Weekly #4: China exits 👋, official metaverse 👾, Apple Watch ⌚, Hainan travel retail 🛍️ | Following the yuan

As China's business environment gradually returns to normal, more foreign businesses bid farewell to the second largest consumer market.

Be-Kind, which is owned by candy giant Mars since 2020, has left China, and I'm deeply sad. Less because I'm a fan, and more because its 3 years of trial may have just proved that Chinese people don't need expensive nut bars in their lives full stop. Haven’t we run multiyear experiments in life that don’t work out? Weep.

I had personally devoted time to …