Starbucks is eyeing to double its stores in China over the next five years, targeting 5,000 branches by 2021.
China's App Store has broken quarterly records for iOS revenue and become the world's biggest market for revenue on Apple's iPhones and iPads. The Asian country's App Store earned $1.7 billion during Q3 2016 in terms of App Store revenue for iOS devices. That figure is 15 percent higher than the United States, which has topped the rankings for over half a decade.
China’s currency regulator has stopped underground banking operations that involved more than 1 trillion yuan ($148 billion) following a crackdown on illegal capital outflows, according to Bloomberg.
Tech giants in China are looking at ‘Uber for bikes’ as the country’s next big Internet craze, by investing millions of dollars as investment, according to Reuters.
The rapid growth of China’s drone industry has driven small start-ups to lead the production, sales and technological innovation of consumer drones in the global market, according to industry leaders on Thursday, Oct. 20.
Say hello to the newest addition to Huawei's processor fleet, the Kirin 960. This beast will prove to be a tough competitor.
The Hurun Rich List for 2016 was released on Thursday, Oct. 20, with Wang Jianlin, chairman of Dalian Wanda Group, maintaining his top position as the richest man in the Chinese mainland, whose fortune amounted to 215 billion yuan ($32 billion), China Daily reported.
Top executives from Alibaba and Didi Chuxing don’t believe that there is an economic bubble.
Chinese food products will be put under blockchain technology.
Chinese e-commerce giant Alibaba Group Holdings Ltd. is reportedly seeking to raise $1 billion in a bid to expand the operations of its affiliate Koubei.
Following the sales growth of Weet-Bix in China after it was featured on a popular Chinese soap opera Ode to Joy, the Australian company Sanitarium has announced that it will increase its cereal exports to China under a new name Nutri-Brex.
The world's second largest aviation industry has expanded its operations southwards. The new branch in Guangzhou expects to be fruitful.
American car manufacturer General Motors announced a record high in sales.
Industry insiders expect the theme park competition between Walt Disney Co. and Wanda Group to heighten after a former senior executive of Disneyland Hong Kong has been reported to be joining its rival, Wanda, China Daily reported.
Taiyuan, the hub of coal mines, observes a dramatic U-turn to reduce environmental pollution under the determined Chinese administration.
