#45: JD.com's AI double 🤖, Beijing Marathon scandal 🏃🏻, dining-out economy 🍽️, cash rewards for store opening 🛍️, killing rumors 🤳🏼 | Following the yuan

Stores that open their first Asian or higher-level store in Shanghai will receive a one-time reward of 1 million RMB, a tempting enough offer?

Hi hi, thanks to all who read and participated in the recent poll about our newsletter format. As said I will test this one or three months and share results with you after that!

For those who missed last issue, a quick recap: I will 1) cover 5 consumer news items; 2) provide quick summaries and takes on each, 3) and respond to any questions about the impact of these news on your work/life within 48 hours, giving priority to paid subscribers.

This week is major for F1 enthusiasts, as the 2024 F1 Chinese Grand Prix kicks off tomorrow (Apr. 19), marking the return of F1 to Shanghai International Circuit after four years of absence… In other news:

• JD.com founder impresses the public with an AI double 🤖

• Beijing Marathon scandal triggers backlash over domestic sports brand Xtep 🏃🏻

• The dichotomy of dining-out economy in China 🍽️

• China cracks down on a rumor-spreading top influencer 🤳🏼

• Shanghai incentives brands to open Asia’s first store there with rare cash rewards 🛍️