China News Brief
    May 03, 2024

    Taobao, ditch pre-sales for 618 shopping blitz; Adidas scores in China as Q1 revenue tops $1B; To Summer opens fragrant Beijing ‘bookstore.’
    An advertisement for the Tmall 618 online shopping festival is seen in a sunken passageway near People's Square on Nanjing Road Pedestrian Street in Shanghai, China, June 12, 2023. Photo: Getty Images