Li Ning: the net profit attributable to the parent company in the first half of the year was 1.962 billion yuan, a year-on-year increase of 187%

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

Join the bauma CHINA 2026 International Buyer Delegation

Where Global Construction Machinery Trade Begins — Now Recruiting Overseas Buyer Groups

Haier Breaks Ground on Thai Washing Machine Plant with US$150 Million First Phase

Haier Smart Home（海尔智家）broke ground on a washing machine factory in Thailand’s Rayong Province on October 26. The project has a planned total annual capacity of 3 million units, with US$150 million allocated to a first phase designed for 1 million units a year. Haier describes it as its largest overseas intelligent washing machine factory.

AliExpress Expands YouTube Shopping Partnership to UK, Germany, Brazil and US

AliExpress（速卖通）, Alibaba’s（阿里巴巴）cross-border e-commerce platform, announced a global strategic affiliate partnership with YouTube on October 20, expanding cooperation to the United Kingdom, Germany, Brazil and the United States. The arrangement gives eligible creators another source of products to recommend and provides AliExpress merchants with an additional route to overseas consumers.

Anjoy Agrees to Acquire 60% of Singapore’s IFC for US$30.5 Million

Anjoy Foods Group (安井食品) has agreed to acquire 60.0005% of Singapore-based International Foodgnostics Corporation Pte. Ltd. (IFC) for US$30.47 million in cash. The proposed acquisition would add frozen bakery capabilities and operations in China, Singapore and Malaysia.