China
Hong Kong’s wealthy plan to spend HK$870,000 in 2024 travels
Hong Kong’s wealthy plan to spend HK$870,000 in 2024 travels
Tokyo is their top destination of choice.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
China launches world's first 6G test satellite
The low-earth orbit satellite offers low latency and high data transfer rates.
China Life Insurance to see 45% YoY profit slump – Nomura
China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.
China approves 106 GW of coal project, derails climate commitments
Coal approvals rose fourfold in 2020 and 2023, compared to the 2016-2020 period.
VC funding of startups in China plummet 26.9% 11M’23
Unconducive market conditions further drove its decline.
China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura
The agreement aims to adhere strictly to regulatory requirements.
China Medical University Hospital’s AI solutions reduce staff workload and save more patients
The AI medical system cuts nurse input time from 30 minutes to 10 minutes by converting medical notes from voice to text.
Brown-Forman Spirits clinches Asian Experience Awards for Woodford Reserve ‘Discover Woodford Reserve’s Spectacle of Senses in China’ brand event
It was able to generate a total of 65 clippings and an AD value of RMB15.57m.
Peeking into the future of work at Keppel’s Shanghai smart office
The newly refurbished office features a suite of sustainable urban renewal enterprise solutions leveraging the latest digital technologies and IoT.
DHGATE Group’s Nebula Plan shines bright in navigating innovation for e-commerce
The initiative is reshaping cross-border e-commerce, acknowledging the significance of influencers, and embracing the decentralisation of online shopping.
NIIT China's EdTech transformation earns recognition at the Asian Technology Excellence Awards
Their successful pivot to EdTech and its strategic partnership with Red Hat for online training programmes secured the China Technology Excellence Award for Digital - Training and Development, highlighting their commitment to digital education.
C-beauty brands outperform in China: report
Sales of brands amongst the top 20 brands in colour cosmetics grew to 28% in 2022.
adidas sees ‘better-than-expected’ growth in China despite 9% revenue decline
The company recorded ‘flattish sales’ and a small operating profit overall.
Alibaba names Wu Zeming as CTO in management reshuffle
He succeeded Li Cheng in the post immediately.
Take a look at the winners of the China International Business Awards 2022
Companies were lauded for their innovations and efforts
Bottom-up approach in building ESG needed to realise benefits, says RSM partner
Yau stated that taking the opposite approach will be difficult in terms of accelerating ESG culture.