Sa Sa, the Hong Kong-based beauty retailing giant, had never published a fiscal deficit since the days of SARS due to a proactive expansion strategy in both physical stores and digital outlets. Everything changed in 2020 when a new coronavirus emerged, but Journalism Fellow Hypatia Wu’s analysis reveals that its financial slump had begun even before the global pandemic.
Read MorePost-financial-crisis, the advances in automation have compelled people to up-skill. The dramatic rise in the number of startups during the same time has forged a symbiotic relationship between the two, thereby enhancing both of them simultaneously.
Read MoreThose who succeed in China are selling an experience and a lifestyle. If US tech firms can do that, they could very well be on their way to success in China, too.
