The sharing economy has been threatening traditional industries in the West. Now it’s gaining a foothold in China.
This week, all eyes were on the 2014 China GDP figure, which at 7.4% was lower than the target of 7.5%; Tencent created a mini ad frenzy on WeChat; and LeTV’s electric car plans inched a step closer to fruition.
This week, the Shanghai Composite Index reached a 40-month peak; experts speculated on future PBOC rate cuts, following last week’s interest rate cut which was the first since 2012; and Tencent and Alibaba locked horns.
What industry incumbents can learn from the forces that guide market entry.
Online to Offline commerce, or O2O, is being heralded as the next big thing in China’s e-commerce sector. Why is it so popular and who are the key players?
Innovation Works, the Beijing-headquartered incubator founded by former Google China chief Kai-Fu Lee, has set up a base in Silicon Valley. Chris Evdemon, who is spearheading Innvation Works’ US foray, explains the rationale.
WeChat, China’s wildly popular social messaging app, is experimenting with mobile commerce in a bid to become an all-in-one platform. What are the odds of success? Twenty two-year-old Yin Junyu has been selling fashion accessories made of synthetic pearls and designer jewelry replicas for the last two years at a small store in Beijing’s Tongzhou […]
China is not known to be an innovative economy, but Shaun Rein, author of The End of Copycat China, believes that will change sooner than we know. Can you name one innovative project, one innovative change, or one innovative product that has come out of China? That was a challenge posed by US Vice-President Joe Biden, […]
This week, China industrial production figures revealed a slower growth from last year; Lenovo and Tencent reported profits while sportswear manufacturer Li-Ning suffered yet another battering; and Alibaba restructured its relationship with Alipay. The Macro Picture China’s GDP growth bounced back to the target rate of 7.5% in the second quarter, but newly released data […]
This week, Mercedes-Benz faced an anti-monopoly probe; the Tesla China trademark episode finally came to an end; WeChat got new rules for news while Line and Kakao Talk got axed in China; Xiaomi edged ahead of Samsung; and Priceline invested in Ctrip. For the China Policy Wonks… The Chinese government made a lot of headlines this […]