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Daigou
Daigou () is an emerging form of cross-border exporting in which an individual or a syndicated group of exporters outside China purchases commodities (mainly luxury goods, but sometimes also groceries such as infant formulas) for customers in China. ''Daigou'' shoppers typically purchase the desired goods in a region outside China, after which they post the goods to China or carry them in their luggage when they return to China. The goods are then sold for profit in China. ''Daigou'' activities can be conducted illegally, or legally, using loopholes to circumvent import tariffs imposed on overseas goods. Sales ''Daigou'' sales across sectors total $15 billion annually. In 2014 the value of the ''daigou'' business just in luxury goods increased from CN¥55 billion to CN¥75 billion yuan (US$8.8 billion to $12 billion). ''Daigou'' purchases are often made in luxury brand boutiques in major fashion cities like Paris, London, New York City, Hong Kong, Tokyo and Seoul. Some ''daigo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Shopper
A personal shopper is a person who helps others shop by giving advice and making suggestions. They are often employed by department stores and boutiques, although some are freelance or work exclusively online. Their focus is usually on clothes, although the number of non-clothing stores – such as furniture retailers – that offer personal shopping services is on the rise. There are no formal educational requirements to become a personal shopper, though most outlets recommend related retail experience. A personal shopper is typically employed by the store itself, which means that payment for the service is not required. Other stores will charge a small fee to use their personal shoppers and the amenities that come along with the service. Personal shoppers can also be known as fashion stylists, shop assistants, or sales assistants. Some personal shoppers operate without affiliation on a freelance basis, including private client event styling and closet organizing. Outside of ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Infant Formula
Infant formula, baby formula, or simply formula (American English); or baby milk, infant milk or first milk (British English), is a manufactured food designed and marketed for feeding to babies and infants under 12 months of age, usually prepared for bottle-feeding or cup-feeding from powder (mixed with water) or liquid (with or without additional water). The U.S. Federal Food, Drug, and Cosmetic Act (FFDCA) defines infant formula as "a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk". Manufacturers state that the composition of infant formula is designed to be roughly based on a human mother's milk at approximately one to three months postpartum; however, there are significant differences in the nutrient content of these products. The most commonly used infant formulas contain purified cow's milk whey and casein as a pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smuggling
Smuggling is the illegal transportation of objects, substances, information or people, such as out of a house or buildings, into a prison, or across an international border, in violation of applicable laws or other regulations. There are various motivations to smuggle. These include the participation in illegal trade, such as in the drug trade, illegal weapons trade, prostitution, human trafficking, kidnapping, exotic wildlife trade, art theft, heists, chop shops, illegal immigration or illegal emigration, tax evasion, import/export restrictions, providing contraband to prison inmates, or the theft of the items being smuggled. Smuggling is a common theme in literature, from Bizet's opera ''Carmen'' to the James Bond spy books (and later films) '' Diamonds Are Forever'' and '' Goldfinger''. Etymology The verb ''smuggle'', from Low German ''smuggeln'' or Dutch ''smokkelen'' (="to transport (goods) illegally"), apparently a frequentative formation of a word meaning "to sneak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sina Weibo
Sina Weibo (新浪微博) is a Chinese microblogging ( weibo) website. Launched by Sina Corporation on 14 August 2009, it is one of the biggest social media platforms in China, with over 582 million monthly active users (252 million daily active users) as of Q1 2022. The platform has been a huge financial success, with surging stocks, lucrative advertising sales and high revenue and total earnings per quarter. At the start of 2018, it surpassed the US$30 billion market valuation mark for the first time. In March 2014, Sina Corporation announced a spinoff of Sina Weibo as a separate entity called simply "Weibo", and filed an IPO under the symbol WB. Sina carved out 11% of Weibo in the IPO, with Alibaba owning 32% post-IPO. The company began trading publicly on 17 April 2014. In March 2017, Sina launched Sina Weibo International Version. In November 2018, Sina Weibo suspended its registration function for minors under the age of 14. In July 2019, Sina Weibo announced that i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Sydney Morning Herald
''The Sydney Morning Herald'' (''SMH'') is a daily compact newspaper published in Sydney, New South Wales, Australia, and owned by Nine. Founded in 1831 as the ''Sydney Herald'', the ''Herald'' is the oldest continuously published newspaper in Australia and "the most widely-read masthead in the country." The newspaper is published in compact print form from Monday to Saturday as ''The Sydney Morning Herald'' and on Sunday as its sister newspaper, '' The Sun-Herald'' and digitally as an online site and app, seven days a week. It is considered a newspaper of record for Australia. The print edition of ''The Sydney Morning Herald'' is available for purchase from many retail outlets throughout the Sydney metropolitan area, most parts of regional New South Wales, the Australian Capital Territory and South East Queensland. Overview ''The Sydney Morning Herald'' publishes a variety of supplements, including the magazines ''Good Weekend'' (included in the Saturday edition of ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenland Holdings
