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Meet The Locals
A Portuguese chef’s journey from Vila do Conde to Macao
In partnership with Macao Government Tourism Office
Portuguese chef Cristiano Tavares arrived in Macao in 2012 and now runs a codfish takeaway and an ice cream brand while serving as executive chef of a hotel restaurant, drawing on the city’s Portuguese heritage and food scene.
Business
Can European luxury brands still count on China for growth?
China’s shoppers are hunting for second-hand bargains and turning to homegrown brands, putting pressure on European luxury groups. China remains vital for luxury brands, but one analyst warns it may not drive growth over the next two to three years.
Business
Moonshot AI eyes Hong Kong IPO in early 2027 after a $50bn valuation
Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.
Economy
China's retail sales weaken as spending remains sluggish
Retail sales in China grew just 0.4% in August, the slowest pace since growth resumed and the second consecutive monthly slowdown, underlining how little progress Beijing has made in reviving consumer spending even as factory output accelerates.