In 2019, China’s property industry recorded 22.3 trillion yuan of GTV, according to Beike’s IPO prospectus. That year, Beike facilitated about 2.1 trillion yuan or 9% of all transactions — making it … ( read…
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China should consider digital tax for large tech firms, official says
The development comes as China has recently been strengthening its supervision of large tech enterprises, including titans Alibaba and Tencent. ( read original story …)
China’s Top Chipmaker Slides After Co-CEO Abruptly Quits
Semiconductor Manufacturing International Corp. shares fell after news emerged about the surprise resignation of a top executive who spearheaded the rapid technological ascent of China’s largest … ( read original story …)
China manufacturing: everything you need to know
China is the world’s largest manufacturer in terms of output and has earned a reputation as the ‘world’s factory’. ( read original story …)
UK business ‘must wake up’ to China’s Uighur cotton slaves
MPs say clothes retailers must act after the BBC disclosed the plight of China’s Uighurs and other minorities. ( read original story …)
Chaos at the top of China’s biggest chipmaker C-suite chaos at the company China needs for its chipmaking future
The C-suite of one of China’s most important tech companies has just been thrown into confusion.Semiconductor Manufacturing International Corporation (SMIC), China’s biggest chipmaker, said Wednesday … ( read original story …)
SMIC: Chaos at the top of China’s biggest chipmaker
The C-suite of one of China’s most important tech companies has just been thrown into confusion.Semiconductor Manufacturing International Corporation (SMIC), China’s biggest chipmaker, said Wednesday … ( read original story …)
China Nearly Doubled Its Overall Share of the Global Luxury Market in 2020
Growth for the mainland Chinese luxury market is expected to climb by 48 percent to reach almost 346 billion yuan (around $52 billion) by the end of the year, according to Bain’s annual China luxury…
Alibaba’s Ant Says ‘Looking Into The Mirror’ After IPO Fallout
Why It Matters: Jing isn’t the only Alibaba executive that has been singing Beijing’s paeans, post the axing of the mega IPO. Last month, Alibaba CEO Daniel Zhang had called Beijing’s draft rules to ……
China freezes pastor’s bank account in Hong Kong clampdown
China is targeting government opponents through financial institutions using a draconian national security law that’s already led to U.S. sanctions. ( read original story …)
Report: Mainland China Set to Become World’s Largest Personal Luxury Market by 2025
Mainland China is on track to become the world’s largest personal luxury market by 2025, according to a joint report by Bain & Co. and Tmall Luxury. ( read original story …)
Business-To-Consumer E-Commerce Market In China to Generate $ 385 Billion in Revenue During 2020-2024 | Research Report by
December 16, 2020 Tech … ( read original story …)
Business-To-Consumer E-Commerce Market In China to Generate $ 385 Billion in Revenue During 2020-2024 | Research Report by Technavio
Technavio has been monitoring the business-to-consumer e-commerce market in China and it is poised to grow by USD 3851.34 billion during 2020-2024, decelerating at a CAGR of … ( read original story …)
