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wednesday and attended the inauguration of a new bank in shanghai on the staples development bag has been set up by the brexit, brazil, russia, india, south africa, because, president lula said the new financial institution frees developing countries from established ones. our business reporter has more on the significance in the strip. the goal, in his own words, is to strengthen the relationship and at least when it comes to relationships ties are already significant. china is brazil's biggest export market, each year by intensive billions of dollars of natural resources and agricu...

Is the cost of living crisis eating into consumers�* budgets? yeah, we have had this macro fear in kind of touching the consumer wallet for i think well over a year by now with various different aspects of it. last year i believe our category fared relatively well. we grew our business by 7% in 2022. so we kind of stood quite strong. the other aspect i think it is important to remember in particularfor the pandora case, a lot of our products are bought to be used as gifts to celebrate birthdays and other things, so that puts a level of resilience into the business. so actually so far we are ...

Jewellery in general, notjust for pandora, i believe, is a business where customers want to come in, they want to try it on, look and see how the jewellery fits them. so the physical aspect of the business is quite important. sol physical aspect of the business is quite important. so i think there was some pent—up demand when people had been locked up for a while and we kind of saw that be quite strong across europe right after the pandemic, and of course then it normalised after that. so whether that was revenge spending or people just kind of wanting to get out of their houses, i don't kno...

And of course then it normalised after that. so whether that was revenge spending or people just kind of wanting to get out of their houses, i don't know. and outside of china how are things holding up? is the cost of living crisis eating into consumers�* budgets? yeah, we have had this macro fear in kind of touching the consumer wallet for i think well over a year by now with various different aspects of it. last year i believe our category fared relatively well. we grew our business by 7% in 2022. so we kind of stood quite strong. the other aspect i think it is important to remember in par...

Been kind waiting to relaunch the brand in the last few years have been plagued by the restrictions around the pandemic, so traffic into the stores has been very minimal. so we were kind of sitting a bit on the sidelines waiting for the market to normalise. the perspective on why we're this is of course that china is the largestjewellery market in the largestjewellery market in the world and we believe that pandora has a very good chance to play it well in china. 0utside to play it well in china. outside of china, how are things holding up? is the cost—of—living crisis eating into consumer...