A startup called DouMi is banking on the job-hop trend among Chinese millennials, who are more interested in taking part-time gigs than the traditional, long-term work.
Walmart will further expand in the country this year by opening up to 40 new branches.
Seattle-based Amazon is still lagging behind China's biggest e-commerce firms. The company reportedly holds only less than 1 percent in the country's lucrative e-commerce market.
In the last 10 years, China lost a total of $3.8 trillion to capital flight and to curb the outflows, a complex system of capital controls was developed by Chinese authorities.
Chinese and Japanese companies are looking at investing as well as partnering with Philippine firms. This is amid the bright prospects brought about by the sustained economic growth of the country.
BYD, China's electric vehicle and battery storage giant, has unveiled a new product line of modular battery storage systems. This will target both businesses and households in what it says is one of the world's most attractive markets.
In the recent weeks, all four of the major United States carriers announced either the new unlimited data plans or made alterations to the existing plans in an effort to compete. With all four carriers offering some form of unlimited data, now may be a good time as ever to analyse current plan and think about switching.
Italian shipbuilder Fincantieri and China State Shipbuilding Corp (CSSC) have agreed to a $1.5 billion deal with Carnival Corporation to build the first China-made cruise ships for the fast-growing Chinese cruise market.
Global toy maker Mattel has formed an alliance with Alibaba, China’s e-commerce giant, in a bid to gain entry into the country’s toy market, estimated to be worth $7 billion, according to an article by Fortune.
Alibaba Group Holding Ltd has formed a strategic partnership with Bailian Group, the largest retailer in the country in terms of store number, in a bid to increase the e-commerce giant’s share in the brick-and-mortar sales using its big data capabilities, according to Fortune.
With the recent talent poaching rap faced by Didi Chuxing, the Didi-AutoNavi rivalry is further heated up. AutoNavi accuses the ride-hailing firm for poaching eight of its engineers, according to court documents.
With the drug addiction treatment market being about $35 billion a year in the U.S. alone, it is easy to understand why the industry is rapidly becoming a popular space.
Although traded at their most expensive levels, the stocks of the country’s “Big Three” air carriers--Air China Ltd., China Eastern Airlines Corp. and China Southern Airlines Co.--are expected to gain further valuation with the anticipated rebound of the Chinese economy, according to an analyst.
Alibaba Pictures's stock dipped 3.5 percent in Hong Kong on Tuesday as the company warned of potential losses amounting to 950 million to $1 billion yuan ($140 million), Forbes reported.
Amid a decline in overseas acquisitions by Chinese buyers due to government curb on capital outflows, mergers and acquisitions (M&As) into China by foreign buyers are rising as new rules on foreign direct investment will enable foreign investors to tap on consumer spending.
Ancient Taiyuan County, which dates back to Ming Dynasty (A.D. 1368-1644), begins to take shape with efforts to restore relics to what they were like around 600 years ago.