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Apple crushes Samsung in China as iPhone attracts twice the loyalty in upgrades over domestic brands
Young smartphone buyers in China are preferring to buy low-priced domestic brands over phones from Samsung, but the loyalty rate in buying another Oppo or Vivo phone is half that of buyers getting another iPhone—which…
Exports to China called vital for US
according to a report released on Wednesday by the US-China Business Council. The report was released at a time of serious concern about bilateral trade after the United States announced two weeks ago a Section…
China’s live streaming platforms raise over $1.5b in H1
China’s online live streaming platforms raised more than 10 billion yuan ($1.5b) in the first half of this year, with most of the financing flowing into top players, according to a report by 21st Century…
China’s got some distance to cover
Although China’s presence in the Asian scheme of things is growing, it’s still far from being the power it wants to be Is it the grand visionary scheme of the century that will transform Asia?…
Spectrum Brands is expanding into China
Rayovac hearing aid batteries, STP motor oil and George Foreman grills will soon be sold in China. Spectrum Brands Holdings, the Middleton consumer products company that markets those products and many others, says it has…
Why China can’t get enough of QR codes
Business cards, bikes and bills Beyond payments, the codes are now used for all sorts of services in China, like exchanging business cards and renting bikes. Chinese authorities are also getting on board. In Hangzhou,…
China is clamping down on predatory ‘financial crocodiles’
Photo: Justin Sullivan/ Getty Images. In nature, crocodiles are apex predators. They sit at the top of the food chain. As adults, they’re not preyed upon by any other species in the wild. China’s “financial…
China’s exports cool in August while imports accelerate
BEIJING — China’s export growth weakened in August as global demand softened while imports showed unexpected strength despite expectations of a slowdown in the world’s second-largest economy. Exports rose 5.5 per cent over a year…
China bans cryptocurrency ICOs
China has clamped down on cryptocurrency trading and financial deals away from the central bank by banning Initial Coin Offerings (ICOs). ICOs have been hyped as the next big thing in the world of cryptocurrency.…
China agrees the UN must ‘take necessary measures’ to crack down on North Korea
Russia’s President Vladimir Putin (R) and China’s President Xi Jinping arrive to a documents signing ceremony during their meeting at the Kremlin in Moscow, Russia May 8, 2015. Reuters/Sergei Karpukhin BEIJING/VLADIVOSTOK, Russia (Reuters) – China…
China supports UN action on North Korea while urging talks
China supports further United Nations action in response to North Korea’s latest nuclear test but also wants to see renewed efforts to begin dialogue involving all sides, Foreign Minister Wang Yi said Thursday. China hopes…
The Latest: China, German leaders back new N.Korea sanctions
China’s state broadcaster, China Central Television, said Xi told Merkel that China remains committed to the denuclearization of the Korean Peninsula and to the region’s peace and stability. Xi said: “Facts have repeatedly proven that…