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Daniela Wei

Daniela Wei

China Consumer Reporter at Bloomberg News Online

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Email address
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Influence score
64
Phone
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Location
United States
Languages
    Covering topics
    • House
    • Apparel
    • Travel
    • News

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    Recent Articles

    bloomberg.com

    Luckin Coffee's Recovery Just Got Tougher After Firing CEO - Bloomberg

    The firings of Luckin Coffee Inc.’s chief executive officer and her lieutenant in an escalating scandal over faked transactions is another body blow for the Chinese chain, which expanded at breakneck speed trying to supplant Starbucks Corp. as the dominant barista in a booming coffee culture.
    bloomberg.com

    Budweiser’s Asia Unit Posts Loss After Virus Shut China Bars

    The Asia-Pacific beer unit of Anheuser-Busch InBev NV posted a quarterly loss as strict lockdown measures kept restaurants and bars shut through February and March in China.
    bloomberg.com

    Undeterred By Virus, Chinese Buyers Want Luxury Liquor and Bags - B...

    Liquor giant Kweichow Moutai Co.’s buoyant first quarter earnings is the latest sign that China’s demand for luxury goods is resilient, a relief for global brands dependent on the Asian nation to drive growth.
    bloomberg.com

    Hong Kong Schools to Stay Closed at Least Through April 20

    Hong Kong schools will remain shut until at least the end of the Easter break in mid-April, extending a closure that began a month ago.
    bloomberg.com

    Burning Cash Is Strategy of Choice for China's Starbucks Rival

    The team behind Luckin Coffee Inc. is betting that what worked for them in car rentals will prove a success with java. Their $130 million annual cash burn -- and rival Starbucks Corp.’s dominance in the Chinese coffee market -- makes it a risky proposition.
    bloomberg.com

    China's $165 Billion Distiller Changes Course by Cutting Brands

    China’s love of a fiery grain liquor made Kweichow Moutai Co. the world’s most valuable alcohol distiller, and the company’s approach has been to milk that demand for all it’s worth.
    bloomberg.com

    Rogue Chinese Scientist Regrets Not Being Transparent, Peer Says

    Almost two months after He Jiankui retreated from view after shocking the world with claims he edited the genes of twin baby girls, the Chinese scientist told a Stanford University fellow researcher that he regrets not being more transparent and open about his project.
    bloomberg.com

    China Gene-Editing Scientist's Project Rejected For WHO Database

    The global medical community is distancing itself further from the researcher whose controversial gene-editing work has been condemned by scientists and the Chinese government.
    bloomberg.com

    Volvo Cars' Billionaire Owner Says Trade War to Hit His Brands

    Volvo Car Group’s billionaire owner warned of the looming trade war’s adverse effects, saying consumers and automakers such as his will be among those hurt by the dispute involving the U.S. and China.
    bloomberg.com

    Walmart, Nike Suppliers Put on Notice by China Tariff Threat

    Some of China’s biggest manufacturers that supply U.S. multinationals from Walmart Inc. to Nike Inc. find themselves in President Donald Trump’s cross hairs as his administration discusses new import tariffs.
    bloomberg.com

    Macau Casino Profit Poised to Surge

    Macau, the world’s largest gambling hub, is on its way to seeing casino profits surge toward highs set before a Chinese government corruption crackdown drove wealthy high-rollers away.