#75: Devil Wears Prada II underperforms, Xinhua enters GEO, Labubu fridge goes viral, Samsung exits China | Following the Yuan

Is the Labubu fridge going to save Pop Mart?

Brands mentioned in this issue: Mengniu, Miu Miu, Saint Laurent, Pop Mart, Samsung, Xinhua, Deepseek, Nordisk, NNormal, Nanamica, Mammut

📊 BIG STAT

China’s May Day travel numbers grow, but per-capita spending quietly slips // China’s Ministry of Culture and Tourism reported 325 million domestic trips during the May Day holiday, up 3.6% year-on-year, with…