Wednesday, 29th, 2017 | 12:56PM Updated

Two millennials are seen together on a music festival during Chinese National Day.
Chinese Millennials Ditching 9-5 Jobs for Part-Time Gigs

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 stores are decorated with Chinese lanterns and discount posters to attract customers.
Walmart Eyes New Retail Models to Boost Profit in China

Walmart will further expand in the country this year by opening up to 40 new branches.

According to iResearch China, Amazon only holds less than 1 percent in China's lucrative e-commerce market.
Amazon in China: West's E-commerce Giant Still Gets Dominated in the East

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.

Yuan's Value
China’s $3.8 Trillion Loss: Economist Debunks Misconceptions, Presents Possible Reasons for Capital Flight

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.

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Pedestrians walk past a Bank of Tokyo-Mitsubishi UFJ Ltd. branch, a unit of Mitsubishi UFJ Financial Group Inc. (MUFG).
China, Japan Eager to Invest in Philippines to Support Country's Sustained Economic Growth

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.

A technician works at a research lab of BYD Co. in Shenzhen, south China's Guangdong Province.
China's BYD Unveils New Product Line of Modular Battery Storage Systems in Australia

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.

AT&T globally acclaimed giant telecom company
Verizon, Sprint, T-Mobile and AT&T initiate self-start to compete offering unlimited data plans

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.

The deal hopes to launch a cruise brand using Carnival Cruise Line ships.
Italy’s Fincantieri, CSSC Ink $1.5 Billion China Cruise Ship Deal with Carnival

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.

Mattel toys in China
Mattel Forms Alliance with Alibaba to Break into China’s $7 Billion Toy 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-Bailian Group Partnership
Alibaba Partners with Bailian Group to Get Bigger Share in Brick-and-Mortar Retail Sales

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.

Ride-hailing firm Didi faces rap over talent poaching.
Didi-AutoNavi Rivalry Heats Up: Didi Sued for Talent Poaching

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.

OTC Markets
Naloxone & Naltrexone: Anti-Drug Addiction Stocks to Watch

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.

China Southern Airlines
Airline Stocks Forecast: China’s Priciest Airline Shares to Gain Higher Valuation as Economy Rebounds

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.

An employee walks past the reception counter at Alibaba headquarters in Hangzhou.
Alibaba Pictures Stock Dropped 3.5% Ahead of Anticipated $140 Million Loss

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.

China's Free Trade Zone
Inbound China M&A: Foreign Direct Investment into China Rising as New Rules to Make Procedures Easier

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.

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