Showing results for "allen wan"
business
Is China’s Economy Finally Sprouting Green Shoots?Hello, this is Allen Wan in Shanghai.April 12, 2024
markets
Tim Cook Opens New Apple Store In ShanghaiApple has opened a new store in China, signaling its commitment to the Chinese market despite strained ties between Washington and Beijing. CEO Tim Cook appeared at the store, it's eighth in Shanghai, to thunderous applause from the crowd. Bloomberg's Allen Wan reports. (Source: Bloomberg)March 22, 2024
business
China's Year of the Dragon May Herald an Age of Austerity as Economy StrugglesHello, this is Allen Wan in Shanghai.Chinese tourists are coming back, but they still aren’t spending like they used to.It’s true that shops and restaurants during the recent weeklong Lunar New Year sojourn were busy, while rail tickets were hard to get. Peeking at my travel app, I saw that prices for flights to the island hotspot Hainan and even the suddenly popular winter tourist hub Harbin in China’s north were several times higher than they used to be.February 23, 2024
pursuits
'Wonka' ends the year No. 1 at the box office, 2023 sales reach $9 billion in post-pandemic bestNEW YORK (AP) — Hollywood closed out an up and down 2023 with “Wonka” regaining No. 1 at the box office, strong sales for “The Color Purple” and an overall $9 billion in ticket sales that improved on 2022’s grosses but fell about $2 billion shy of pre-pandemic norms.January 1, 2024