Last year, when sales were hit by continuing COVID-19 curbs across China, was the first. The festival is closely watched as a gauge of consumer confidence, and expectations for sales growth this year …
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China’s Singles Day: Shopping fest wraps up with e-commerce giants reporting sales growth
China’s Alibaba, JD.Com Boost Singles’ Day Sales With Discounts
and that almost 20,000 brands reported that transaction volumes tripled from a year earlier. China’s postal delivery companies handled 639 million packages nationwide on Nov. 11, an increase of 16% …
Alibaba, JD.com withhold Singles’ Day sales tally for second year, but strike positive tone amid economic headwinds in China
Two of China’s largest e-commerce platforms have reported growth in sales and order volume during the worlds’ largest shopping festival, but did not disclose exact sales numbers.
UPDATE 1-China’s Singles Day sales festival wraps up with e-commerce giants reporting sales growth
Color cosmetics, traditionally a strong performer throughout the Singles Day sales period, were expected to struggle this year as make-up demand remains low almost a year after China lifted strict …
Why the Seoul-Beijing divide over North Korean defectors could scupper attempts to repair ties
The South Korean government under Yoon Suk-yeol has zeroed in on the reported forced repatriation of North Korean defectors by China The human rights issue could become a roadblock in recent attempts to restore high-level…
China’s property sector heading for high-quality development: Minister
China will firmly implement policy pledges of the property market to meet the housing demands of the people and promote high-quality development of the sector, said Ni Hong, minister of Housing and …
Made-in-China products shine during Double Eleven shopping sales
Beijing resident Han Xue has replaced all her home electrical appliances with products made by Xiaomi, a Chinese consumer electronics brand. “The television I have used for years is good quality, and …
Beijing to reopen fourth border point with Nepal
The closure of the Chinese border in 2020 has affected a large number of Nepalis exporting goods such as handmade carpets and handicrafts to China.
Xi calls for continuous efforts in post-flood reconstruction in Beijing, Hebei
In late July and early August, rainstorm occurred in North China and Yellow and Huaihe river valleys, causing floods and geological disasters, resulting in heavy casualties in Beijing, Hebei and other places.
‘Looty’: How a dog stolen from China sparked a British luxury craze
A Pekingese given to Queen Victoria in the 1860s created a frenzy among Britain’s upper classes. But the dog’s gentle demeanor belied a brutal past.
How China works: The digitalized future
Artificial intelligence, virtual reality, blockchain and metaverse… In recent years, how often have you heard these terms? Behind this phenomenon is the rapid development of the digital economy and …
Economic Watch: Global tech firms keen to deepen digital cooperation with China
HANGZHOU, Nov. 11 (Xinhua) — Seeing the strides China has achieved in digitalization, international companies are optimistic about the country’s digital economy. This sentiment was evident at the …
China’s largest bank hit by ransomware attack
ICBC, the largest bank in China, suffered a devastating ransomware attack which disrupted its financial services (FS) systems, with a knock-on effect of affecting US Treasury markets, and sending ripples across the global financial world.…
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