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标题: Bloomberg BusinessWeek, Oct 4, 2019 [打印本页]

作者: choi    时间: 10-17-2019 15:54
标题: Bloomberg BusinessWeek, Oct 4, 2019
(1) Rachel Chang and Haze Fan, Can the Nike of China Go Global?
https://www.bloombergquint.com/b ... as-xi-in-its-corner

Note:
(a)
(i) summary underneath the title in print: Beijing's fight with the NBA is making headlines. But the real sports story in China is Anta's bid to expand worldwide
(ii) Print and the online version are identical.
(b) "when a state television segment in 2017 showed him in the ski town of Zhangjiakou—a venue for the 2022 Winter Olympics—wearing the national team parka, investors were riveted by the insignia on his chest: the red logo of Anta Sports Products Ltd [安踏体育用品有限公司; based in 福建省泉州市晋江市]. * * * China is expected to surpass the US this year as the world's biggest consumer market, but it’s yet to mint a global consumer megabrand of its own. Western companies still dominate the $43 billion domestic sports apparel market, where Nike's share is almost 23% and Adidas holds 20%. Anta is third, with 15%, and few consumers outside China have heard of it. Anta President James Zheng 总裁郑捷 says his company won't stay back in the back much longer"

(2) Lulu Yilun Chen and Zheping Huang, China's Lost Tech Generation.
https://www.bloomberg.com/news/a ... st-the-996-schedule

Note:
(a)
(i) summary underneath the title in print: Startup employees are pushing back against a relentless work culture as job losses mount
(ii) Print and the online version are identical.

(3) Bloomberg News, Wealth Managers in China Stir up Risk.
https://www.bloomberg.com/news/a ... hina-shadow-banking

Note:
(a)
(i) summary underneath the title in print: High-yield products backed by company loans could falter as the economy slows
(ii) Print and the online version are identical.
(b) independent wealth managers  独立财富管理

作者: choi    时间: 10-17-2019 15:54
(4) Lauren Etter, Ben Elgin and Ellen Huet, Move Fast and Vape Things. (one of the feature stories)
https://www.bloomberg.com/news/f ... en-vaping-escalates

the first 2 1/2 paragraphs:

"In 2004, Stanford grad students Adam Bowen and James Monsees set out to reinvent the tobacco industry. In 2015 their company, Juul Labs Inc, began selling e-cigarettes and flavored nicotine pods that were twice as potent as many competing vape rigs. By the following winter, 'Juuling' was a verb. The two men, former smokers, said their goal was to save millions of lives a year by helping smokers switch. “Fifty years from now, nobody’s going to be smoking cigarettes,” Bowen said in a promotional video. 'They're going to look back and think, Oh, my God, I can't believe people used to do that.'

"He may be right, but the question today is what happens to Juul. It's facing investigations by the US Food and Drug Administration and the Federal Trade Commission, a congressional inquiry, dozens of lawsuits, and, reportedly, a criminal probe by the Department of Justice. San Francisco has banned the sale and distribution of e-cigs. On Oct. 7, Kroger Co announced it would stop selling them, joining Walmart Inc. and other retailers. Regulators are investigating whether Juul illegally marketed its products as healthier than cigarettes, and to minors.

"Juul's USB-drive-looking vaporizers and sweetened flavors, with names like mango, cucumber, and creme, may well help longtime smokers give up a cancer-causing habit. But they've also attracted millions of nonsmokers, including * * * a lot of kids. * * *

Note:
(a) summary underneath the title in print: Juul's wildly successful, very silicon valley [sic] business has a serious bug
(b) There is no need to read the rest, as the story about Juul is still developing.
(c) There is a sidebar to the feature story:

Shelly Banjo with Ellen Huet and Aki Ito, A JUUL Pod architect Says Her New Stuff Is Better.
https://www.bloomberg.com/news/a ... hina-to-vape-better
(Chenyue "Xing 邢晨悦, a former top scientist at Juul, says she started Myst Labs 喜雾 to correct the vaping industry's mistakes.  Myst's first target is the world's biggest smoker nation, China, where Xing and her co-founders grew up. * * * When  recruiter from Juul's original corporate parent cold-called Xung in 2013, she was working for a pharmaceutical company to develop inhalable drugs to treat migraines and other diseases. [She was fired.] A lifelong nonsmoker, she says she signed on to help create an alternative to cigarettes that was more effective than nicotine patches")

Print and the online version are quite similar. The quotation above is from print.





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