China
Business
China’s Alibaba Plans To Be Bigger Than Walmart in 2016
Chinese E-commerce giant Alibaba, after overtaking Amazon (AMZN) and eBay (EBAY) combined is now looking forward to outperform Wal-Mart (WMT), as the World’s biggest retail store in 2016. CEO Jonathan Lu of Alibaba told Reuters...
Business
China Reports Sharp Decline in Exports, But Imports Climb
China reported that its exports suffered a sharp decline for the month of September. According to the General Administration Customs in Beijing, the country’s shipments overseas fell by 0.3% to $185.6 billion.
Based on data...
Business
China, East Asia Growth Estimates Lowered By World Bank
World Bank downgraded the economic growth forecasts of China and other major East Asian countries for fiscal 2013 and 2014, backing the lowered forecasts with reasons like decline in growth rate of china, as...
Technology
China To End 13-year Old Ban On Video Gaming Consoles
China has given approval to the plans to discontinue the ban on the sales of video game consoles in the region, which will provide an opportunity to the game console developers like Sony, Nintendo...
Technology
Facebook, Twitter To Be Unbanned In China But Only In Free Trade Zones
China has decided to lift the ban on social networking sites including Facebook Inc (NASDAQ:FB) and Twitter, but limiting the access only to free trade Zone in the city of Shanghai, says South China...
