Tag: China

October 24, 2022

As ongoing supply chain issues continue to pose logistical concerns, companies are looking for more creative ways to increase the efficiency of operations, and one of these methods is consolidated shipping. Some businesses already offer their customers the option to […]

July 27, 2022

Adidas highlighted in its release that second quarter results were slightly ahead of expectations thanks to strong growth in its Western markets and a return to growth in Asia-Pacific. However, the change to its projections for China still constitute a […]

January 6, 2022

Beijing has hit back at Walmart, calling the retailer ‘stupid’ over its reported boycott of products made in Xinjiang. Chinese consumers recently accused Walmart of removing the goods produced in the province, where China has been accused of detaining over […]

January 5, 2022

China’s central bank has launched a pilot version of its digital wallet which will house the country’s digital yuan currency in a bid to increase the usage to more people. Currently the app is available on China’s Android and Apple […]

November 22, 2021

AliExpress has continued its efforts to digitalise for international merchants and streamline its logistics ecosystem at its 2021 11.11 Global Shopping Festival, which lasted 48 hours. This year also marked the first time the online retail marketplace’s gala took place […]

September 27, 2021

Whether a toy is manufactured in China or sourcing materials are imported to make a toy in the U.S. it faces the same dilemma: Companies aren’t getting their cargo on time as containers sit at ports or in terminals for […]

September 1, 2021

Digital technologies have changed the competitive dynamics of the logistics services industry. Companies like Maersk have started upgrading their traditional services towards technology-supported transportation solutions. To offer a better customer experience with smarter, faster, and more sustainable logistics, companies must […]

August 23, 2021

China has strengthened its resolve against Big Tech in the country with a new law which restricts companies’ abilities to collect consumer data. The new bill, coined the Personal Information Protection Law (PIPL) lays out the first-of-its-kind comprehensive list of […]

August 19, 2021

Alibaba’s shares have hit all-time lows on the Hong Kong stock exchange as the Chinese government continues its relentless crack down on tech giants. Shares in the ecommerce giant fell 11 per cent from 184HKD on Friday to 162HKD this […]

June 28, 2021

Chinese online grocery delivery company MissFresh saw its share price tumble 25.7 per cent from the IPO price, closing at $9.66 a share. The MissFresh IPO was one of the largest US offerings in 21 years however its debut has […]

June 25, 2021

The Chinese government is considering allowing more cotton imports than usual this year following the decision by major US brands to avoid using cotton from the controversial Uighur region of Western China. China are thought to possibly issue another batch […]

April 20, 2021

The Chinese ecommerce market is predicted to grow to $3 trillion by 2024, according to figure from GlobalData. Chinese online sales are also expected to grow 17.2 per cent and will surpass offline sales for the first time in 2021 […]

April 12, 2021

Alibaba has seen its shares jump nearly eight per cent this morning despite it being slapped with a record $2.8 billion antitrust fine by Chinese regulators. Alibaba, which has been at the centre of a significant crackdown on big tech […]

March 30, 2021

“Can H&M continue to make money in the Chinese market? Not anymore,” Xu Guixiang, a Chinese government spokesman, said at a news conference on Monday morning. His comments escalate the war between fashion retailers, including H&M, Burberry, Nike and Adidas, […]

March 24, 2021

E-commerce live streaming in China is a massive industry. Coresight estimates that live commerce GMV in China will reach $305 billion this year, and research firm iResearch predicts that it will account for 15% of total e-commerce sales, up from […]

March 12, 2021

Alibaba is facing a record fine of nearly $1 billion by the Chinese government over allegations of anticompetitive practices. Alibaba could be forced to pay the biggest fine in Chinese corporate history, surpassing the $975 million paid by Qualcomm in […]

December 14, 2020

Alibaba has once again fallen foul of the Chinese government and has been fined 500,000 yuan (£57,000) for failing to submit relevant paperwork during an acquisition deal. In the government’s latest bid to curb the dominance of Chinese tech giants, […]

December 7, 2020

Chinese ecommerce giant JD.com Inc on Saturday announced it had become the country’s first platform to accept Beijing’s digital yuan. The company’s finch arm JD Digits will accept Beijing’s homegrown digitals currency as payments for some products on its online […]

November 18, 2020

The stage is set for China to become the world’s biggest luxury market by 2025, according to a new report. In a year where global luxury spending has fallen dramatically, China’s domestic market is still poised to grow, as the […]

November 17, 2020

AliExpress saw the value of its merchandise sold internationally rise 350 per cent on Singles Day last week. The shopping event founded by Alibaba and now known as the Global Shopping Festival saw the first four hours of transactions exceed […]