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Starbucks China released sugar-free coffee line

Starbucks China on Tuesday has unveiled its sugar-free flavored coffee products across more than 7,600 stores nationwide, allowing health-conscious customers to have greater control over the sweetness of their beverages and expanding their customer reach. The sugar-free coffee line separates flavor from sugar, providing consumers with the option to enjoy a full-flavored coffee experience without…

China expands instant tax refund nationwide for overseas tourists

China will expand its instant tax refund for purchases by overseas tourists nationwide in a move to boost inbound travel and consumption, the State Taxation Administration said on Tuesday. The service, which allows foreign visitors to receive tax rebates immediately after buying, rather than upon departure, was previously piloted in cities including Beijing, Shanghai, Guangzhou,…

House prices up by 4.2% in the euro area

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House prices and rents went up in Q4 2024

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ByteDance, US discuss TikTok’s future in the country

The logo of TikTok is seen on the screen of a smartphone in Arlington, Virginia, the United States, March 13, 2024. [Photo/Xinhua] Chinese tech heavyweight ByteDance, the parent company of short-video app TikTok, said on Saturday that it is still in discussion with the US government regarding plans to keep the app operational in the…

Moody’s economist: US to feel greater impact from retaliatory tariffs

A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily] The United States will likely experience more pain from retaliatory tariffs than China, said Steve Cochrane, chief Asia-Pacific economist at Moody’s Analytics during an interview with CCTV News on Monday. He explained that while the US is China’s…

Chinese companies prepare to respond to new US tariff push

China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. JIANG KEHONG/XINHUA The United States’ new tariff push has limited impact on Chinese companies in several sectors, such as steel, information and communication, automobile, power equipment, pesticides and fertilizers, home appliances, as well as the food and beverage industries, Chinese financial news outlet…