The high-street retailer’s sales on Tmall Global increased by over 20% from a year earlier, while consumers spent around 60% more per order. ( read original story …)
Tagged By beijing
China’s new NEV plan targets battery electrics, ‘quality brands’
China’s plan for new energy vehicles (NEV) in the next 15 years aims to promote the transition from a state-led to a market-led industry. In the eyes of the policy makers, Chinese brands should lead…
China’s top diplomat touts S. Korea ties amid row with US
China’s top diplomat has stressed the importance of bilateral relations while meeting senior officials in South Korea, where there’s growing concern the country is becoming squeezed between its bigges … ( read original story …)
Joe Biden is going to need a new China strategy
President-elect Joe Biden’s new national security team is a distinguished collection of men and women with long experience in global affairs. One wonders, however, if that experience will help or … ( read original story…
Evergrande Property’s Hong Kong IPO raises $1.8 billion: sources
Evergrande Property Services Group’s initial public offering in Hong Kong has raised HK$14.3 billion ($1.8 billion), with stock sold at the lower end of the price range, three sources with direct … ( read original…
China is an opportunity for India — not a threat, Beijing says as more apps are banned
India has blocked to-date 220 Chinese mobile apps, some of them made by China’s prominent consumer-facing tech companies like ByteDance, Tencent and Alibaba. ( read original story …)
China claims detection of Corona virus in seafood imported from India
The Chinese Authorities have claimed that Corona virus was detected from frozen seafood imported from India that led to sealing of the storage areas at the port. The virus was allegedly detected in … (…
How India and China are vying for influence in the Maldives with mega-bridge projects
China’s expanding footprint in the Maldives has unsettled neighboring India, which views the region as part of its traditional sphere of influence — and at risk of being pulled away from its orbit. ( read…
China reports 21 new COVID-19 cases vs five a day earlier
China reported 21 new COVID-19 cases on Nov. 25, up from five cases a day earlier, its national health authority said on Thursday. ( read original story …)
Shenzhen’s population size, key to gauging economic development, remains a matter of debate
Beijing has designated Shenzhen a model socialist city with special powers to make reforms, but the exact size of the city, a key to determining progress, appears to be a mystery. ( read original story…
Hong Kong’s independent judiciary braced for Beijing onslaught
Beijing is expected to target Hong Kong’s independent judiciary as it tightens control over the territory’s institutions, according to Philip Dykes, head of the city’s bar association. As part of a … ( read original…
Trump Spy Chief Warns Of China’s Growing Influence In Cryptocurrency Sector
Director of National Intelligence John Ratcliffe reportedly expressed concern about Beijing’s growing influence and power in the cryptocurrency sector. ( read original story …)
China’s Fintech Giants Scramble to Rethink IPOs, Raise Capital
Jack Ma’s vision of the future of finance in China is being upended by regulators, along with the ambitions of conglomerates that followed his lead. ( read original story …)
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