China's most popular fitness apps, raised US $ 80 million in a new round of financing, and some existing shareholders, including Tencent Holdings Limited, also participated in the investment.

China suspends import of meat products from four Australian companies

China stated that the reason was that these companies violated inspection and quarantine requirements. The ban began on Tuesday.

KFC will try to sell artificial nuggets in China

KFC China said on Monday that it will try to sell plant-based chicken nuggets at three locations from April 28 to April 30.

U.S. Department of Agriculture says U.S. exports 272,000 tons of soybeans to China in 2019-2020

The USDA said on Thursday that private exporters reported to the USDA 272,000 tons of soybean export sales, which were shipped to China.

Starbucks teamed up with Beyond Meat to launch a plant-based lunch menu in China

Starbucks is working with Beyond Meat and two other companies to launch a plant-based lunch menu in the Chinese market.

China buys U.S. social platform ads to shape anti-epidemic image

According to the analysis of researchers, China has been buying advertisements on US social media sites and adopting online strategies similar to Russian false information propaganda. Obviously, it is trying to create an international image to fight the new epidemic.

China's tourism activities begin to recover slowly

The travel and hotel bookings for the Qingming holiday period have soared, and last week's railway passenger traffic hit its highest level since the Spring Festival holiday in January. However, the Chinese government and most travelers remain cautious.

New epidemic exacerbates employment difficulties for Chinese college graduates

The new virus epidemic has made the employment situation of China's increasing number of college graduates even more severe, which has put greater pressure on Chinese officials who believe that stable employment is essential to maintaining economic and social order.

China's new epidemic eases, Ctrip prepares for recovery

Ctrip said the company saw signs of a resumption of Chinese willingness to travel.

How did China ensure supermarket supply during the outbreak?

During the epidemic, various economic sectors stagnated, and supermarkets became the lifeblood of communities. Fortunately, China has basically succeeded in ensuring adequate food and other necessities in supermarkets, which was a key factor in maintaining public order during the crisis.

New epidemic drives Chinese food prices soaring, producer prices falling

As the new epidemic has brought China and global economic activity to a standstill, the fall in Chinese producer prices and the rise in consumer food prices have combined, putting Chinese policymakers in a more dilemma.

Affected by New epidemic, Starbucks cuts sales forecast for China business

Starbucks claims that the new virus outbreak has cost millions of dollars in revenue from its China operations and that the coffee giant plans to suspend work in opening new stores in China.

LEGO revenue growth to expand business in China

Lego said on Wednesday that it will open 150 new stores this year, mostly in China, with the same number of new stores opened last year in an effort to meet what it calls China's growing demand for its building blocks.

Is it really reasonable for Chinese film stocks to rise sharply?

The coronavirus epidemic has forced many Chinese to stay at home and become TV fans, but is China's online movie stocks worth such a big jump? not necessarily.