He recently praised China’s “996” practice … “The mandatory enforcement of 996 overtime culture not only reflects the arrogance of business managers, but also is unfair and impractical.” The truth … ( read original story…
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Why the US-China rivalry will not end with a trade deal
“China has become much more explicit in its ambitions in the … It strengthened the government’s power to review – and potentially block – business deals involving foreign firms by expanding the type … (…
China’s Huawei to launch 5G at Africa Cup of Nations
Huawei will roll out 5G phone network for the first time during this summer’s Africa Cup of Nations, Egypt’s minister of communications and information technology said on Sunday. The Chinese firm will … ( read…
Turning China’s Belt and Road Initiative into a new cold war weapon by the US is deeply frustrating
Don’t bother to try calling any of Hong Kong’s big business bosses at home this week – they are … US$1.7 trillion a year – but are at present finding just half of this. China’s…
China, Australia bonded by wine
It was well put on, both by the Chinese government and the organizer,” he told Xinhua. “I was impressed that the Chinese business people from around China that visited really wanted to do some ……
Alibaba head’s remarks spark debate over China working hours
strong leadership and sheer elbow grease can create massive fortunes in China’s go-go economy. Yet, recent remarks by the head of Chinese online business giant Alibaba that young people should … ( read original story…
Amazon surrenders in China
Amazon has told sellers that it will no longer operate its third-party marketplace or provide seller services in China, The Wall Street Journal reports. Furthermore, the e-tailer’s been in talks to … ( read original…
Amazon is shutting down its China marketplace business. Here’s why it has struggled
Amazon is shutting down its domestic e-commerce marketplace business in China. The U.S. firm said it will focus on “cross-border” selling to Chinese consumers. Amazon has faced stiff competition from … ( read original story…
China releases new rules on game approvals
SHANGHAI (Reuters) – China’s press and publication regulator has issued new rules on applications for publishing online games in China, signaling a possible acceleration in the handing out of formal … ( read original story…
Alibaba head endorses China’s controversial 12 hours a day, 6 days a week work culture
BEIJING — Chinese e-commerce tycoon Jack Ma has long been an example of how the power of big dreams, strong leadership and sheer elbow grease can create massive fortunes in China’s go-go economy. Yet ……
Amazon plans to shut down China marketplace in rare retreat
Amazon still has less than 1% market share in China, according to iResearch. However, Amazon is not entirely pulling out of the country, according to a company spokeswoman. The Seattle e-commerce … ( read original…
The $18 billion electric car bubble at risk of bursting in China
(Bloomberg) – An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business – except when it comes to electric vehicles in China. That’s because of a … ( read original…
China ready for summit meet with India despite differences over BRI
China said Friday it was ready to hold a Wuhan-style summit … According to what we know American diplomats, local government and business leaders have confirmed their participation in the 2nd BRF,” … ( read…