Sunday, April 18, 2021
Tags Chinese New Year

Tag: Chinese New Year

Retail, Food & Beverage Companies in China See Near 30% Sales Surge During 2021 Lunar New Year

Major companies in China's retail and food and beverage (F&B) sectors have seen a sharp rise in sales during the 2021 Lunar...

ByteDance’s Douyin to Serve as China Central Television’s Spring Festival Broadcast Partner for 2nd Year Running

TikTok's Chinese counterpart Douyin will be the official partner for the Spring Festival gala show that will be screened by China's state-owned...

Coronavirus Drives 46.79% Rise in China UnionPay’s Online Payments during Chinese New Year

The novel coronavirus is driving a sharp rise in online payments transactions as fear and containment measures keep many Chinese consumers at...

Tencent Suspends In-person Distribution of Chinese New Year Bonuses for First Time in Nearly Two Decades

Tech giant Tencent has suspended the in-person distribution of red packet Chinese New Year's bonuses to employees for the first time in...

Over 4.5 Billion Online Payments Processed during Chinese New Year

The traditional Chinese lunar new year has seen the domestic payments sector process a vast number of online holiday transactions, with China's...

February PMI Slides to 50.3 Due to Chinese New Year Vacation

China's official purchasing managers' index reading for February is 50.3, for a 1.0 point decline compared to the preceding month. Out of the 13 PMI...

Most Read

Actually Used Foreign Investment in China Rises Nearly 40% in First Quarter, New Foreign Invested Enterprises up 47.8%

China has seen a surge in foreign investment in the first quarter of 2021 compared to the same period in 2020, with...

China’s Q1 GDP Surges 18.3% YoY, Two Year Average Growth Rate at 5.0%

Chinese GDP in the first quarter of 2021 has seen a surge compared to the same period last year, given the low...

MLF Rates Remain Unchanged for 13th Consecutive Month as Chinese Monetary Policy Stresses Stability

The Chinese central bank's open market operations (OMO) have kept the rate for medium-term instruments unchanged for over a year, with analysts...

PBOC Reiterates Commitment to Anti-trust Enforcement in Chinese Payments Sector, Development of Cross-border Payments

The Chinese central bank has stressed its commitment to enforcing anti-trust measures in China's payment sector, as well as efforts to improve...