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CHINA

Alibaba Planning a Second Listing in Hong Kong to Raise $20 Billion

May 28th, 2019

Aliababa planning a secondary share listing in Hongkong share market to raise $20 billion.

CHINA

Jack Ma New Advice for Sex '669'

May 26th, 2019

Alibaba founder Jack Ma advice its employees to have sex daily like 669.

CHINA

Tencent raises $6 bn funding through bond sales

April 4th, 2019

Tencent raises $6 billion funding through bond sales

CHINA

Tmall Global Unveils New Initiatives to Boost China’s Imports

March 23rd, 2019

Tmall Global Unveils two new initiatives to Boost China’s Imports

CHINA

Coffee Clash Brewing in China: Startup Luckin takes on Starbucks

January 20th, 2019

Startup Luckin coffee fight against Starbucks

CHINA

Online Consumption in China Goes High-end

December 31st, 2018

Consumers in China are increasingly opting for smart and quality products online as robots and imported goods are gaining popularity as stated by a report. The report was announced by e-commerce giant Alibaba's Taobao village and think tank Aliresearch. It showed the consumption trend in the first 11 months of 2018 in the nearly...

CHINA

Huawei, Alibaba, Xiaomi top Fortune List of China's Most Innovative Companies

December 29th, 2018

China has announced its list of the most innovative companies in the country and Huawei was ranked first among the most innovative company in China, followed by Alibaba and Xiaomi, in a list published by Fortune China. The Chinese-language edition of Fortune released its ranking of "China's most innovative companies for 2018" on...

CHINA

China to Pay an Increasingly Vital Part in US companies' Growth Plans

December 26th, 2018

China has become an integral part of the growth plans of many US businesses, not just because of its sheer size but also due to its strategic importance. "China is actually becoming the leader in many markets and technologies that we are interested in," said Shafer, referring to digital platforms in China that help companies engage...

CHINA

China Aims to Build up 212 National Logistic Hubs

December 25th, 2018

China plans to build 212 national logistic hubs and form a national logistics hub network in line with the advanced economic system by 2035. About 30 hubs will be established by 2020 and another 150 will be built by 2025, reducing the ratio of total logistics expenses to GDP to about 12 percent, according the overall arrangement and...

CHINA

China to Expand Advanced Manufacturing Domestic Market

December 24th, 2018

China's top economic planner has pledged to strengthen the advanced manufacturing sector and foster a stronger domestic market amid efforts to stabilize economic growth. He Lifeng, head of the National Development and Reform Commission, said China will narrow the gap in major technical equipment capabilities to tap into the huge...

CHINA

China's Digital Economy repotedly Hit $2.3 Trillion in H1

December 22nd, 2018

China's digital economy hit 16 trillion yuan ($2.3 trillion) in the first six months of 2018, which accounted for 38.2 percent of the country's overall GDP growth. Lu Chuncong, director of the academy, said despite booming growth, China's digital economy suffers from unbalanced and inadequate development. Data shows that in 2017 the...

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Huawei cut output by $30 billion in 2019-20