Apple China is back in the reckoning; Walmart announces brave expansion plan and Alibaba gives the YunOS a renewed push.
China Roundup: Shanghai Stock Exchange Boom Has a Zero too Many
This week, trading on the Shanghai Stock Exchange exceeded RMB 1 trillion causing a major software glitch; China’s factory activity slowed (again); and Visa and MasterCard finally got a level playing field.
China Roundup: Chinese Economy Data Dampens Spirits
This week, new data on the Chinese economy painted a bleak picture; the Shanghai Composite Index surged (again); and a Chinese company bought Segway.
China Roundup: Who Moved the Hang Seng Index?
This week, mainland investors pushed the Hang Seng Index to a seven-year high; Alibaba’s Ant Financial launched a Big Data-based stock index; and Cloud Live Technology teetered close to a default.
China Roundup: Chinese GDP Growth Likely to Fall Below 7%
The first quarter Chinese GDP growth may fall below the 7% target and the US has softened its stance on the Asian Infrastructure Investment Bank.
China Roundup: More Support for Asian Infrastructure Investment Bank
This week, the China-backed Asian Infrastructure Investment Bank initiative won more support; fluctuations in the value of the RMB caused concerns; and Tencent revealed its smart-car ambitions.
China Roundup: RIP. Yahoo China
This week saw the end of Yahoo China, the Shanghai Composite Index peaked, and Uber found an unlikely partner in the Warren Buffet-backed BYD.
China Roundup: The Chinese Economy Posts Weak Numbers
This week, various economic indicators released on the Chinese economy showed slower growth and Alibaba invested in Snapchat
China Roundup: China GDP Growth Target Downscaled
This week, Premier Li Keqiang lowered the China GDP growth target to 7% from 7.5% last year; US President Barack Obama voiced concerns over China’s proposed anti-terrorism law because of its likely impact on US technology companies; and Xiaomi entered GoPro territory.
China Roundup: Alibaba Invests in Smartphone Brand Meizu
This week, Qualcomm got a rap on its knuckles and a $975 million fine; Alibaba invested in smartphone brand Meizu; and the Chinese imports figure plunged. Bad Data The most recent indicators of the Chinese economy don’t look good. Imports fell sharply by 20% in January from a year earlier, the biggest drop since May […]
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