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BizChina

Marks & Spencer Tmall store closed

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By David Cao
David Cao
19 January 2018
Hits: 1299

Marks & Spencer Tmall store to closed

Just days after selling its Hong Kong retail business to franchise partner Al-Futtaim, Marks & Spencer has announced it will soon close its Tmall store in the mainland.

The move marks the complete withdrawal from the Mainland China market by the British department store operator, which is now focusing on the domestic market and leaving franchise partners to manage its brand elsewhere.

Read more: Marks & Spencer Tmall store closed

Huawei wins in Samsung patent dispute

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By David Cao
David Cao
12 January 2018
Hits: 1109

Huawei wins in Samsung patent dispute

Jan 9th 2018, Richard Yu, CEO of Huawei Consumer Business Group, unveils the Huawei Mate 10 Pro high-end smartphone in Las Vegas USA.

Huawei Technologies Co Ltd has won another patent victory in China over its South Korean competitor Samsung Electronics Co Ltd, amid increasingly fierce competition in the world's largest smartphone market.

The Shenzhen Intermediate People's Court ruled on Thursday in favor of Chinese smartphone-maker Huawei, issuing a ban on Samsung infringing the firm's intellectual property rights by manufacturing and selling products that use its patented wireless communication technologies.

Read more: Huawei wins in Samsung patent dispute

China's foreign trade up 14.2% in 2017

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By David Cao
David Cao
12 January 2018
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Yangshan Port Phase IV

Yangshan Port Phase IV in Shanghai in Dec 2017.

China's foreign trade volume rose 14.2percent year on year to 27.79 trillion yuan ($4.28 trillion), ending the previous continuous drop of the previous two years, official data showed Friday.

Read more: China's foreign trade up 14.2% in 2017

FedEx sets up new cargo hub in Shanghai

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By David Cao
David Cao
09 January 2018
Hits: 1107

FedEx Express opened a new international express and cargo center in Shanghai on Monday to provide greater access to its global network for customers in eastern China, particularly those shipping goods to the United States and Europe.

The 134,000-square-meter FedEx Shanghai International Express and Cargo Hub, about eight times the size of its previous facility, is the largest of its kind at the Shanghai Pudong International Airport.

Read more: FedEx sets up new cargo hub in Shanghai

JD.com plans to sell 2 billion euros French goods in China

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By David Cao
David Cao
09 January 2018
Hits: 1048

JD.com plans to sell 2 billion euros French goods in China

French President Emmanuel Macron meet JD.com President Richard  Liu on Jan 9th 2018 in Beijing.

China's second-largest e-commerce player JD.com announced on Tuesday a plan to sell French goods worth 2 billion euros ($2.34 billion) through its platform in China in the next two years.

The online retail giant signed memorandums of understanding with Business France and French industrial engineering group Fives, witnessed by French President Emmanuel Macron who is on a state visit to China from Monday to Wednesday, his first trip to the country since assuming office in May.

Read more: JD.com plans to sell 2 billion euros French goods in China

More Articles …

  1. China Set Road-map For Smart Car Development
  2. Haier's revenue rises 20% in 2017
  3. China Leads In New Energy Industry Development
  4. China to invest $112.7 billion on railway projects in 2018
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Page 17 of 126

Banking

  • China's Gold VAT trade reform aims to tax free for investment
  • China's digital RMB transactions top 14.2 trillion yuan
  • Renminbi asset appeal spurs dim sum bond market
  • UnionPay International Expands European Footprint with Strategic Partnerships and Enhanced Payment Network
  • China T-bond move seen safeguarding financial stability

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China NIA: Average daily inbound and outbound passenger volume to increase 14.1% during Chinese New Year
  • China U23 team's historic breakthrough
  • China's New railway timetable enhanced connectivity nationwide
  • Yiwu's Factory flaw “sad horse" toys go viral on Chinese Internet
  • From plateau to hard drives: documentary tests NAS technology

Manufacturing

  • China-made C919 transports 5 million passengers in past 3 years
  • China's large drone FP-985 completes pioneering plateau logistics flight
  • China's NEV output tops 16 million units as exports double
  • World's first methanol dual-fuel VLCC "Kaituo" delivered in Dalian
  • China's superconducting quantum prototype 'Zuchongzhi 3.2' achieves key breakthrough

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