China has banned products from several Western companies, including Nike, Gap and H&M because they are allegedly unsafe. The companies in question recently expressed critical viewpoints on the fate of the Uighur population in Xinjiang and reports of forced labour.
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What happens when you combine China's love of digitalisation with the country's cheap clothing factories? Shein is the answer. The newcomer has overtaken Amazon as the most downloaded shopping app in the US, even though you may not have heard of them.
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Chinese e-commerce giant JD.com gives the starting signal for its European expansion: in the Dutch province of Limburg, the logistics specialist opens a distribution centre of 18,000 square metres. It will also have an office.
Carlsberg has exceeded analysts' expectations during the first quarter, mainly pushed by sales in China that are rising far above pre-Covid levels.
Several fashion companies, including Inditex and Uniqlo, have been taken to court in Paris for covering up forced labour and crimes against humanity.
China has imposed a fine equivalent to 2.3 billion euro on online shopping giant Alibaba for monopoly practices. In December, the Chinese competition watchdog launched an investigation into the empire of billionaire Jack Ma.
H&M sold 21 per cent less in the past quarter and dropped into the red. The fashion group also has to cope with Chinese pressure, following concerns regarding forced labour by the Uighur Muslim minority for multiple clothing brands.
The Chinese government has reacted strongly to the concerns expressed by H&M and Nike regarding cotton from the Chinese province of Xinjiang. The production of this cotton allegedly involved forced labour by the Uyghur minority. The repercussions are severe: H&M has fully disappeared from Chinese e-commerce platforms.
The Chinese government has had enough of the unbridled power of its technology giants. After heavy interventions and a billion-dollar fine for e-commerce giant Alibaba, it would also be Tencent's turn. Now, both rivals are forced to seek rapprochement between each other.
Chinese software company AiFi has opened the world' largest autonomous supermarket in Shanghai. AiFi has no ambitions as a retailer but wants to demonstrate its technology to interested parties. One of those parties has already jumped at the chance: Dutch company Wundermart, which is also active in Brussels. Albert Heijn also makes use of the technology.
Following Amazon, Alibaba has also announced record sales: in the past quarter, e-commerce sales grew by 38 per cent, thanks to the Singles Day shopping frenzy. However, the Chinese government casts a dark shadow.
Marks & Spencer is one of the first major brands to join the movement that is calling to end forced labour in the cotton and garment industry in the region of Xinjiang, China.
Will Philips' Senseo and Airfryer appliances fall into Chinese hands? Three Chinese buyers are dominating the sale of Philips' domestic appliances department. However, other parties have also shown interest.
Ant Group, Alibaba's sister company, was nearly carved up by the Chinese authorities: the creator of AliPay is forced to restructure its operations. China is the first country to do what experts have been advocating for years: curbing the power of technology giants.
The Chinese government is opening an investigation into Alibaba (AliExpress, Tmall) to see whether the e-commerce giant is abusing its dominant position. Is the Internet empire, which the government itself created, becoming too powerful?
On Monday, Gucci launched its first online flagship store on Alibaba Group's Tmall Luxury Pavilion platform. Early next year, the Italian fashion company will open a second online store.