Asian Economic Weekly-25.01.04 4a6k1w

Food and Beverage: 1. Wahaha Group closed its milk tea business due to intense competition and operational difficulties. 2. Lower-tier cities emerge as a new blue ocean for the frozen food industry as growth slows in high-tier cities. 3. Coffee market competition intensifies in 2024, with leading brands expanding and mid-sized brands facing store closures. 4. Coconut water products face scrutiny over additives amidst soaring raw material prices and supply shortages. 5. Bawang Tea's new plush toy series sparks discussions about originality and similarity to Jelly Cat's designs. Agriculture and Fishery: 6. China's beef prices fall for 12 months, putting pressure on domestic ranchers and prompting safeguard measures. 7. Imported pet food industry faces major changes in 2025 with tariff increases and exchange rate shocks. 8. "Cheap rice" disappears from Japan's domestic rice market as prices increase and brand grading blurs. Energy sector: 9. German Environment Agency uncovers major carbon reduction fraud case involving Chinese companies. 10. Russia ends 50-year history of supplying natural gas to Europe through Ukraine. Retail Sector: 11. Miniso's franchise system faces challenges as early franchisees report significant sales declines. 12. Gome Telecom faces potential delisting due to low market value, drawing attention to Gome Group and its founder. 13. Guoguang Electric's stock price performs strongly, driven by AI glasses concept and market attention. 14. Multiple hotel brands gathering in one building becomes a new norm in the competitive hotel industry. 15. Biem Clothing, a high-end golf lifestyle menswear brand, reports declining revenue and profits in Q3 2024. Technology sector: 16. Pinduoduo experiences significant stock price drop among Chinese concept stocks due to multiple factors. 17. Bank of Changsha faces uncertainty in recovering a 1.4 billion yuan loan to Evergrande Auto amidst its financial crisis. 18. China's short video market numbers decline for the first time after reaching a peak in 2024. 19. NVIDIA's investment in AI reaches $1 billion in 2024, ing startups in the AI revolution. 20. Samsung Heavy Industries subcontracts Suezmax oil tanker orders to Chinese shipyards to address order backlog and capacity issues. Social events: 21. Argentina's inflation rate drops to 2.7% in October 2024, hailed as the "Argentine Miracle" by President Javier Milei. 22. Xiamen University professor's controversial fertility policy proposal sparks discussion amidst rising youth unemployment and education costs in China. 23. Foreign bloggers gain popularity in Southeast Asian countries by expressing love for local culture, raising discussions about cultural identity and commercial interests. z2u4y