China Baowu Steel Group became the world’s largest steelmaker last week, highlighting Beijing’s goal of creating a ‘national team’ of globally competitive state-owned enterprises. ( read original story …)
Tagged By blockchain
China doubles down on 5G roll-out in 2021 despite complaints about spotty coverage, hard-selling
China plans to build at least 600,000 more 5G base stations in 2021, speeding up the roll-out of the next-generation network in major cities despite customer complaints about spotty coverage and … ( read original…
Warburg-backed Chinese edtech firm eyes $300m in US IPO, sources say
Zhangmen reportedly secured over US$400 million in funds from SoftBank, Genesis Capital, CPP Investments, and the World Bank’s IFC, among others … ( read original story …)
How Luxury Brands Can Ally China’s Rising Creative Communities
In post-lockdown China, three dynamic groups — gamers, LGBTQ+, and outdoor sports — have ballooned in popularity. But can luxury brands woo them? ( read original story …)
China Is Struggling to Get the World to Trust Its Vaccines
What should have been a big Covid win for Beijing in building ties is revealing widespread mistrust in China’s products. ( read original story …)
China’s Record 5G Blueprint for 2021 Electrifies Telecom Stocks
China unveiled plans to almost double its fifth-generation wireless capacity next year, sending ZTE Corp. and other network gear makers soaring. ( read original story …)
Why Luxury Brands Are ‘Putting on a Game Face’
That game has, over the last 11 years, grown consistently and become the most played PC game in the world. Since then, League of Legends has been incorporated into comic books, fashion, music, other ……
China shows Jack Ma what an activist can do
In July, my colleague Anjani Trivedi and I wrote that its IPO would run the risk of exposing how volatile and unsteady China’s financial regulations can be. A blockbuster listing felt almost too good ……
China pushes Alibaba founder Jack Ma to downsize his finance business
The country’s regulators have ordered the Ma-founded Alibaba affiliate Ant Group to scale down its business. In particular, they’ve ordered the company to “return to its origins” as a payment provider … ( read original…
Alibaba’s Woes Deepen in China Over Ant Group. Why the Stock Is Starting to Look Oversold.
China’s regulators have instructed Alibaba’s sister financial company Ant Group to “return to its origins” as a simple payments network. ( read original story …)
Converse recasts itself as ‘brand of youth’
In a self-conducted market survey, Converse has found many consumers in China consider it an old brand. The finding has pushed the sportswear maker to launch campaigns and innovations to change that … ( read…
China’s Economy Is Still Months Away From a Full Recovery, Business Survey Finds
China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released Tuesday. ( read original story …)
Boost Your Brand By Tapping Into China’s Social Commerce Success
Sales like these compete with, if not surpass, brick-and-mortar sales for many brands. Marketers must work on gaining a deeper understanding of the Chinese region’s local social media channels in … ( read original story…
