Beijing is restricting access to foreign books and publications as it opens a new front in its battle to limit outside influence on Chinese society . Regulators have given verbal instructions to publishers limiting the number of children’s books written by foreign authors to be published within China each year, according to three people with knowledge of the order.
Category: China Travel
A Delivery Man Just Became One of the Richest People in China
Imagine your net worth increasing by $2 billion a day. That’s what happened when China’s largest parcel delivery company, S.F. Express, made its stock exchange debut and turned founder Wang Wei into the country’s third-richest man.
A Delivery Man Just Became One of the Richest People in China
Imagine your net worth increasing by $2 billion a day. That’s what happened when China’s largest parcel delivery company, S.F. Express, made its stock exchange debut and turned founder Wang Wei into the country’s third-richest man.
Cross-border e-commerce urged amid easing of retail sector decline
Slide for fourth consecutive year blamed on worldwide economic conditions, while online marketplace may have huge potential for local retailers The struggling retail sector is expected to stabilise following a three-year slump , with an industry head predicting a milder decline of 3 to 4 per cent for 2017, dragged down by unfavourable currency conditions and uncertainty sparked by the possibility of rigid US trade policies. Retail Management Association chairman Thomson Cheng Wai-hung said: “The association and I believe it is unlikely that the sector will see a revival this year.”
Cross-border e-commerce urged amid easing of retail sector decline
Slide for fourth consecutive year blamed on worldwide economic conditions, while online marketplace may have huge potential for local retailers The struggling retail sector is expected to stabilise following a three-year slump , with an industry head predicting a milder decline of 3 to 4 per cent for 2017, dragged down by unfavourable currency conditions and uncertainty sparked by the possibility of rigid US trade policies. Retail Management Association chairman Thomson Cheng Wai-hung said: “The association and I believe it is unlikely that the sector will see a revival this year.”
Alibaba Raises Forecast as Chinese Consumers Continue to Spend
Alibaba Group Holding Ltd. raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company wrings revenue from fledgling areas such as cloud computing, entertainment and search. China’s biggest e-commerce company increased its projection for fiscal 2017 revenue growth to 53 percent, from 48 percent previously. That may help assuage investors concerned that a deceleration in the world’s second-largest economy is curtailing Alibaba’s main online commerce business.
Five Charts Show How Holiday Season Means Shopping Fever in China 44 minutes ago
Chinese consumers flocked to malls, restaurants and cinemas ahead of the year’s biggest holiday season, highlighting the consumption power transforming the economy. Foot traffic at shopping centers and eateries edged up while online sales climbed from a year earlier, according to data from Baidu Inc., operator of the nation’s dominant search engine, and No.
Virtual reality takes Hesperia students on field trips to DC, volcanos and China
Students picked up white plastic visors and slid them onto their faces. Suddenly, they were 2,600 miles away, standing in Washington, D.C., next to the Martin Luther King Jr. Memorial, with the Lincoln and Jefferson memorials visible as they turned their heads.
Roamingman Lands on Times Square and Pays New Year Call to Global Chinese
New York time January 14, 2017, a “Roamingman Pays New Year Call to Global Chinese” message appeared at the Times Square. Roamingman is a global roaming portable WIFI brand which focuses on the rental market of Shenzhen uCloudlink Network Technology Co.
Alibaba leads $2.6bn bid for store chain
Hong Kong/Shanghai: Alibaba Group Holding Ltd is leading a bid to take department store chain Intime Retail Group Co private for as much as $2.6 billion, as China’s largest online retailer deepens its integration with brick-and-mortar stores. The deal to buy out Intime adds to Alibaba’s burgeoning foothold in physical retail as it pursues growth beyond a slowing online business.
Storefront brings – Airbnb of retail’ to Hong Kong
When brick-and-mortar stores are fading, pop-up shops are popping up everywhere, and moving even more close to you. Imagine if renting a shop in the world’s most expensive street was as easy as booking a hotel room? Storefront makes it possible.
From Goldthorpe to the Great Wall of China – in seconds
Visiting the Queen, or standing on the Great Wall of China in an instant became a possibility for youngsters within a ‘virtual reality’ lesson that fully captured their attention. Google representatives thrilled children at Goldthorpe Primary School when they called by demonstrate what can be done using virtual reality.
First China-U.K. Freight Train Departs as Xi Seeks to Lift Trade
China initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe. The first train departed Yiwu in eastern Zhejiang province on Jan. 1 and will cover more than 12,000 kilometers in about 18 days before reaching London, China Railway Corp. said in a statement Monday.