Harrods retreats from Shanghai as private colleges face degree of reckoning

British retailer Harrods is pulling out of China, just five years after launching its luxury lifestyle brand in the market. Why is it leaving, and are other luxury brands going to follow? And university campus operator XJ International has been selling assets as college education loses its luster. Why are less Chinese interested in such secondary education these days?
Muyuan is a pig breeder

Muyuan eyes global pig pen with Hong Kong IPO

The world’s largest pork producer could raise up to $1 billion in a blockbuster listing that would be one of the largest by a consumer company this year Key Takeaways:…
ATRenew is a recycler

ATRenew gears up to take its recycling act global

The company said it has begun exporting Chinese devices, and plans to build up that part of its business over the next two to three years Key Takeaways: ATRenew’s revenue…