Retail and Commerce

Surging gold prices are testing traditional jewelers’ pricing power while fueling new experiments in China’s gold market.

Ocean Engine has been folded into Douyin E-commerce as part of the move.

The service aims to drive traffic to merchants while giving diners more choice.

Closures in Indonesia and Vietnam mark growing pains, but domestic scale, coffee, and new supply hubs give the group fresh momentum.

A buyer is expected to be chosen by October.

Scalpers are hurting, but the move could bring stability and extend the life of the company’s flagship IP.

Once known for exports, Chinese companies are shaping their own identities abroad and gaining traction.

The fast-growing coffee chain hopes to woo the US market over and overcome skepticism of Chinese brands.