Greenland Holdings Corp., Ltd. known as Greenland Group is a Chinese real estate developer. It was founded as a state-owned enterprise. , the top 10 shareholders of the listed company owned a combined 88% shares, with some state-owned enterprises having invested in Greenland via private equity funds. , it owned about US$58 billion in assets. By the company's own estimate, in 2014 it was the largest real estate developer in the world by floor space under construction and sales revenue. History Greenland Holdings was created in 1992 to develop green belts around Shanghai. Starting around 2013, it began to make major investments in developments outside of China. , these include Metropolis Los Angeles in Los Angeles, Spire London, a 235-metre residential skyscraper in the London Docklands, Greenland Centre Sydney in Sydney, Atlantic Yards in New York, and an 872 unit condo plus 122 room hotel complex in Toronto. In 2014 the company took over Shanghai Jinfeng Investment () as part of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Country Garden
Country Garden () is a property development company based in Guangdong, China, owned by Yang Guoqiang's family. In 2020, it is ranked 147th in Fortune Global 500 List. Country Garden features a market capitalization of over US$29.84 billion as of 2018; with 187 high-end township developments throughout China, Malaysia and Australia among its vast international project portfolio. The company is incorporated in Cayman Islands. Its headquarters are in Beijiao Town (北滘镇), Shunde District, Foshan. History Established in 1992 in Shunde, Guangdong, Country Garden was listed on the Hong Kong Stock Exchange on April 20, 2007. Founder Yang Guoqiang built the company from scratch, having previously worked as a farmer and on construction sites. The company now has interests in property development, construction, fitting and decoration, property management and hotel operations in a wide variety of global markets. In 2005, Yang transferred his shares in Country Garden Holdings Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Front (China)
The United Front is a political strategy of the Chinese Communist Party (CCP) involving networks of groups and key individuals that are influenced or controlled by the CCP and used to advance its interests. It has historically been a popular front that has included eight legally-permitted political parties which have nominal representation in the National People's Congress and the Chinese People's Political Consultative Conference (CPPCC). Under CCP General Secretary Xi Jinping, the United Front and its targets of influence have expanded in size and scope. United Front organizations are managed primarily by the United Front Work Department (UFWD), but the United Front strategy is not limited solely to the UFWD. Outside of China, the strategy involves numerous front organizations, which tend to obfuscate or downplay any association with the CCP. History The CCP organized the "National Revolution United Front" () with the Kuomintang during the Northern Expedition of 1926–1928 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
News Ltd
News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,000 journalists. The group's interests span newspaper and magazine publishing, Internet, subscription television in the form of Foxtel, market research, DVD and film distribution, and film and television production trading assets. News Pty Limited (formerly News Limited) is the holding company of the group. News Corp Australia owns approximately 142 daily, Sunday, weekly, bi-weekly, and tri-weekly newspapers, of which 102 are suburban publications (including 16 in which News Corp Australia has a 50% interest). News Corp Australia publishes a nationally distributed newspaper in Australia, a metropolitan newspaper in each of the Australian cities of Adelaide, Brisbane, Darwin, Hobart, Melbourne, and Sydney, as well as groups of suburban n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sydney Harbour
Port Jackson, consisting of the waters of Sydney Harbour, Middle Harbour, North Harbour and the Lane Cove and Parramatta Rivers, is the ria or natural harbour of Sydney, New South Wales, Australia. The harbour is an inlet of the Tasman Sea (part of the South Pacific Ocean). It is the location of the Sydney Opera House and Sydney Harbour Bridge. The location of the first European settlement and colony on the Australian mainland, Port Jackson has continued to play a key role in the history and development of Sydney. Port Jackson, in the early days of the colony, was also used as a shorthand for Sydney and its environs. Thus, many botanists, see, e.g, Robert Brown's ''Prodromus Florae Novae Hollandiae et Insulae Van Diemen'', described their specimens as having been collected at Port Jackson. Many recreational events are based on or around the harbour itself, particularly Sydney New Year's Eve celebrations. The harbour is also the starting point of the Sydney to Hobart Yacht ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hoarding (economics)
Hoarding in economics refers to the concept of purchasing and storing a large amount of product belonging to a particular market, creating scarcity of that product, and ultimately driving the price of that product up. Commonly hoarded products include assets such as money, gold and public securities, as well as vital goods such as fuel and medicine. Consumers are primarily hoarding resources so that they can maintain their current consumption rate in the event of a shortage ( real or perceived). Hoarding resources can prevent or slow products or commodities from traveling through the economy. Subsequently, this may lead to the product or commodity to becomes scarce, causing the value of the resource to rise. A common intention of economic hoarding is to generate a profit by selling the product once the price has increased. Hence, economic speculators tend to hoard products that are inelastic in price so that when the price of the product does increase, the demand for that product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
