By Doug Young & Rene Vanguestaine

China says it will target relatively modest GDP growth of “about 5%” this year, as it focuses on “quality growth” over “growth at any cost” in the post-pandemic era.

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China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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Li Ning has expanded over the years to become one of the largest sportswear chains in China, behind Anta. 

FAST NEWS: Li Ning’s e-commerce sales jump in first quarter

The Latest: Sportwear retailer Li Ning Co. Ltd. (2331.HK) announced Monday its retail sales, excluding the Li Ning Young sub-line, recorded low-single-digit year-on-year growth in the first quarter. Looking Up: The company’s e-commerce…
Fosun Tourism trades at all time low

Fosun Tourism’s post-Covid holiday fizzles

The resort unit of one of China’s leading conglomerates posted modest growth in the first quarter, as its broader outlook was clouded by debt issues at its parent  Key Takeaways:…