Daigou
Daigou () is an emerging form of cross-border trade 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 and then ship the goods to China or carry them in their luggage upon their return to China. The goods are then resold for profit in China. ''Daigou'' activities can be conducted either illegally or legally, often 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 ' ... [...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, and payment by customers 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, also called baby formula, simply formula (American English), formula milk, baby milk, or infant 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 ... [...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. More broadly, social scientists define smuggling as the purposeful movement across a border in contravention to the relevant legal frameworks. 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, heists, chop shops, illegal immigration or illegal emigration, tax evasion, import restrictions, 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'' o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
WeChat
WeChat or Weixin in Chinese ( zh, c=微信, p=Wēixìn , l=micro-message) is an instant messaging, social media, and mobile payment mobile app, app developed by Tencent. First released in 2011, it became the world's largest standalone mobile app in 2018 with over 1 billion monthly active users. The Chinese version of WeChat, Weixin, has been described as China's "app for everything" and a super-app because of its wide range of functions. WeChat provides text messaging, hold-to-talk voice messaging, broadcast (one-to-many) messaging, video conferencing, video games, mobile payment, sharing of photographs and videos and location sharing. Accounts registered using Chinese phone numbers are managed under the Weixin brand, and their data is stored in mainland China and subject to Weixin's terms of service and privacy policy. Non-Chinese numbers are registered under WeChat, and WeChat users are subject to a more liberal terms of service and better privacy policy, and their data is st ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Wuhan
Wuhan; is the capital of Hubei, China. With a population of over eleven million, it is the most populous city in Hubei and the List of cities in China by population, eighth-most-populous city in China. It is also one of the nine National central city, national central cities and the second most livable city in China. Wuhan historically served as a busy city port for commerce and trading with some crucial influences on Chinese history. The name "Wuhan" came from the city's historical origin from the conglomeration of Wuchang, Wuhan, Wuchang, Hankou District, Hankou, and Hanyang District, Hanyang, which are collectively known as the "Three Towns of Wuhan" ( zh, s=武汉三镇, labels=no). Wuhan lies in the eastern Jianghan Plain, at the confluence of the Yangtze river and its largest tributary, the Han River (Hubei), Han River, and is known as "Nine Provinces' Thoroughfare" ( zh, labels=no, t= ). Wuhan was the site of the 1911 Wuchang Uprising against the Qing dynasty which Dyna ... [...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 ... [...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. It ranked 206th in Fortune Global 500 list of 2023. 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 the Cayman Islands. Its headquarters are in the Towns of China, town of Beijiao, Guangdong, Beijiao (), in Shunde District, Foshan. In October 2023, the company announced that it was unable to fulfill its offshore debt obligations and was subsequently deemed in default on approximately US$11 billion of bonds, making it another victim of the 2020–2023 Chinese property sector crisis. In July 2024, the High Court of Hong Kong, Hong Kong High Court decided to postpone the hearing of Country Garden’s liquidation petition to January 20, 2025, giving the company some breathing ro ... [...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 Democratic parties (China), legally permitted political parties and People's organization, people's organizations which have nominal representation in the National People's Congress and the Chinese People's Political Consultative Conference (CPPCC). Under General Secretary of the Chinese Communist Party, CCP general secretary Xi Jinping, the united front and its targets of Political warfare, 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. All CCP Cadre system of the Chinese Communist Party, cadres are required to engage in "united front work". CPPCC is considere ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
COVID-19 Pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December 2019. Soon after, it spread to other areas of Asia, and COVID-19 pandemic by country and territory, then worldwide in early 2020. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern (PHEIC) on 30 January 2020, and assessed the outbreak as having become a pandemic on 11 March. COVID-19 symptoms range from asymptomatic to deadly, but most commonly include fever, sore throat, nocturnal cough, and fatigue. Transmission of COVID-19, Transmission of the virus is often airborne transmission, through airborne particles. Mutations have variants of SARS-CoV-2, produced many strains (variants) with varying degrees of infectivity and virulence. COVID-19 vaccines were developed rapidly and deplo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
News Ltd
News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of News Corp. The group's interests span newspaper and magazine publishing, Internet, market research, DVD and film distribution, and film and television production trading assets. News Pty Ltd (formerly News Limited) is the holding company of the group. Until the formation of News Corporation in 1979, News Limited was the principal holding company for the business interests of Rupert Murdoch and his family. Since then, News Limited had been wholly owned by News Corporation. In 2004, News Corporation announced its intention to reincorporate to the United States. On 3 November 2004, News Corp Limited ceased trading on the Australian Securities Exchange; and on 8 November, News Corporation began trading on the New York Stock Exchange. On 28 June 2013, News Corporation was split into two separate companies. Murdoch's newspaper interests became News Corp, which was the new parent company of News Li ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Australia
Australia, officially the Commonwealth of Australia, is a country comprising mainland Australia, the mainland of the Australia (continent), Australian continent, the island of Tasmania and list of islands of Australia, numerous smaller islands. It has a total area of , making it the list of countries and dependencies by area, sixth-largest country in the world and the largest in Oceania. Australia is the world's flattest and driest inhabited continent. It is a megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and Climate of Australia, climates including deserts of Australia, deserts in the Outback, interior and forests of Australia, tropical rainforests along the Eastern states of Australia, coast. The ancestors of Aboriginal Australians began arriving from south-east Asia 50,000 to 65,000 years ago, during the Last Glacial Period, last glacial period. By the time of British settlement, Aboriginal Australians spoke 250 distinct l ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Sydney Harbour
Port Jackson, commonly known as Sydney Harbour, is a ria, natural harbour on the east coast of Australia, around which Sydney was built. It consists of the waters of Sydney Harbour, Middle Harbour, North Harbour and the Lane Cove River, Lane Cove and Parramatta River, Parramatta Rivers. The harbour is an inlet of the Tasman Sea (part of the South Pacific Ocean). It is the location of significant landmarks such as the Sydney Opera House and Sydney Harbour Bridge. The location of the History of Australia, 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 Metonymy, shorthand for Sydney and its environs. Thus, many botanists, see, e.g., Robert Brown (botanist, born 1773), Robert Brown's ''Prodromus Florae Novae Hollandiae et Insulae Van Diemen'', described their specimens as having been collected at Port Jackson. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |