Headlines From China: International Luxury Wins Big at Singles’ Day

8th Festival of German Cinema in China Opens in Beijing This Week

The 8th edition of Festival of German Cinema in China kicks off in Beijing last weekend. Four outstanding works, Oscar-winning director Caroline Link’s new film “When Hitler Stole Pink Rabbit,” Valentin Riedl’s “Lost in Face,” and two films that have been shown at the Berlin Film Festival, “Walchensee Forever” and “Art Comes from the Beak the Way it has Grown,” will be on screen at the Goethe Institute (China), French Cultural Center in Beijing and Lin Xiang Cultural Center. The 8th Festival of German Cinema in China is organized by German Films, supported by Goethe-Institut and Broadway Cinemas. Read more German Cinema in China

International Luxury Wins Big at Singles’ Day

When the rest of the world retailing business is struggling with lockdowns, China celebrated its biggest retail festival, Singles’ Day or 11.11, which somehow managed to be bigger than ever this year, setting multiple sales records. Alibaba generated $74.1 billion in gross merchandise volume (GMV) — an increase of 26 percent compared to the same timeframe in 2019, and JD’s 2020 promotions reached new highs as well, recording over $40 billion, while its international business saw transaction volume increased more than 120 percent year-on-year in the first 10 minutes. Read more Jing Daily