Glass skin and snail mucin: South Korea’s journey to global beauty power
In 1991, four years after joining Amorepacific, his family’s South Korean beauty conglomerate, Suh Kyungbae travelled to France to figure out why the company’s skin care line was selling so poorly...
How e-commerce is making China’s deflation worse
Claire FuThe author is a reporter and researcher for The New York Times, covering China.When Lin Yunyun started selling diapers two years ago on Pinduoduo, China’s fast-growing e-commerce site, she...
Opinion-Markets around the world are rattled by fears of slowing US growth
A sell-off in markets around the world quickened pace Monday as investors grew uneasy about signs of a slowing US economy, with stocks tumbling across Asia.The declines were especially pronounced in...
China is buying gold like there’s no tomorrow
As gold surged this year to its highest price ever, Xena Lin joined the frenzy by making monthly purchases of gold “beans,” pebble-like morsels of the precious metal.For Lin, a 25-year-old...
China’s biggest homebuilder reels as economy slows
Claire Fu covers news in mainland China for The New York Times in Seoul. She joined The Times in 2018When Country Garden, the biggest developer in China’s increasingly troubled real estate sector,...
A crisis of confidence is gripping China’s economy
Claire Fu covers news in mainland China for The New York Times in Seoul. She joined The Times in 2018.Earlier this year, David Yang was brimming with confidence about the prospects for his perfume...